6616 S Figueroa Street, Los Angeles Property Listing: MLS® #SR25187192

Exceptional Investment Opportunity Turnkey Income Property with ADU Potential. This well-maintained multi-unit property offers the perfect blend of immediate rental income and long-term upside; great for investors and owner-users. All units are equipped with central air & heat, and updated with laminate and porcelain flooring. With separately metered water, gas, and electricity, tenants cover all utilities; the owners responsibility is limited to common area lighting and gate power, keeping expenses low. The property is in excellent conditioncompletely turnkey, with no capital improvements required. Buyers can start collecting rent immediately. There is also exciting ADU potential by converting the garages in the back into additional rental units, providing future value-add income. With a high Net Operating Income and strong tenant appeal, this is truly a one-of-a-kind opportunity for both investors and owner-users. Seller is offering one vacant unit for flexible occupancy or immediate rental placement.

6616 S Figueroa Street, Los Angeles Property Listing: MLS® #SR25187192 Close
Page Summary
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  • MLS® #: SR25187192
  • 6616 S Figueroa Street
  • Los Angeles, CA 90003
  • $1,199,900
  • 8 Beds, 5 Bath, 0.10 Acres
  • Office: Luxury Collective

Exceptional Investment Opportunity Turnkey Income Property with ADU Potential. This well-maintained multi-unit property offers the perfect blend of immediate rental income and long-term upside; great for investors and owner-users. All units are equipped with central air & heat, and updated with laminate and porcelain flooring. With separately metered water, gas, and electricity, tenants cover all utilities; the owners responsibility is limited to common area lighting and gate power, keeping expenses low. The property is in excellent conditioncompletely turnkey, with no capital improvements required. Buyers can start collecting rent immediately. There is also exciting ADU potential by converting the garages in the back into additional rental units, providing future value-add income. With a high Net Operating Income and strong tenant appeal, this is truly a one-of-a-kind opportunity for both investors and owner-users. Seller is offering one vacant unit for flexible occupancy or immediate rental placement.

Supplemental Remarks

Essential Information

  • MLS® #SR25187192
  • Listing Price$1,199,900
  • Date ListedAugust 21st, 2025
  • Days on Market4
  • Bedrooms8
  • Bathrooms5.00
  • Acres0.10
  • Lot Sq.Ft.4,199
  • TypeResidential Income
  • Sub-TypeRes Income 2-4 Units
  • StatusActive

Dues

  • Mello Roos Dues$517
  • Total Monthly Dues$43

Community Information

  • Address6616 S Figueroa Street
  • AreaLOS ANGELES (90003)
  • CityLos Angeles
  • CountyLos Angeles
  • StateCA
  • Zip Code90003

Amenities

  • PoolN/K

Interior

  • CoolingCentral Forced Air
  • FireplaceYes
  • Stories2 Story

Exterior

  • Lot DescriptionCurbs,Sidewalks
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Listing information last updated on September 8th, 2025 at 6:13pm PDT.