4709 S Figueroa Street, Los Angeles, CA 90037
4709 S Figueroa Street, Los Angeles, CA 90037
4709 S Figueroa Street, Los Angeles, CA 90037
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$1,995,000
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7,375 SqFt
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4709 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 Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 7,375 sqft

Price per Sqft $270

MLS Listing ID CL26873835

HOA Y/N No

Year Built 1926

Lot Size 0.372 Acres

Acres 0.3723

Property Sub-Type Other

Property Description

We are proud to present 4701 & 4709 S Figueroa St (MUST BE SOLD TOGETHER, $1.995M asking price), an 11-unit multifamily community, offered at an 8.15 GRM 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 1919 totaling 2,911 retable square feet with the (2)3BD+1BA and (1)2BD+2BA units whereas 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, but 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 WITH A COMBINED ASKING PRICE OF $1.995M.

Location

State CA

County Los Angeles

Zoning LAC2

Interior

Fireplace No

Building

New Construction No

Others

Tax ID 5018027012

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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4709 S Figueroa Street

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