About 6616 Figueroa Street
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.
Features of 6616 Figueroa Street
| MLS® # | SR25187192 |
|---|---|
| Price | $1,149,900 |
| Sold Price | $1,110,000 |
| Bedrooms | 8 |
| Bathrooms | 5.00 |
| Lot Sqft | 4,200 |
| Acres | 0.10 |
| Year Built | 2018 |
| Type | Residential Income |
| Sub-Type | Triplex |
| Status | Closed |
| # Of Units | 3 |
Community Information
| Address | 6616 Figueroa Street |
|---|---|
| Area | C36 - Metropolitan Southwest |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90003 |
Amenities
| Utilities | Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected |
|---|---|
| Parking Spaces | 6 |
| Parking | Attached Carport, Garage |
| # of Garages | 2 |
| Garages | Attached Carport, Garage |
| View | Neighborhood |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Heating | Central, Natural Gas, ENERGY STAR Qualified Equipment |
|---|---|
| Cooling | Central Air, ENERGY STAR Qualified Equipment |
| Has Basement | No |
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Lot Description | Rectangular Lot, Yard, TwoToFiveUnitsAcre |
|---|---|
| Windows | Insulated Windows, ENERGY STAR Qualified Windows |
| Foundation | Concrete Perimeter |
Additional Information
| Date Listed | August 21st, 2025 |
|---|---|
| Date Sold | November 3rd, 2025 |
| Days on Market | 39 |
| Zoning | LAC2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Jessica Altinoglu |
|---|---|
| Office | Luxury Collective |