6519 S Figueroa Street, Los Angeles, CA, 90003

Welcome to this exclusive income producing TRIPLEX available for sale in well-located South Los Angeles. Featuring 3 large units (one 4 bed/1 bath unit, one 3 bed/2 bath unit, one 3 bed/1 bath unit) One unit to be delivered VACANT. Current GSI is $5,266/mth; $63,192/yr with opportunity to rent vacant unit at current market rate. It presents a great opportunity for an investor looking for solid cash flow. Located in a rapidly appreciating South LA submarket & only +/- 3.5 miles south of USC, this triplex could be perfect for graduate students or faculty with a family. The proximity to the LA Memorial Coliseum, LAFC's new Banc of California Stadium & the Staples Center/DTLA makes it a great location for investment & continued appreciation over the coming years. The Lucas Museum has also broken ground locally in Exposition Park & is set to open in late 2021. With this area’s many new construction projects; existing stadiums/attractions & great proximity to DTLA, this is a great opportunity to acquire property in this appreciating market place.