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.
Property Details
Price:
$1,995,000
MLS #:
25493983
Status:
Active
Baths:
0
Address:
12111 S Figueroa Street
Type:
Residential Income
Neighborhood:
c36metropolitansouthwest
City:
Los Angeles
Listed Date:
Feb 5, 2025
State:
CA
ZIP:
90061
Lot Size:
10,355 sqft / 0.24 acres (approx)
Year Built:
1960
See this Listing
Mortgage Calculator
Schools
Interior
Appliances
Dishwasher, Microwave
Cooling
None
Heating
Wall Furnace
Exterior
Parking Features
Community Structure, Covered, Auto Driveway Gate
Parking Spots
0.00
Stories Total
2
Financial
Map
Community
- Address12111 S Figueroa Street Los Angeles CA
- AreaC36 – Metropolitan Southwest
- CityLos Angeles
- CountyLos Angeles
- Zip Code90061
Similar Listings Nearby
- 9324 Firth Boulevard
Los Angeles, CA$2,570,000
2.88 miles away
- 818 Myrtle Avenue
Inglewood, CA$2,550,000
4.32 miles away
- 811 W 97th Street
Los Angeles, CA$2,495,000
1.84 miles away
- 16000 S Vermont Avenue
Gardena, CA$2,449,000
2.54 miles away
- 5889 Brentwood Street
Los Angeles, CA$2,400,000
4.50 miles away
- 1307 E Peck Street
Compton, CA$2,300,000
4.35 miles away
- 6720 West Boulevard
Los Angeles, CA$2,300,000
4.83 miles away
- 1731 E 68th Street
Los Angeles, CA$2,299,000
4.52 miles away
- 10726 Barlow Avenue
Lynwood, CA$2,295,000
4.06 miles away
- 10507 S Figueroa Street
Los Angeles, CA$2,225,000
1.26 miles away
Courtesy of Compass. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.12111 S Figueroa Street
Los Angeles, CA
LIGHTBOX-IMAGES