12111 S Figueroa St

James Allan Properties 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, newer Landscaping, Stucco and several units completely remodeled. Extra storage/previous rental unit with potential to convert to ADU. Secured ample parking. Currently operated at 4.4 cap with upside pro forma of 11 cap rate at market rents. 9766 sq ft Building space and 11,326 Sq ft lot size .Subject to LA rent control. Email for OM.

23
beds

12
baths

9,766 Sq.Ft. LIVING AREA

10,355 Sq.Ft. lot

Features & Amenities

Interior

total bedrooms23
Total bathrooms12
APPLIANCES Dishwasher, Microwave

Area & Lot

Status For Sale
Living Area9,766 Sq.Ft.
Lot Area10,355 Sq.Ft.
MLS® ID25493983
TypeMulti-Family
YEAR BUILT1960

Exterior

STORIES2
parkingCommunity Garage, Covered Parking, Auto Driveway Gate
HEAT TYPEWall
AIR CONDITIONINGNone

Financial

Sales Price$1,895,000
Zoning LAR3

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Experience the difference of working with a top real estate agent in Santa Monica. James Allan’s extensive knowledge, innovative marketing strategies, and strong negotiation skills have made him a leader in the luxury real estate market.

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12111 S Figueroa St

$1,895,000

James Allan

Features & Amenities

Interior

Area & Lot

Exterior

Financial

Schedule a Showing

Schedule a Showing

Mortgage Calculator

Work With James

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Contact Details

James Allan | CA DRE# 01180635

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