4701 S Figueroa Street, Los Angeles, CA 90037
4701 S Figueroa Street, Los Angeles, CA 90037
4701 S Figueroa Street, Los Angeles, CA 90037
12
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$795,000
Est. payment /mo
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8 Beds
2,911 SqFt
New

4701 S Figueroa Street Los Angeles, CA 90037

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Mike & Jules Guzzardo Team With Jenny Biczkow

Mike & Jules Guzzardo Team With Jenny Biczkow

+1(925) 864-5757

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Key Details

Property Type Single Family Home

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 2,911 sqft

Price per Sqft $273

MLS Listing ID CL26873937

Bedrooms 8

HOA Y/N No

Year Built 1919

Lot Size 10,759 Sqft

Acres 0.25

Property Sub-Type OTHER

Property Description

We are proud to present 4701 & 4709 S Figueroa St (MUST BE SOLD TOGETHER, with a combined price of $1.995M), an 11-unit multifamily community, offered at an 8.15GRM and an 8.29% cap rate on current rents. Offered with an attractive, in-place high yield on a fully occupied property, this opportunity consists of an adjacent 3-unit and 8-unit property with two separate parcels, allowing for multiple exit strategies for the next owner, including but not limited to, acquiring both properties together, selling the 3-unit separately for a premium and further reducing your cost basis on the 8-unit property and continuing to drive returns. Collectively, the 11 units offer a total of 7,375 rentable square feet with a unit mix of (2)3BD+1BA, (1)2BD+2BA,(2)2BD+1BA and (6)1BD+1BA units which sit on a combined 16,218 square foot LAC2 zoned double corner lot with a total of 13 uncovered onsite parking spaces which can continue to serve as parking and/or for future ADU(s). The 3-unit consists of two separate, single-story structures built in 1919totaling 2,911 rentable square feet with the (2)3BD+1BA and (1)2BD+2BA units where as the 8-unit property consists of a single, two-story structure built in 1926 with 4,464 rentable square feet with the (2)2BD+1BA and (6)1BD+1BA units. As a long-term development site, by utilizing TOC, one can potentially develop up to 66 units, however, there is the ability to utilize the 100% affordable ED1 development standards and achieve 80-90 units on-site. PROPERTIES MUST BE SOLD TOGETHER.

Location

State CA

County Los Angeles

Zoning LAC2

Interior

Fireplace No

Exterior

Total Parking Spaces 3

Building

New Construction No

Others

Tax ID 5018027011

Bridge MLS
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Casey Lins • Kidder Mathews of California, Inc.

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Mike & Jules Guzzardo Team With Jenny Biczkow

Mike & Jules Guzzardo Team With Jenny Biczkow

Realtor | r01066846,01955798,02086289

+1(925) 864-5757

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4701 S Figueroa Street

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