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    5257 S Figueroa Street

    Los Angeles (City), CA 90037
    • $649,000
    • STATUS: Active
    • ON SITE: 6 days
    • MLS #: 21677914
    New On Site 6 Days Ago
    UPDATED: 70 min ago
    $649,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,800
      SQFT
    • $83
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1909
    County:

    School Ratings & Info

    Description

    20 bedroom | 20 bathroom fourplex opportunity on the Figueroa Corridor south of DTLA and USC. We are proud to exclusively present this property complete w| Ready To Issue (RTI) plans for two freestanding, 3-story duplexes with a total square footage of 7,800 square feet, making this the perfect opportunity for an investor|developer to begin construction immediately. Each duplex contains 5B|5b per unit (10B|10b per duplex) in this red-hot area. Major childcare center and parking complexes going up next door. Construct these units to capture a huge upside in this most competitive of markets. The 6,510 sf R3 LAC2-zoned, TOC Tier 1 lot is strategically located south of DTLA with easy access to USC, freeways, and public transit. Build two, three story duplexes on this lot and make it the envy of the area! The existing structure is vacant and will be delivered as-is at Close of Escrow. No RSO and No Need to Ellis!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-19T12:27:36.273. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.

    www.desertareahomesforsale.com/homes/113194475
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    5257 S Figueroa Street Los Angeles (City), CA 90037

    • Price: $649,000
    • Status: Active
    • Updated: 70 min ago
    • MLS #: 21677914
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    7,800
    SQFT
    $83
    $/SQFT
    1909
    Built
    Neighborhood:
    C42 - Downtown L.A.
    County:
    Los Angeles
    Area:
    C42 - Downtown L.A.
    Property Description
    20 bedroom | 20 bathroom fourplex opportunity on the Figueroa Corridor south of DTLA and USC. We are proud to exclusively present this property complete w| Ready To Issue (RTI) plans for two freestanding, 3-story duplexes with a total square footage of 7,800 square feet, making this the perfect opportunity for an investor|developer to begin construction immediately. Each duplex contains 5B|5b per unit (10B|10b per duplex) in this red-hot area. Major childcare center and parking complexes going up next door. Construct these units to capture a huge upside in this most competitive of markets. The 6,510 sf R3 LAC2-zoned, TOC Tier 1 lot is strategically located south of DTLA with easy access to USC, freeways, and public transit. Build two, three story duplexes on this lot and make it the envy of the area! The existing structure is vacant and will be delivered as-is at Close of Escrow. No RSO and No Need to Ellis!
    Exterior Features

    Direction Faces East Lot Size Units Square Feet View City Lights View YN Yes

    Interior Features

    Cooling None Cooling YN No Heating None Heating YN No Levels Three Or More

    Property Features

    Country Us Gross Income 216000.00 Gross Multiplier 0.00 Gross Operating Income 0.00 Land Lease YN No Net Operating Income 0.00 Rent Control YN No Senior Community YN No Special Listing Conditions Standard Total Expenses 0.00 Vacancy Allowance Rate 100.00 Zoning Lac2

    Listing provided courtesy of Carlos Castillo of The Agency


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-19T12:27:36.273. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.

     
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