Contact Xavier Gomez
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12021 Figueroa, Los Angeles, CA 90061
Priced at Only: $1,389,000
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Address: 12021 Figueroa, Los Angeles, CA 90061
Property Location and Similar Properties
- MLS#: CV26040584 ( Apartment )
- Street Address: 12021 Figueroa
- Viewed: 4
- Price: $1,389,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1954
- Bldg sqft: 0
- Days On Market: 52
- Additional Information
- County: LOS ANGELES
- City: Los Angeles
- Zipcode: 90061
- Provided by: THE REAL ESTATE LINK
- Contact: Bruce Bruce

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DescriptionExceptional investment opportunity in the heart of Los Angeles! This well positioned 8 unit apartment complex at 12021 S Figueroa Street, Los Angeles, CA 90061 offers a prime location with outstanding accessibility and strong income potential. Zoning LAR3 for developers with possible increased density programs. Currently the property features a desirable unit mix of two spacious 2 bedroom, 1 bath units and six 1 bedroom, 1 bath units, appealing to a broad tenant base. The efficient layout and low maintenance design make this an ideal asset for both seasoned investors and those looking to expand their portfolio. Situated just off bustling Figueroa Street, the property provides immediate access to public transportation, including nearby Metro lines, and is conveniently located near the 110 and 105 freeways offering seamless connectivity throughout Los Angeles. Tenants enjoy easy commuting options and proximity to major employment hubs, retail, dining, and neighborhood amenities. With stable rental demand in this high access corridor and significant upside potential in future rents and overall income growth, this asset presents a compelling value add opportunity. Whether youre seeking steady cash flow, long term appreciation, or both, this centrally located, income producing property checks all the boxes. Dont miss the chance to acquire a strategically located multi unit property in one of Los Angeles high demand rental corridors.
Features
Assessments
- Unknown
Building Area Total
- 4576.00
Commoninterest
- Community Apartment
Common Walls
- No Common Walls
Country
- US
Days On Market
- 47
Current Financing
- None
Garage Spaces
- 7.00
Insurance Expense
- 2665.00
Laundry Features
- Inside
- Washer Hookup
Lot Features
- Lot 10000-19999 Sqft
- Yard
Netoperatingincome
- 129032.00
Parcel Number
- 6117003010
Parking Features
- Garage Faces Rear
Pool Features
- None
Professionalmanagementexpense
- 2000.00
Property Type
- Apartment
Sewer
- Public Sewer
Sourcesystemid
- CRM
Sourcesystemkey
- 457247381:CRM
Spa Features
- None
Totalexpenses
- 16185.00
Trash Expense
- 1920.00
Water Sewer Expense
- 9600.00
Water Source
- Public
Year Built
- 1954
Year Built Source
- Public Records
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Fax: 714.975.9953
- Mobile: 714.478.6676
- salesbyxavier@gmail.com












































