12111 S Figueroa Street, Los Angeles, CA — listing photo 1
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FOR SALE

12111 S Figueroa Street

Los Angeles, CA 90061
23 Beds
12 Baths
9,766 Sq Ft
Built 1960
$1,950,000
Price ReducedWas $1,995,000 — $1,950,000 (-$45,000)

Property Overview

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.

Home Details

Property type
Residential Income
Year built
1960
Living area
9,766 sq ft
Lot size
10,355 sq ft
Days on market
48
MLS status
Active

Location & Neighborhood

12111 S Figueroa Street

Los Angeles, CA 90061

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Frequently Asked Questions About 12111 S Figueroa Street

Property type: Residential Income

The current asking price is $1,950,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 12111 S Figueroa Street. Our team will confirm availability and timing.
This 23 bedrooms and 12 bathrooms property offers approximately 9,766 square feet of living space. It was built in 1960. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.
The MLS currently reports the property as Active. It has been listed for 48 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Listing Agent

Name: James Allan
MLS ID: CLW-X77874

Available property

$1,950,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.