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4125 S Figueroa Street 101, Los Angeles, California 90037, Los Angeles, 90037 - 2 bed, 1 bath

4125 S Figueroa Street 101, Los Angeles, California 90037 home-pic-0
ACTIVE$349,000
4125 S Figueroa Street 101, Los Angeles, California 90037
2Beds
1Bath
722Sqft
39,278Lot
Year Built
1927
Close
-
List price
$349K
Original List price
$370K
Price/Sqft
$483
HOA
$440
Days on market
-
Sold On
-
MLS number
DW24226757
Home ConditionFair
Features
View-

About this home

We found 3 Cons,5 Pros.

Wonderful opportunity to own this rare 2-bedroom, 1 bathroom unit in the historic Figueroa Arms complex perfect for first time home buyer, USC Student, or staff. This 4-story building features a gym, beautiful central courtyard, onsite laundry, dog run, and nightly on duty security. This is a first-floor corner unit with only one shared wall and high ceiling. The kitchen has updated cabinets and with some TLC this unit you can be pristine. HOA includes security, water, trash and exterior building maintenance. You also can purchase a gated parking space for $40/month. You may even qualify for the USC Neighborhood Homeownership Program. Discover urban living in the heart of Los Angeles close to USC, LA Coliseum, BMO Stadium and just a short distance to restaurants and supermarkets. This is a prime location near downtown LA, Crypto Arena, Nokia Theatre, Exposition Park, Expo Line at USC, 110 Freeway, metro, Disney Concert Hall and so many other attractions and amenities LA has to offer. It’s the perfect space to be when the 2028 Olympics come to town. Tax rolls show different bedroom count. Property sold in as-is condition and seller will make no repairs.

Nearby schools

5/10
West Vernon Avenue Elementary School
Public,•K-5•0.3mi
5/10
Menlo Avenue Elementary School
Public,•K-5•0.4mi
2/10
Marguerite Poindexter Lamotte Elementary
Public,•K-5•0.6mi
/10
Dr. James Edward Jones Primary Center
Public,•K-2•0.8mi
3/10
Trinity Street Elementary School
Public,•K-5•0.8mi
/10
Maple Primary Center
Public,•K-1•0.8mi
3/10
Fifty-Second Street Elementary School
Public,•K-5•0.9mi
3/10
Normandie Avenue Elementary School
Public,•K-5•1.0mi
2/10
Main Street Elementary School
Public,•K-5•1.2mi
2/10
Martin Luther King Jr. Elementary School
Public,•K-5•1.4mi
2/10
Western Avenue Elementary School
Public,•K-5•1.7mi
2/10
Forty-Second Street Elementary School
Public,•K-5•2.2mi
2/10
Tom Bradley Global Awareness Magnet School
Public,•K-5•2.3mi
3/10
Angeles Mesa Elementary School
Public,•K-5•2.4mi
3/10
Sixth Avenue Elementary School
Public,•K-5•2.6mi
3/10
William Jefferson Clinton Middle School
Public,•6-8•0.8mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•1.6mi
2/10
John Muir Middle School
Public,•6-8•1.6mi
3/10
Los Angeles Academy Middle
Public,•6-8•1.7mi
2/10
Audubon Middle School
Public,•6-8•2.7mi
1/10
Horace Mann Junior High School
Public,•6-8•2.8mi
3/10
Manual Arts Senior High School
Public,•9-12•0.5mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,•9-12•1.7mi
5/10
Santee Education Complex
Public,•9-12•1.8mi
3/10
Nava College Preparatory Academy
Public,•9-12•1.8mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•2.8mi
Condition Rating
Fair
Built in 1927, this unit is nearly a century old. While the description notes 'updated cabinets' in the kitchen, implying some renovation, it explicitly states the property needs 'some TLC' and is sold 'as-is' with no seller repairs. This suggests that while functional, the kitchen likely has older appliances, countertops, and flooring, and the bathroom is almost certainly original or very dated. The overall condition indicates major components are functional but show significant signs of being outdated, requiring substantial cosmetic and functional updates to meet modern standards, aligning with the 'Fair' category.
Pros & Cons

Pros

Prime Urban Location: Exceptional proximity to major Los Angeles attractions including USC, LA Coliseum, BMO Stadium, Downtown LA, Crypto Arena, and excellent public transportation options like the Expo Line and 110 Freeway, with added future appeal for the 2028 Olympics.
Comprehensive Building Amenities: The historic Figueroa Arms complex offers a gym, a beautiful central courtyard, onsite laundry, a dog run, and nightly on-duty security, enhancing resident convenience and lifestyle.
HOA Inclusions & Financial Incentives: The HOA fee covers security, water, trash, and exterior building maintenance, providing value. Additionally, the property may qualify for the USC Neighborhood Homeownership Program, offering potential financial benefits.
Unique Unit Features: As a first-floor corner unit, it benefits from only one shared wall, offering increased privacy, and features high ceilings that contribute to a more spacious feel.
Historic Charm & Target Appeal: Located in the historic Figueroa Arms complex, the unit has updated kitchen cabinets and is specifically marketed as an ideal opportunity for first-time homebuyers, USC students, or staff.

Cons

As-Is Condition & Renovation Needs: The property is sold in 'as-is' condition with no seller repairs, and the description indicates 'some TLC' is needed, implying potential for significant buyer investment in renovations and upgrades.
Public Record Discrepancy: A noted discrepancy in bedroom count between the listing and tax rolls could lead to complications with appraisal, financing, or future resale value.
Compact Living Space: With 722 square feet, the unit offers a relatively compact living area, which may be a limitation for buyers seeking more spacious accommodations or those with larger household needs.

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