Stacey Alysson Melman

12111 S Figueroa ST Los Angeles CA 90061 MLS #26668823

12111 S Figueroa ST
Los Angeles, CA, 90061
$1,995,000
23 Beds
12 Baths
9,766 SqFt
0.24 Acres
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MLS #26668823 image #0
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.
AGENT: James Allan
LISTING BROKERAGE: Compass
12111 S Figueroa ST
Los Angeles, CA

Property Details

Price:
$1,995,000
MLS #:
26668823
Status:
Active
Beds:
23
Baths:
12
Type:
Single Family
Neighborhood:
c36metropolitansouthwest
Listed Date:
Apr 4, 2026
Finished Sq Ft:
9,766
Total Sq Ft:
9,766
Lot Size:
10,355 sqft / 0.24 acres (approx)
Year Built:
1960
C36 – Metropolitan SouthwestC36metropolitansouthwest
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Schools

Interior

Appliances
DW, MW
Cooling
NO
Heating
WL
Levels
U

Exterior

Financial

Gross Operating Income
$165,748
Net Operating Income
$102,002

Map

Community

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