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4701 S Figueroa Street

Los Angeles, CA 90037
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Bed 8

Bed

Bath 5

Bath

SqFt2,911

Sqft

SqFt10,759

Sqft(Lot)

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 c ombined 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.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $795,000

AD Id : 89674152

MLS Id : 26873937

Beds : 8

Lot Size : 10,759 Sq. Ft

Living Area Size : 2,911 Sq. Ft

Year Built : 1919

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 8

    Bathroom Information

    Total Baths: 5

  • Building Information

    Year Built: 1919
    Building Area Total: 2911
    Stories: 1
    Private Pool: No

  • Lot Information

    Main Square Feet: 10759 Lot Size Acres: 0.247 Lot Size Source: Assessor Lot Size Square Feet: 10,759

  • Listing Price Information

    Listing Price: $795000

  • Tax Information

    Parcel Number: 5018027011

  • Parking Information

    Parking Total: 3 Driveway, Garage, Tandem

    Garage Information

    Has Garage: Yes

  • Location Information

    Direction: Google Maps: 4701 S Figueroa St Los Angeles CA 90037
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
158 W Martin Luther Kin.., Los Angeles, CA, 90037 $998,000 11 5 -- 6,001 Sq. Ft
4309 S Main Street, Los Angeles, CA, 90037 $2,750,000 2 20 9,408 6,759 Sq. Ft
4501 S Main St, Los Angeles, CA, 90037 $1,099,999 6 6 -- 7,807 Sq. Ft
136 W 43rd Place, Los Angeles, CA, 90037 $699,800 3 2 1,080 5,400 Sq. Ft
160 W 48th, Los Angeles, CA, 90037 $689,900 3 3 1,152 4,752 Sq. Ft
208 W 49th Street, Los Angeles, CA, 90037 $799,000 7 4 2,198 5,446 Sq. Ft
336 W 45th Street, Los Angeles, CA, 90037 $649,900 5 3 1,728 5,408 Sq. Ft
4207 S Flower Street, Los Angeles, CA, 90037 $999,900 4 4 3,672 6,006 Sq. Ft
4260 S Figueroa Street, Los Angeles, CA, 90037 $1,100,000 4 4 4,516 7,510 Sq. Ft
602 W 40th Place, Los Angeles, CA, 90037 $1,600,000 10 5 3,692 6,752 Sq. Ft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 10/12/2026 @ 03:17

MLS: 26873937 LISTED BY: Casey Lins, Kidder Mathews of California, Inc. 858-369-3010 SOURCE: CRMLS

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