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About This Home
This 23-bedroom, 12-bathroom residential multi family at 12111 S Figueroa St in Los Angeles, CA is listed for $1,995,000 ($204 per sqft). Built in 1960, the home offers 9,766 sqft of living space on a 0.24 acres lot.
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.
Key Features
- Built in 1960
- 0.24 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$10,670/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
12111 S Figueroa St
Los Angeles, CA 90061
Property Details
Parking
Questions & Answers
This 23-bedroom, 12-bathroom residential multi family at 12111 S Figueroa St is listed at $1,995,000 ($204/sqft). The estimated monthly payment is $8,645 based on 20% down at 6.5% interest.
Key features include: Built in 1960, 0.24 acre lot, 2 stories.
This property is listed by James Allan and can be reached at 3107040007 or james.allan@compass.com.