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$1,995,000
2 Days On Site

12111 S Figueroa Street
Los Angeles, CA 90061

For Sale|Residential Income|Active
23
Beds
12
Total Baths
9,766
SqFt
$204
/SqFt
1960
Built
County:
Los Angeles
Listed by James Allan of Compass [email protected]

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

12111 S Figueroa Street12111 S Figueroa Street12111 S Figueroa Street12111 S Figueroa Street
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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.

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Listing Snapshot
Price 
$1,995,000
Days On Site 
2 Days
Bedrooms 
23
Inside Area (SqFt) 
9,766 sqft
Total Baths 
12
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2377 Acres
Year Built 
1960
MLS® Number 
26668823
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
2 days agoListing first seen on site
General Features
Acres 
0.2377
Levels 
Two
Number Of Stories 
2
Parking 
CoveredElectric GateCommunity Structure
Special Circumstances 
Standard
SqFt Total 
9766
Zoning 
LAR3
Interior Features
Appliances 
DishwasherMicrowave
Heating 
Wall Furnace
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Community Features
MLS Area 
C36 - Metropolitan Southwest


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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