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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 $1,950,000 ($200 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.
Key Features
- Built in 1960
- 0.24 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$10,429/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 $1,950,000 ($200/sqft). The estimated monthly payment is $8,450 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.