11018 S Figueroa, Los Angeles, California 90061, Los Angeles, 90061 - bed, bath
11018 S Figueroa
Los Angeles, California 90061
Property Price
SUMMARY
Analysis of 11018 S Figueroa, Los Angeles, California 90061 is currently available with a list price of $850,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1950 and marketed as a 'value-add' opportunity, this triplex is functional and fully occupied but shows clear signs of aging. While the property is maintained well enough to generate consistent rental income, the infrastructure is described as aging, and the interior finishes, kitchens, and bathrooms are dated and lack recent modern renovations.
PROSSTRENGTHS & OPPORTUNITIES
- High-Density Zoning
The R4-1 High Density Residential zoning offers exceptional long-term value, providing investors with significant redevelopment potential in a high-demand Los Angeles rental market.
- Immediate Cash Flow
The property is 100% occupied with a strong gross monthly income of approximately $6,516, including a stable Section 8 subsidized unit, ensuring reliable revenue from day one.
- Versatile Unit Mix
Featuring a rare combination of one, two, and three-bedroom units, the property caters to a diverse range of tenant needs, which helps maintain low vacancy rates.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4055, other record lot size in square feet = 1065.
- Aging Infrastructure
Built in 1950, the property may require near-term capital expenditures for system upgrades or structural maintenance typical of older multi-family assets.
- Limited Lot Size
The 4,055-square-foot lot is relatively compact for a triplex, which may restrict on-site parking availability and limit private outdoor space for the tenants.
About 11018 S Figueroa
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)
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1950
- Lot Size
- 4,055 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2,316 | 2,220 | 67% |
| Lot Size | 4,055 | 5,562 | 11% |
| Price | $850.0K | $750.0K | 67% |
| Price per sq ft | $367 | $367 | 50% |
| Built year | 1950 | 1925 | 78% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 202 | 11% |
Pricing History
Listed for Sale
Feb 24, 2026
$850,000
Initial Listing
Sold
Dec 7, 2007
$375,000
Public Record
Sold
Sep 28, 2005
$440,000
Public Record
Sold
May 15, 2002
$240,000
Public Record
Sold
Aug 20, 1998
$38,500
Public Record
Sold
Mar 27, 1998
$27,000
Public Record