$1,389,000

12021 S Figueroa, Los Angeles, CA 90061

  • 4,576 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1954
  • Property Lot Size Icon0.28acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $304/sqft
  • Property List Date Icon Listed 14 days ago

Property Description

Exceptional investment opportunity in the heart of Los Angeles! This well-positioned 8-unit apartment complex at 12021 S Figueroa Street, Los Angeles, CA 90061 offers a prime location with outstanding accessibility and strong income potential. The property features a desirable unit mix of two spacious 2-bedroom, 1-bath units and six 1-bedroom, 1-bath units, appealing to a broad tenant base. The efficient layout and low-maintenance design make this an ideal asset for both seasoned investors and those looking to expand their portfolio. Situated just off bustling Figueroa Street, the property provides immediate access to public transportation, including nearby Metro lines, and is conveniently located near the 110 and 105 freeways offering seamless connectivity throughout Los Angeles. Tenants enjoy easy commuting options and proximity to major employment hubs, retail, dining, and neighborhood amenities. With stable rental demand in this high-access corridor and significant upside potential in future rents and overall income growth, this asset presents a compelling value-add opportunity. Whether you're seeking steady cash flow, long-term appreciation, or both, this centrally located, income-producing property checks all the boxes. Don't miss the chance to acquire a strategically locat

Listing Status:
Active
Date Added:
February 24, 2026
Data Last Updated:
March 10, 2026 at 6:07PM
Listing Office:
THE REAL ESTATE LINK : 909-731-5445
Listing Agent:
Bruce Jung : 909-731-5445
MLS ID:
CRCV26040584
  • Laundry: OtherInside
  • Parking: Garage Faces Rear
  • Originating MLS: CRMLS
  • County: Los Angeles
  • Zoning: 6117003010
  • Source: CRMLS

This listing courtesy of Bruce Jung , THE REAL ESTATE LINK

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

West Athens Elementary School

1110 W 119th St, Los Angeles, CA, 90044

Grades PK-5

0.64 miles away

S

Samuel Gompers Middle School

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

Grades 6-8

0.98 miles away

U

University Pathways Medical Magnet Academy

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

Grades 9-12

0.98 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.

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