12021 S Figueroa, Los Angeles, CA 90061

  • $1,389,000
12021 S Figueroa
ResidentialIncome Active
12021 S Figueroa, Los Angeles, CA 90061
12021 S Figueroa
  • $1,389,000

Overview

Property ID: HZCV26040584
  • Apartment
  • Property Type
  • 7
  • Garages
  • 1954
  • Year Built

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 located multi-unit property in one of Los Angeles’ high-demand rental corridors.

  • Address Figueroa
  • City Los Angeles
  • State/county Los Angeles
  • Zip/Postal Code 90061

Details

Updated on February 25, 2026 at 5:07 am
  • Property ID: HZCV26040584
  • Price: $1,389,000
  • Garages: 7
  • Year Built: 1954
  • Property Type: Apartment
  • Property Status: ResidentialIncome
  • Listed by: Bruce Jung
  • DRE #: 01280563
  • Contact Phone: 9097315445
  • Contact Mail: BRUCEJUNG@ADELPHIA.NET
  • Brokered by: THE REAL ESTATE LINK

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