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12111 Figueroa Street, Los Angeles, CA 90061
Priced at Only: $1,995,000
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Address: 12111 Figueroa Street, Los Angeles, CA 90061
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  • MLS#: 26668823 ( )
  • Street Address: 12111 Figueroa Street
  • Viewed: 4
  • Price: $1,995,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1960
  • Bldg sqft: 0
  • Days On Market: 22
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90061
  • Provided by: Compass
  • Contact: James James
  • California Regional MLS IDX
  • DMCA Notice
  • 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 .Subject to LA rent control. Email for OM.
Features
Appliances
  1. Microwave
  2. Dishwasher
Building Area Total
  1. 9766.00
Cooling
  1. None
Country
  1. US
Gardner Expense
  1. 3670.00
Heating
  1. Wall Furnace
Insurance Expense
  1. 6831.00
Levels
  1. Two
Netoperatingincome
  1. 102002.00
Newtaxesexpense
  1. 24938.00
Otherexpense
  1. 14101.00
Parcel Number
  1. 6117005009
Parking Features
  1. Covered
  2. Community Structure
  3. Auto Driveway Gate
Professionalmanagementexpense
  1. 4800.00
Sourcesystemkey
  1. 26668823:CLAW
Totalexpenses
  1. 63683.50
Trash Expense
  1. 6336.00
Year Built
  1. 1960
Zoning
  1. LAR3
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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