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12111 S Figueroa Street, Los Angeles, CA 90061

$1,950,000 Approx. USD 23 beds, 12 baths
9,766 sqft

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Marketed By

Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

James Allan | james.allan@compass.com
Lic#: 01180635
Broker: Courtesy of Compass
Phone: 310-704-0007

Agent Remarks

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.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 26668823

List price is $1,950,000 Reduced by $45,000 on 5/12/2026

Price: $1,950,000

Beds: 23

Baths: 12

Built in 1960

9,766 sqft

2 stories

0.24 acres

Lot size: 0.2377

County: Los Angeles

Zoning: LAR3

Appliances: Dishwasher,Microwave

Parking description: Covered,Electric Gate,Community Structure

Heating/cooling: None

Heating description: Wall Furnace

MLS area: C36 - Metropolitan Southwest

Last Updated: 5/14/2026

Days On Market (DOM): 57

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This listing belongs to the C36 - Metropolitan Southwest MLS area

Lat/Long: 33.922187, -118.283082.
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