RealKey
‪(213) 433-7766‬

9618 S Figueroa Street, Los Angeles, California 90003, Los Angeles, 90003 - bed, bath

9618 S Figueroa Street, Los Angeles, California 90003 home-pic-0
ACTIVE$605,000
9618 S Figueroa Street, Los Angeles, California 90003
0Bed
0Bath
2,520Sqft
5,968Lot
Year Built
1955
Close
-
List price
$605K
Original List price
$699K
Price/Sqft
$240
HOA
-
Days on market
-
Sold On
-
MLS number
PW25186030
Home ConditionPoor
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $605.0K(29th), sqft - 2520(79th), beds - undefined(50th), baths - undefined(50th).

Investors and Flippers. Classic bungalow located in the Vermont Vista area of Los Angeles, This 1955 4 plex consists of one 2520 sq/ft building with four, 1 bed and 1 bath, approx 620 sq/ft each. Units have the original kitchen and bathrooms. Unit 9618 has been cleaned out and taken down to studs ready for you to complete the interior. The lot is 5968 sq/ft with 3 off street parking space at the back of the property. Parking lot in the back, that can be a potential ADU Possibility (Buyer to verify). Positioned along a high-visibility corridor with excellent access to freeways, LAX, public transportation, and local amenities

Price History

Date
Event
Price
11/14/25
Price Change
$605,000-6.8%
10/08/25
Price Change
$649,000-7.2%
08/22/25
Listing
$699,000
Condition Rating
Poor
Built in 1955, this property features original kitchens and bathrooms in all units, indicating extreme age and a complete lack of modern amenities. One unit has been stripped down to the studs, rendering it unlivable and requiring a full interior build-out. The exterior images show a neglected property with boarded-up windows, further emphasizing its state of disrepair. The listing itself targets 'Investors and Flippers' and explicitly states 'Extensive Renovation Required' and 'Aging Infrastructure.' These factors collectively indicate a property in need of substantial repairs and rehabilitation, making it uncomfortable and partially unsafe in its current condition.
Pros & Cons

Pros

Income-Generating Quadruplex: The property is a 4-plex, offering immediate residential income potential for investors.
Significant Value-Add Opportunity: Explicitly marketed for investors and flippers, with one unit already gutted to studs, presenting a clear path for renovation and increased value.
Strategic Urban Location: Positioned on a high-visibility corridor with excellent access to freeways, LAX, public transportation, and local amenities, enhancing tenant appeal.
ADU Development Potential: The rear parking lot offers a potential opportunity for an Accessory Dwelling Unit, which could significantly boost rental income and property value.
Off-Street Parking: Includes 3 off-street parking spaces, a valuable amenity in a dense urban environment like Los Angeles.

Cons

Extensive Renovation Required: All units feature original kitchens and bathrooms, and one unit is stripped to studs, indicating a substantial capital investment and renovation project for the buyer.
Aging Infrastructure: Built in 1955, the property likely requires significant updates to its core systems (plumbing, electrical, HVAC) to meet modern standards and tenant expectations.
ADU Verification Required: While promising, the ADU potential is subject to buyer verification, introducing an element of uncertainty and requiring due diligence before development.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state