12021 S Figueroa Los Angeles, CA $ 1,389,000
12021 S Figueroa
$ 1,389,000
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12021 S Figueroa

Los Angeles, CA, 90061
$ 1,389,000
Baths8.0 Sq 4,576

Monthly Estimate*

$ 8,552

Listed by THE REAL ESTATE LINK
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,389,000 with 8 full baths. This 4,576 square foot home was built in 1954 on a lot size of 0.282.

Exceptional 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. 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 you’re seeking steady cash flow, long-term appreciation, or both, this centrally located, income-producing property checks all the boxes. Don’t miss the chance to acquire a strategically located multi-unit property in one of Los Angeles’ high-demand rental corridors.

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Multi-Family Active

Price

$ 1,389,000

Bedrooms

Studio

Full Bath

8

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.282

Year Built

1954

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

CV26040584

Days on Market

2

Features
General
Sewer Public Sewer
Garage Spaces 7
Pool Features None
Year Built 1954
Property Subtype Apartment
Gross Income 0
Community Features Sidewalks
County Los Angeles
Net Operating Income 129032
Operating Expense 1348
Insurance Expense 2665
New Construction false
Property Type Residential Income
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions 110 -Figueroa St and 120th Street
City Los Angeles
Entry Location 1
Senior Community Y/N false
Number Of Units Total 8
MLS Area C34 - Los Angeles Southwest
Lot Size Units Square Feet
Lot Size Square Feet 12283
Listing Terms Cash to New Loan Conventional 1031 Exchange Fannie Mae Freddie Mac
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Current Financing None
Trash Expense 1920
Water Sewer Expense 9600
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 19
Property Sub Type Additional Apartment
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Interior
Total Stories 1
Common Walls No Common Walls
Laundry Features Washer Hookup Inside
Entry Level 1
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Exterior
Parking Features Garage Faces Rear
Lot Features Yard
Water Source Public
Total Parking 7
Lot Size Area 12283
Number of Buildings 3
Spa false
Building Area Total 4576
Lot Size Acres 0.282
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 8
Number of Separate Electric Meters 8
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* Excluded Features
List By
The Real Estate Link

Broker

BRUCEJUNG@ADELPHIA.NET

Email

Affordability Calculator

$8,552
Per Month
100%
0%
0%
Monthly Principal & Interest
$8,552
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/25/2026$1,389,000 Listed Price

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12021 S Figueroa, Los Angeles, CA, 90061 is a Multi-Family Home for sale at $1,389,000 with 4,576 sqft and a lot size of 0.282. 12021 S Figueroa is a studio with 8.0 baths and was built in 1954. The property's zip code is 90061 which is in Los Angeles, CA