$850,000

11018 S Figueroa, Los Angeles, CA 90061

2,316 sqft

Triplex
Built in 1950
4,055sqft lot
—— car garage
$367/sqft
Listed 15 days ago

Property Description

Income-Producing Triplex | R4-1 Zoned | High-Density Value-Add Opportunity Don’t miss this rare opportunity to acquire a fully occupied multi-family triplex in Los Angeles with R4-1 High Density Residential zoning—ideal for investors seeking stable cash flow today with strong upside potential tomorrow. Located in a high-demand rental pocket of South Los Angeles, this property offers an excellent unit mix, long-term tenancy, and future redevelopment flexibility under one of LA’s most desirable high-density zoning designations. Property Highlights Triplex (3 units) 100% Occupied – Immediate Rental Income R4-1 High Density Residential Zoning Strong rental demand location Excellent investor hold or value-add potential Unit Mix & Rent Roll Unit A – 1 Bed / 1 Bath Status: Occupied Rent: $1,900/month Lease: Month-to-Month Unit B – 2 Bed / 1 Bath Status: Occupied Rent: $1,700/month Lease: 11/01/2025 – 10/31/2026 Unit C – 3 Bed / 1.5 Bath Status: Occupied Rent: $116/month plus Section 8 of $2800 Lease: Month-to-Month (since 09/01/2021)

Listing Status:: Active
Date Added:: February 24, 2026
Data Last Updated:: March 10, 2026 at 8:20PM
Listing Office:: Ethos Properties : 818-653-6446
Listing Agent:: Darren Gaertner : 818-653-6446
MLS ID:: GD26041067

Laundry: None
Fireplace: None

Pool: None
Parking: AssignedParking spaces: 0

General: 1

HOA Amenities: 0.0
Originating MLS: CRMLS_CRM
County: Los Angeles

Zoning: 6075031028

Water: Public
Sewer: Public Sewer

Source: CRMLS_CRM

This listing courtesy of Darren Gaertner , Ethos Properties

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Figueroa Street Elementary School

510 W 111th St, Los Angeles, CA, 90044

Grades KG-5

0.09 miles away

Samuel Gompers Middle School

234 E 112th St, Los Angeles, CA, 90061

Grades 6-8

0.69 miles away

University Pathways Medical Magnet Academy

11227 S San Pedro St, Los Angeles, CA, 90061

Grades 9-12

0.73 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.