Search
6401 N Figueroa StreetLos Angeles, CA 90042
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.




Excellent Owner-User or Investment Opportunity! Two separate homes on one gated lot offer flexibility for an owner who wants to live in one and generate rental income from the other, or an investor seeking income from two residences. Each home is separately metered for gas, electric, and water, with tenants responsible for all utilities. The charming front bungalow, built in 1907, features 3 bedrooms, 2 beautifully remodeled baths, a separate office, and an inviting front porch. Hardwood floors add warmth and character, while the dining area features a fireplace and opens to the living room. The kitchen includes granite countertops, vinyl flooring, and a newer stove, refrigerator, washer, and dryer (2024). Wall-unit heating and A/C. The front home is currently vacant, providing an immediate opportunity for an owner-user or new tenant. The rear residence, 6401 1/2, was built in 1991 and is a spacious two-story, Spanish-style 4-bedroom, 3-bath home. Highlights include hardwood floors in the main living area, high ceilings, a fireplace, and a sunny rear patio. The home features central heat and a newer A/C unit (2025). It is currently tenant-occupied on a month-to-month lease. The property offers three off-street parking spaces between the homes: one for the front residence and two for the rear. With two substantial homes, separate utility meters, gated grounds, and immediate occupancy and existing rental income, this is a compelling opportunity for both investors and owner-users seeking to offset their housing costs with rental income. Gross income and GRM calculated on projected income.
| 4 hours ago | Listing updated with changes from the MLS® | |
| 11 hours ago | Listing first seen on site |
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.