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Listed by James Allan CA DRE# 01180635 with Compass 310-704-0007

For Sale

12111 S Figueroa Street

12111 S Figueroa Street, Los Angeles, CA 90061

$1,950,000

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.

23
beds

12
baths

9,766 Sq.Ft. LIVING AREA

10,355 Sq.Ft. lot

James Allan

title REALTOR®
PHONE (310) 704-0007
EMAIL [email protected]
DRE # DRE 01180635

Features & Amenities

Interior

total bedrooms23
Total bathrooms12
APPLIANCES Dishwasher, Microwave

Area & Lot

Status For Sale
Living Area9,766 Sq.Ft.
Total Area9,766 Sq.Ft.
Lot Area10,355 Sq.Ft.
MLS® ID26668823
TypeResidential
YEAR BUILT1960

Exterior

STORIES2
parkingCovered, Electric Gate, Community Structure
HEAT TYPEWall Furnace
AIR CONDITIONINGNone

Financial

Sales Price$1,950,000
Zoning LAR3

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12111 S Figueroa Street

$1,950,000

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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