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Gated Apartment Building
New
For Sale
$1,800,000

12620 S Figueroa St, Los Angeles, CA 90061

Twelve-unit apartment property with assigned parking, separate utility meters, and a mix of occupied and renovated residences.

Property Size7,156 SF
Days on Market2

Property Features for 12620 S Figueroa St

General Information

Standard status Active
Size 7,156 SF
Total Parking Spaces 12
Property subtype Investment

Units

Unit Mix 11 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 12
Parking per Unit 1

Additional Details

Utilities to Site Yes

Amenities

gated entrance
gated parking

Building Details

Building Size 7,156 SF
Year Built 1957
Stories 2
Units 12
Listed By: William Jackson · License #01319845
Source: Elliman
Added: Sep 11 Last Checked: Sep 12 at 8:32AM

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 William Jackson

Investment Insights

Based on property information with market context.

This 12-unit apartment building contains 23 bedrooms and 12 bathrooms, with eleven 2-bedroom/1-bath units and one 1-bedroom/1-bath unit. Eight residences are tenant-occupied, while four are vacant, including three renovated 2-bedroom/1-bath units and one 1-bedroom/1-bath unit undergoing renovation. Each apartment has one assigned on-site parking space.

Property improvements include a newly paved and striped parking lot, a gated front entrance, and gated alley-access parking. Individual electric and gas meters serve the units, with tenants responsible for those utilities. Built in 1957, the property is located at 12620 S Figueroa St in Los Angeles, California. WalkScore is 63, BikeScore is 51, and TransitScore is 43.

Key Highlights

  • 12 units with 23 bedrooms and 12 bathrooms
  • Unit mix includes eleven 2BR/1BA apartments and one 1BR/1BA apartment
  • Eight units are occupied; four are vacant, including three renovated units

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Spa & Massage Center Hair Salon

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
Utilities to site

Location Intelligence

Trade Area within ½ mile

809
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Twelve-unit apartment property with assigned parking, separate utility meters, and a mix of occupied and renovated residences.
Where is this apartment building located?
The property is located at 12620 S Figueroa St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 12 units with 23 bedrooms and 12 bathrooms; Unit mix includes eleven 2BR/1BA apartments and one 1BR/1BA apartment; Eight units are occupied; four are vacant, including three renovated units
More about this property
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