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.
Property Details
Price:
$1,389,000
MLS #:
CV26040584
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
c34losangelessouthwest
Listed Date:
Feb 25, 2026
Total Sq Ft:
4,576
Lot Size:
12,283 sqft / 0.28 acres (approx)
Year Built:
1954
See this Listing
Schools
Interior
Laundry Features
IN, WH
Exterior
Community Features
SDW
Parking Spots
7
Financial
Map
Community
- Address12021 S Figueroa Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90061
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Mar 03, 2026
7,168
Single Family Listed
82
Avg DOM
506
Avg $ / SqFt
$1,494,389
Avg List Price
Property Summary
- 12021 S Figueroa Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90061. It is listed for $1,389,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1954. The average price per square foot for Single Family listings in Los Angeles is $506. The average listing price for Single Family in Los Angeles is $1,494,389.
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