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Listed by: James Allan (310) 704-0007 DRE #01180635 | Compass (310) 437-7500
$1,950,000
23 Beds
- 12 Baths
9,766sqft
12111 S Figueroa St, Los Angeles, CA 90061
$1,950,000
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Multi Family
Built in 1960
$-- HOA
10,355 sqft lot
$200/sq.ft
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 .Subjec...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1960
HOA Fees
-
Finished Area
9,766 sqft
Lot Size
10,355 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26668823
MLS Status
Active
Days on Market
64
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