Listing provided courtesy of James Allan of Compass. Last updated 2026-04-06 08:11:34.000000. Listing information © 2026 CRMLS.
Asking Price: $1,995,000
12111 Figueroa, Los Angeles CA 90061
Community: C36 - Metropolitan Southwest
Status: Active
This property was built in 1960 and is priced at $1,995,000. Please see the additional details below.
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.
