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12-Unit Apartment Building
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12111 S Figueroa St, Los Angeles, CA 90061

Upgraded multifamily property with secured parking, remodeled residences, and access to two major freeways.

Property SizeContact for details
Days on Market142

Property Features for 12111 S Figueroa St

General Information

Standard status Active
Class B
Property subtype Multifamily
Net Operating Income $102,002

Building Details

Year Built 1960
Buildings 1
Stories 2
Units 12
Listing Agency: Compass
Listed By: James Allan · License #CA 01180635
Source: Crexi
Added: Apr 14 Changed: Sep 2 Last Checked: Sep 1 at 11:18PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass

Investment Insights

Based on property information with market context.

This 12-unit apartment property at 12111 S Figueroa St in Los Angeles includes 11 two-bedroom, one-bath residences and one one-bedroom, one-bath residence. The 9,766-square-foot building sits on an 11,326-square-foot lot and was built in 1960. Several apartments have been remodeled, while property improvements include a newer roof, updated plumbing and sewer infrastructure, refreshed landscaping, and new stucco. Secured parking and additional storage are also provided.

The property is near the 110 Fwy and 105 Fwy. An extra storage area and former rental unit may offer a path for ADU conversion. The asset is subject to LA rent control.

Key Highlights

  • 12‑unit apartment building with 11 two‑bedroom/one‑bath units and 1 one‑bedroom/one‑bath unit
  • 9,766 SF building on an 11,326 SF lot
  • Several units completely remodeled

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Hair Salon Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

722
Businesses Nearby

Demographics for 90061, CA

29,570
Population
8,300
Households
3.6
Avg Household Size
32
Median Age
12%
College-Educated
61%
High-School Grad
2.7 sq mi
ZIP Area
10,952
Density / Sq Mi
$60,114
Median Household Income
$34,963
Median Earnings
$1,498
Median Rent
$576,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Upgraded multifamily property with secured parking, remodeled residences, and access to two major freeways.
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: 12‑unit apartment building with 11 two‑bedroom/one‑bath units and 1 one‑bedroom/one‑bath unit; 9,766 SF building on an 11,326 SF lot; Several units completely remodeled
(310) 704-0007 Call to check price and availability
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