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12111 S Figueroa Street, Los Angeles, CA 90061
12111 S Figueroa Street
Overview
Property ID: HZ26668823
- 23
- 12
- 9766
- 1960
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.
Address
Open on Google Maps- Address Figueroa
- City Los Angeles
- State/county Los Angeles
- Zip/Postal Code 90061
Details
Updated on April 4, 2026 at 10:06 am- Property ID: HZ26668823
- Price: $1,995,000
- Property Size: 9766 Sq Ft
- Bedrooms: 23
- Bathrooms: 12
- Year Built: 1960
- Property Status: ResidentialIncome
- Listed by: James Allan
- DRE #: 01180635
- Contact Mail: james.allan@compass.com
- Brokered by: Compass
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