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 owner’s responsibility is limited to common area lighting and gate power, keeping expenses low. The property is in excellent condition—completely 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.
Sold for $1,110,000
Listed by: Luxury Collective • Jessica Altinoglu • Contact: 424-395-4841
Bought with: BJ Realty
$1,110,000
6616 S Figueroa St, Los Angeles, CA 90003
8beds
5baths
3,408sqft
Triplex
Built in 2018
-- sqft lot
$1,113,800 Zestimate®
$326/sqft
$2,773 Estimated rent
Home value
$1,113,800
$1.01M - $1.23M
$2,773/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Jessica Altinoglu DRE #02159983 818-426-2465,
Luxury Collective,
Sandro Bononi DRE #01401037,
Luxury Collective
Bought with:
Brian Jung, DRE #01946975
BJ Realty
Source: CRMLS,MLS#: SR25187192
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
Heating
- Central, ENERGY STAR Qualified Equipment, Natural Gas
Cooling
- Central Air, ENERGY STAR Qualified Equipment
Appliances
- Laundry: Laundry Chute, Gas Dryer Hookup
Features
- Windows: ENERGY STAR Qualified Windows, Insulated Windows
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 3,408
- Total interior livable area: 3,408 sqft
Property
Parking
- Total spaces: 6
- Parking features: Attached Carport, Garage
- Garage spaces: 2
- Carport spaces: 4
- Covered spaces: 6
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Spa features: None
- Fencing: Block,Wrought Iron
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 4,200 Square Feet
- Features: 2-5 Units/Acre, Rectangular Lot, Yard
Details
- Parcel number: 6013025026
- Zoning: LAC2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
- Attached to another structure: Yes
Materials
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 2018
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Curbs, Street Lights, Sidewalks
- Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Security Gate, Smoke Detector(s)
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $326/sqft
- Tax assessed value: $631,677
- Annual tax amount: $8,070
- Date on market: 8/21/2025
- Cumulative days on market: 39 days
- Listing terms: Submit
Price history
| Date | Event | Price |
|---|---|---|
| 1/31/2026 | Listing removed | $2,900$1/sqft |
Source: CRMLS #PW25258212 Report a problem | ||
| 1/28/2026 | Listed for rent | $2,900$1/sqft |
Source: CRMLS #PW25258212 Report a problem | ||
| 11/3/2025 | Sold | $1,110,000-3.5%$326/sqft |
Source:  CRMLS #SR25187192 Report a problem | ||
| 10/3/2025 | Pending sale | $1,149,900$337/sqft |
Source: CRMLS #SR25187192 Report a problem | ||
| 9/11/2025 | Price change | $1,149,900-4.2%$337/sqft |
Source: CRMLS #SR25187192 Report a problem | ||
| 8/21/2025 | Listed for sale | $1,199,900+649.9%$352/sqft |
Source: CRMLS #SR25187192 Report a problem | ||
| 5/22/2017 | Sold | $160,000$47/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,070 +1.6% | $631,677 +2% |
| 2024 | $7,943 +1.8% | $619,292 +2% |
| 2023 | $7,800 +4.7% | $607,150 +2% |
| 2022 | $7,452 +1.5% | $595,246 +2% |
| 2021 | $7,344 -0.9% | $583,575 +1% |
| 2020 | $7,413 | $577,593 +2% |
| 2019 | $7,413 +220.8% | $566,268 +226.6% |
| 2018 | $2,311 | $173,400 -3.3% |
| 2017 | $2,311 -2.7% | $179,230 +2% |
| 2016 | $2,375 +2.7% | $175,717 +1.5% |
| 2015 | $2,312 +0.6% | $173,079 +2% |
| 2014 | $2,298 | $169,689 +2.5% |
| 2012 | -- | $165,611 +2% |
| 2011 | -- | $162,365 +0.8% |
| 2010 | -- | $161,152 -0.2% |
| 2009 | -- | $161,536 +2% |
| 2008 | -- | $158,370 +2% |
| 2007 | -- | $155,265 +2% |
| 2006 | -- | $152,222 |
| 2005 | -- | $152,222 +4% |
| 2004 | -- | $146,314 +1.9% |
| 2003 | -- | $143,634 +2% |
| 2002 | -- | $140,819 +4% |
| 2000 | -- | $135,353 |
Find assessor info on the county website
Neighborhood: South Los Angeles
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Nearby schools
GreatSchools rating
- 6/10Gil Garcetti Learning AcademyGrades: K-6Distance: 0.2 mi
- 3/10Mary Mcleod Bethune Middle SchoolGrades: 6-8Distance: 0.3 mi
- 4/10John C. Fremont Senior High SchoolGrades: 9-12Distance: 1.1 mi
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Estimated market value
$1,113,800
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Estimated market value
$1,113,800
- California
- Los Angeles County
- Los Angeles
- 90003
- South Los Angeles
- 6616 S Figueroa St
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