Los Angeles Multifamily Investment
12111 S Figueroa St, Los Angeles, CA 90061
MULTI_FAMILY - Los Angeles, CA
Property size:
9,766 SFLot size:
0.24 AcresPrice / SF:
$199/SF- Added:
- Mar 27, 2026
- Days on Market:
- 48
- Last Refresh:
- May 13 at 10:06 pm
Property Features for 12111 S Figueroa St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- LAR3
- Bedrooms
- 23
- Bathrooms
- 12
- Rooms
- Bedroom 21, Bathroom 1, Bathroom 5, Bedroom 23, Bedroom 1, Bedroom 15, Bedroom 17, Bedroom 22, Bedroom 10, Bathroom 6, Bedroom 16, Bathroom 11, Bathroom 4, Bedroom 9, Bedroom 18, Bedroom 2, Bathroom 10, Bedroom 8, Bedroom 4, Bedroom 20, Bedroom 19, Bedroom 13, Bedroom 11, Bedroom 5, Bathroom 3, Bedroom 7, Bathroom 9, Bathroom 8, Bedroom 3, Bathroom 2, Bathroom 12, Bedroom 14, Bedroom 12, Bedroom 6, Bathroom 7
- Parking features
- Garage, Covered, Driveway
- Standard status
- Active
- APN
- 6117-005-009
- Size
- 9,766 SF
- Lot size
- 0.24 Acres
Building Details
- Year built
- 1960
- Floors in Building
- 2
- Number of units
- 12
Listing agent James Allan License #01180635 (310) 704-0007
Listing office Compass 2113-2115 Main St., Los Angeles, CA (310) 437-7500
Listing date Mar 27, 2026
MLS# 26668823
Listing URL
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- High upside potential with a pro forma 12% cap rate at market rents and $306,000 gross income.
- 12‑unit building consisting of 11: 2BD/1BA units and 1: 1BD/1BA unit.
- Over $250,000 in recent improvements, including a newer roof, updated plumbing and sewer line, new landscaping and stucco, and several remodeled units.
- Extra storage/previous rental unit with potential to convert to ADU.
- Secured and ample parking with garage, driveway, and covered parking features.
- Close proximity to the 110 and 105 Freeways.
Overview
This 12-unit multifamily property is located in Los Angeles, California, in close proximity to the 110 and 105 Freeways. The building consists of eleven 2-bedroom, 1-bathroom units and one 1-bedroom, 1-bathroom unit. The property has been excellently maintained and offers great upside potential. Several units have been completely remodeled. The property features a newer roof, updated plumbing and sewer line, new landscaping, and stucco. There is extra storage space, previously used as a rental unit, with the potential to convert it into an ADU. Secured, ample parking is available. The property is currently operated at a 5.1 cap rate, with a pro forma of a 12 cap rate at market rents. Over $250,000 in improvements have been made to the property. The proforma potential gross income is $306,000, with a 12.16 CAP and a GRM of 6.6. The building has 9766 square feet of space and sits on a lot of 11,326 square feet (0.2377 acres). The property is subject to LA rent control and is zoned LAR3.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.283082
- Latitude
- 33.922187
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 12-unit building near 110 and 105 Freeways with upside.
Where is this apartment building located?
The property is located at 12111 S Figueroa St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: High upside potential with a pro forma 12% cap rate at market rents and $306,000 gross income.; 12‑unit building consisting of 11: 2BD/1BA units and 1: 1BD/1BA unit.; Over $250,000 in recent improvements, including a newer roof, updated plumbing and sewer line, new landscaping and stucco, and several remodeled units.
