Multi-Family for sale in Southern California — $1,950,000. 23 beds · 12 baths · 9,766 sqft. 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. N…
$1,950,000
12111 S Figueroa Street, Los Angeles, CA 90061
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.
Listing updated: May 14, 2026 at 9:43 AM
Listed by: James Allan, Compass
Source: CRMLS, MLS#: 26668823, Originating MLS: California Regional MLS
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| Date | Event | Price |
|---|---|---|
5/12/2026 Source: CRMLS, #26668823 | Price change | $1,950,000$200/sqft-2.3% |
| 3/27/2026Source: CRMLS, #26668823 | Listed for sale | $1,995,000$204/sqft |
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