About This Home

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.

Getting Around

Somewhat Walkable

Good Transit

Bikeable

Schools

3/10

West Athens Elementary SchoolGrades K-50.7 mi

6/10

Animo Charter Middle No. 3Grades 6-81.5 mi

3/10

Alain Leroy Locke College Prep AcademyGrades 9-121.2 mi

Construction

Condition

Year built: 1960

Type & Style

Home type: MultiFamily
Property subType: Multi Family

Interior

Appliances

Appliances included: Dishwasher,Microwave

Bedrooms & Bathrooms

Bedrooms: 23
Bathrooms: 12

Heating & Cooling

Heating features: Wall
Cooling features: None

Interior Area

Total structure area: 9,766
Total interior livable area: 9,766 sqft

Property

Details

Parcel number: 6117005009
Zoning: LAR3
Special condition: Standard

Features

Levels: Two
Stories: 2

Lot

Lot size: 10,354 sqft

Parking

Parking features: Community Structure,Covered,Auto Driveway Gate
Has garage: Yes
Has uncovered spaces: Yes

12111 S Figueroa St, Los Angeles, CA, 90061