Property Detail

11018 Figueroa

Los Angeles CA 90061

$850,000

Status: Active

Property Details

Description

Income-Producing Triplex | R4-1 Zoned | High-Density Value-Add Opportunity Don’t miss this rare opportunity to acquire a fully occupied multi-family triplex in Los Angeles with R4-1 High Density Residential zoning—ideal for investors seeking stable cash flow today with strong upside potential tomorrow. Located in a high-demand rental pocket of South Los Angeles, this property offers an excellent unit mix, long-term tenancy, and future redevelopment flexibility under one of LA’s most desirable high-density zoning designations. Property Highlights Triplex (3 units) 100% Occupied – Immediate Rental Income R4-1 High Density Residential Zoning Strong rental demand location Excellent investor hold or value-add potential Unit Mix & Rent Roll Unit A – 1 Bed / 1 Bath Status: Occupied Rent: $1,900/month Lease: Month-to-Month Unit B – 2 Bed / 1 Bath Status: Occupied Rent: $1,700/month Lease: 11/01/2025 – 10/31/2026 Unit C – 3 Bed / 1.5 Bath Status: Occupied Rent: $116/month plus Section 8 of $2800 Lease: Month-to-Month (since 09/01/2021)

Map Location

Stowell & Associates

Stowell & Associates

CA DRE# 01397481
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