$1,995,000

12111 S Figueroa Street, Los Angeles, CA 90061

9,766 sqft

other
Built in 1960
10,454sqft lot
—— car garage
$204/sqft
Listed 5 days 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. Email for OM.

Listing Status:: Active
Date Added:: March 27, 2026
Data Last Updated:: April 1, 2026 at 10:08PM
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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Location

Schools Nearby

West Athens Elementary School

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

Grades PK-5

0.64 miles away

Samuel Gompers Middle School

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

Grades 6-8

1.02 miles away

University Pathways Medical Magnet Academy

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

Grades 9-12

1.02 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.