$899,000 Price Analysis 8115 S Figueroa StLos Angeles, CA 90003 8 bed 6 bath 2,248 SqFt ($399/SqFt) 6,501SqFt lot. Built 1950 Listed 2024-06-17, Taxes $8,458 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
Eligible for new CHIP ordinance that can allow additional 50% density increase and significant parking reductions (See Docs). ED1 Elgible. Continue to rent out the property or develop this 6501 Sq Ft lot. Zoned LAC2 , this TOC Tier 1. With a FAR of 2.75 the total buildable area can be 17, 877 sq.
ft. Buyer to Verify with city planning for accuracy of all information. Property consists of one building with 6 separate units. Units 2, 3, 4, 5 and 6 are studios. Unit 1 is a 2 bedroom / 1 bath and it was modified to a 3 bedroom / 1 bath without permits which is now rented on Airbnb 30day+ . The other 5 units are rented out on a month to month basis.
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Property MLS #24-404581 from TheMLSCLAW
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $160,829 + $481,417 $642,246 | $8,458 |
2021 | $157,676 + $471,978 $629,654 | $8,352 |
2020 | $156,060 + $467,139 $623,199 | $8,429 |
2019 | $153,000 + $457,980 $610,980 | $8,125 |
2018 | $150,000 + $449,000 $599,000 | $7,981 |
2017 | $60,713 + $231,818 $292,531 | $4,261 |
2016 | $59,523 + $227,273 $286,796 | $4,156 |
2015 | $58,629 + $223,860 $282,489 | $4,105 |
2014 | $57,481 + $219,475 $276,956 | $4,160 |
2013 | $57,222 + $218,484 $275,706 | $4,144 |
2012 | $56,100 + $214,200 $270,300 | $4,192 |
2010 | $50,381 + $101,968 $152,349 | $2,614 |
2009 | $50,124 + $101,447 $151,571 | $2,531 |
2009 | $50,005 + $101,206 $151,211 | $2,531 |
2008 | $49,142 + $99,458 $148,600 | $2,450 |
2007 | $48,179 + $97,508 $145,687 | $2,378 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.