CA > Los Angeles
Los Angeles, CA 90065,3501 N Figueroa St
Los Angeles, CA 90065,3501 N Figueroa St
Los Angeles, CA 90065,3501 N Figueroa St
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$1,135,000
Est. payment /mo
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4 Beds
2 Baths
1,400 SqFt
Price Dropped by $64K

3501 N Figueroa St Los Angeles, CA 90065

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Gwendolyn Thomas

Gwendolyn Thomas

+1(702) 265-5005

Open House

Sun Oct 19, 1:00pm - 4:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,400 sqft

Price per Sqft $810

MLS Listing ID 25594805

Bedrooms 4

Year Built 1940

Lot Size 5,666 Sqft

Acres 0.1301

Property Sub-Type Multi-Family

Property Description

Looking for a smart investment in one of Los Angeles' fastest growing neighborhoods like Highland Park, Mt. Washington, Echo Park, Glassell Park, Eagle Rock, El Sereno, the Arts District, or Elysian Park? Location is everything, and while homes can always be remodeled at any time, land is everything, and this duplex is positioned right in the heart of NOLA's creative energy and ongoing growth close to the 5, 101, 110, 710, 2 and 10 freeways. At $1.2M you are essentially buying each unit for $600,000, a rare opportunity in today's market. With interest rates trending downward, ownership pencils out to about $6,100 per month for principal and interest on a 30 year loan at 5.5% allowing you to live in one unit and rent the other or rent both and enjoy a solid 5% cap rate while building equity and taking advantage of tax benefits. This recently remodeled and completely vacant duplex sits on a chic 5,666 square foot corner lot just minutes from York and Figueroa, with approximately 1,400 square feet of living space that includes two bedrooms and one bath in each unit. Thoughtful updates include laminate wood floors, split systems for heat and air conditioning, private fenced yards, separate entrances, dedicated laundry for each home, and one unit even captures sweeping views of the Downtown Los Angeles skyline. Designer kitchens, modern baths, and bright open floor plans make both residences feel fresh and turnkey, while lush landscaping, custom fencing, and gated parking create privacy and convenience. Set just ten minutes from Elysian Park, Dodger Stadium, Griffith Park, Downtown LA, the Arts District, Chinatown, Japantown, Atwater Village, Silver Lake, and Echo Park, this property offers easy access to the city's best dining, culture, and lifestyle. Currently both units are available for rent.

Location

State CA

County Los Angeles

Area Mt Washington

Zoning LARD2

Rooms

Other Rooms Shed(s)

Interior

Heating Combination, Central, Forced Air

Cooling Air Conditioning, Other

Equipment Dryer, Washer, Range/Oven, Refrigerator, Dishwasher

Laundry In Carport, Laundry Area

Exterior

Parking Features Gated, Parking for Guests, Driveway, Driveway - Concrete

Garage Spaces 4.0

Building

Story 1

Level or Stories One

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Keller Williams Studio City

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Gwendolyn Thomas

Gwendolyn Thomas

Agent | RE.S.0186243

+1(702) 265-5005

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3501 N Figueroa St