Income Home for Sale in Los Angeles, California (Closed)

5257 S Figueroa Street, Los Angeles, California 90037, US

$ 649,000

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

  • Price: $ 649,000
  • MLS ID: 21677914
  • Property Type: Income Home
  • WEB ID: PR01725648
  • Property Status: Closed
  • Lot Size: 6,510sqft
  •  Income Home for Sale in Los Angeles, California

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

  • Price: $ 649,000
  • MLS ID: 21677914
  • Property Type: Income Home
  • WEB ID: PR01725648
  • Property Status: Closed
  • Lot Size: 6,510sqft
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!

Additional Features

  • None
  • Three Or More
  • City Lights
  • Listing Status: Closed
  • Listing Agent: Carlos Castillo (lic# 01254307) of Beverly Hills/Greater LA
  • Listing Office: The Agency
  • Selling Agent: Maria Arriaga (lic# 01308068)
  • Based on information from CRISNet MLS as of 7th August 2026 at 1:31am. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Areas of expertise
Bel Air Beverly Hills Malibu