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.
AGENT: James Allan LISTING BROKERAGE: Compass
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 The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE 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 2026. California Regional Multiple Listing Service. All rights reserved. 12111 S Figueroa ST
Los Angeles, CA
Property Details
Price:
$1,950,000
MLS #:
26668823
Status:
Active
Beds:
23
Baths:
12
Type:
Single Family
Neighborhood:
c36metropolitansouthwest
Listed Date:
Mar 27, 2026
Finished Sq Ft:
9,766
Total Sq Ft:
9,766
Lot Size:
10,355 sqft / 0.24 acres (approx)
Year Built:
1960
See this Listing
Schools
Interior
Appliances
DW, MW
Cooling
NO
Heating
WL
Levels
U
Exterior
Financial
Map
Community
- Address12111 S Figueroa ST Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90061
