Active

12111 S Figueroa Street

Los Angeles, CA 90061
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Bed 23

Bed

Bath 0

Bath

SqFt9,766

Sqft

SqFt10,355

Sqft(Lot)

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.

Detail Ic Property Details

Property Type : Residential Income

Price : $1,950,000

AD Id : 76534566

MLS Id : 26668823

Beds : 23

Lot Size : 10,355 Sqft

Living Area Size : 9,766

Year Built : 1960

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total Bedrooms: 23

    Bathroom Information

    Total Baths: 12 Full Baths: 0 Half Baths: 0
  • Interior Features

    Property Appliances: Dishwasher,Microwave
  • Cooling Features

    None Air Conditioning

    Heating Source

    Wall Furnace Has Heating

  • Building Information

    Year Built: 1960 Building Area Total: 9,766

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.2377
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 10355

  • Listing Price Information

    Original List Price: 1,950,000 Listing Contract Date: 2026-03-27
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 6117005009

  • Garage and Parking

    Garage Description: Covered,Electric Gate,Community Structure

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C36 - Metropolitan Southwest Directions: W of 110 FWY, N of El Segundo Blvd Zoning: LAR3 Source Property Type: Residential Income Area: C36 - Metropolitan Southwest
  • Building and Construction

    Property Age: 66 Year Built Source: Vendor Enhanced Total Square Feet Living: 9766 Levels or Stories: Two Building Total Stories: 2
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
10970 Avalon Boulevard, Los Angeles, CA, 90061 $699,990 4 3 1,805 1,805 SqFt
451 E 111th, Los Angeles, CA, 90061 $549,777 4 3 1,800 1,800 SqFt
442 E 111th, Los Angeles, CA, 90061 $525,000 2 2 1,200 1,200 SqFt
10811 S San Pedro Street, Los Angeles, CA, 90061 $639,000 2 2 980 980 SqFt
445 E 119th Street, Los Angeles, CA, 90061 $674,900 3 2 1,200 1,200 SqFt
321 E 119th, Los Angeles, CA, 90061 $660,000 3 2 1,452 1,452 SqFt
423 E 127th Street, Los Angeles, CA, 90061 $940,000 5 -- 2,357 2,357 SqFt
204 E Imperial, Los Angeles, CA, 90061 $374,900 3 1 979 979 SqFt
11861 S San Pedro, Los Angeles, CA, 90061 $699,900 3 3 1,553 1,553 SqFt
11415 Link Street, Los Angeles, CA, 90061 $525,000 -- -- --

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ByOwner last updated this listing 06/24/2026 @ 06:42

MLS: 26668823 LISTED BY: James Allan, Compass 310-437-7500 SOURCE: CRMLS

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