$1,950,000

12111 S Figueroa Street, Los Angeles, CA 90061

9,766 sqft

other
Built in 1960
10,354sqft lot
—— car garage
$200/sqft
Listed 1 month ago

Property Description

James Allan Group is proud to present a 12 Unit Building in close proximity to the 110 Fwy and 105 Fwy Consisting of 11: 2BD l 1BA units and 1: 1BD l 1 BA unit, excellently maintained with great upside potential. Newer Roof, updated plumbing and sewer line, new landscaping and stucco. Several units completely remodeled. Extra storage/previous rental unit with potential to convert to ADU. Secured ample parking. Currently operated at 5.1 cap with upside pro forma of 12 cap rate at market rents. Over $250,000 in improvements to the property. Proforma potential $306,000 Gross Income with 12.16 CAP and GRM of 6.6. 9766 sq ft Building space and 11,326 Sq ft lot size .Subject to LA rent control.

Listing Status:: Active
Date Added:: March 27, 2026
Data Last Updated:: May 20, 2026 at 7:06AM
Listing Office:: Compass : 310-437-7500
Listing Agent:: James Allan : 310-704-0007
MLS ID:: CL26668823

A/C: None
Heating: Wall Furnace

Parking: CoveredOther

County: Los Angeles

Zoning: LAR36117005009

This listing courtesy of James Allan , Compass

Monthly Payment

$Est. Payment

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

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