Courtesy of: James Allan, Compass, james.allan@compass.com
Courtesy of: James Allan, Compass, james.allan@compass.com
$1,950,000
|
23 bed
|
|
12.00 Bath (12 Full)
|
|
Lot: 0.24 Acres
|
|
Other
|
$1,950,000
12111 S Figueroa St 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.
Courtesy of: James Allan, Compass, james.allan@compass.com
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.