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12-Unit Multifamily Building
For Sale
$1,950,000

12111 S Figueroa St, Los Angeles, CA 90061

MULTI_FAMILY - Los Angeles, CA

Property Size9,766 SF
Lot Size0.24 Acres
Price / SF$199.67
Days on Market141

Property Features for 12111 S Figueroa St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning LAR3
Bedrooms 23
Bathrooms 12
Full bathrooms 12
Rooms Bedroom 10, Bedroom 21, Bathroom 8, Bedroom 5, Bedroom 14, Bedroom 11, Bedroom 9, Bedroom 23, Bedroom 6, Bathroom 4, Bedroom 13, Bedroom 16, Bedroom 8, Bedroom 3, Bathroom 5, Bedroom 4, Bedroom 1, Bathroom 3, Bedroom 15, Bathroom 11, Bathroom 2, Bathroom 6, Bathroom 7, Bedroom 7, Bedroom 19, Bathroom 12, Bathroom 9, Bedroom 12, Bedroom 17, Bedroom 2, Bedroom 18, Bathroom 10, Bathroom 1, Bedroom 22, Bedroom 20
Parking features Covered, Driveway, Garage
Directions W of 110 FWY, N of El Segundo Blvd
Subdivision Metropolitan Southwest
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 Agency: Compass
Listed By: James Allan · License #01180635
Added: Mar 27 Changed: Aug 2 Last Checked: Aug 14 at 11:06AM
MLS# 26668823

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.

Investment Insights

Based on property information with market context.

This 12-unit multifamily building was built in 1960 and is currently configured with eleven 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. The property has been maintained with updates including a newer roof, updated plumbing and a sewer line, new landscaping, and stucco. Several units have been completely remodeled, and there is extra storage/what was previously a rental unit with potential to convert to an ADU. Secured, ample parking is provided.

The building is located near the 110 Fwy and 105 Fwy. The property is subject to LA rent control. The lot size is 0.2377 acres, and the building size is 9,766 square feet.

Operational performance is noted at a 5.1 cap rate with upside mentioned to a 12 cap rate at market rents, with a referenced GRM of 6.6 and pro forma gross income potential of $306,000.

Key Highlights

  • 11 two‑bedroom, one‑bath units plus 1 one‑bedroom, one‑bath unit in a 12‑unit building
  • Newer roof with updated plumbing and sewer line, plus new landscaping and stucco
  • Several units completely remodeled; extra storage/previous rental unit with potential to convert to an ADU

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.

Lease Details

12
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,009
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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - 12-unit building in LAR3 zoning near the 110 and 105 freeways, with secured parking and multiple remodeled units.
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: 11 two‑bedroom, one‑bath units plus 1 one‑bedroom, one‑bath unit in a 12‑unit building; Newer roof with updated plumbing and sewer line, plus new landscaping and stucco; Several units completely remodeled; extra storage/previous rental unit with potential to convert to an ADU
More about this property
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