12111 S Figueroa Street, Los Angeles, CA 90061

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Property Description

James Allan Properties 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, newer Landscaping, Stucco and several units completely remodeled. Extra storage/previous rental unit with potential to convert to ADU. Secured ample parking. Currently operated at 4.4 cap with upside pro forma of 11 cap rate at market rents. 9766 sq ft Building space and 11,326 Sq ft lot size .Subject to LA rent control. Email for OM.


Interior Features

Bedroom Information
Bedrooms 23
Bathroom Information
Bathrooms 12
Interior Information
Cooling Type None

Listing Information

Address 12111 S Figueroa Street
City Los Angeles
State CA
Zip 90061
County Los Angeles
Listing Agent James Allan DRE #01180635
Courtesy Of Compass
List Price $1,995,000
Status Active
Type Residential Income
Structure Size 9,766
Lot Size 10,355
Year Built 1960

Listing information courtesy of: James Allan, Compass. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 7th, 2025 at 10:41 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.