12021 S Figueroa, Los Angeles, CA 90061
Local realty services provided by:CENTURY 21 Masters
12021 S Figueroa,Los Angeles, CA 90061
$1,589,000
- 10 Beds
- 8 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: bruce jung
Office: the real estate link
MLS#:CV26040584
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,589,000
About this home
DEVELOPERS OPPORTUNITY - Exceptional investment 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. 2 UNITS DELIVERED VACANT AT CLOSING....
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Home facts
- Listing ID #:CV26040584
- Added:88 day(s) ago
- Updated:May 24, 2026 at 02:07 PM
Rooms and interior
- Bedrooms:10
- Total bathrooms:8
Finances and disclosures
- Price:$1,589,000
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