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$1,389,000
12021 S Figueroa, Los Angeles, CA 90061
10Beds
8Baths
5Days Listed
Listed by Bruce Jung, THE REAL ESTATE LINK | 909-731-5445
About This Property
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 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.
Property Details
- Property Type
- Res Income 2-4 Units
- Bedrooms
- 10
- Bathrooms
- 8
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 0
- Status
- Active
- Original Price
- $1,389,000
Location & Neighborhood
What's nearby 12021 S Figueroa, Los Angeles, CA 90061
Parks & Recreation
- Athens Park0.4 mi
park
Transit Access
- Figueroa/120th St.5 yrd
Bus Stop
- Figueroa/Harbor Freeway0.3 mi
Bus Stop
- Harbor Freeway0.4 mi
Train Station
- Figueroa/El Segundo0.4 mi
Bus Stop
- El Segundo/Figueroa0.5 mi
Bus Stop
Local Amenities
Dining
- Three Bears Barbeque0.1 mi
Grocery
- Ralphs0.5 mi
POI data updated 2/26/2026
Last updated: Feb 25, 2026
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
$1,389,000