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$ 1,995,000
Est. payment /mo
Active
12111 S Figueroa ST Los Angeles, CA 90061
23 Beds
12 Baths
9,766 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 9,766 sqft
Price per Sqft $204
MLS Listing ID 26668823
Bedrooms 23
HOA Y/N No
Year Built 1960
Lot Size 10,354 Sqft
Property Description
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. Email for OM.
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Zoning LAR3
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Appliance Dishwasher, Microwave
Exterior
Parking Features Covered, Electric Gate, Community Structure
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 6117005009
Special Listing Condition Standard
Listed by James Allan Compass #01180635
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