9230 S Figueroa
Los Angeles, CA 90003
8
Bed
5
Bath
3,792Sqft
5,550Sqft(Lot)
PRICED UNDER $1M — RARE SOUTH L.A. VALUE-ADD WITH NEAR-TERM UPSIDE. 9230 S Figueroa is a 1957-built fourplex on a 5,548 SF LARD2 lot, offered at $999,000 ($249,750/unit). A fifth unit (ADU, 1BD/1BA) is UNDER CONSTRUCTION and in its FINAL INSPECTION PHASE — projected to add ~$1,900/mo upon certificate of occupancy, converting the asset to a legal 5-plex. Exceptional FRICTION-FREE upside: Units 4 ($2,100) and 2 ($1,800) are scheduled to vacate in July and October — voluntary turnovers with NO relocation or buyout cost — letting a buyer reset to market or owner-occupy. Long-term stability is anchored by two below-market, long-tenured RSO units (one reliable Section 8 placement). Added value-add levers: utility bill-back (RUBS) to recover owner-paid utilities, plus predictable RSO/CPI rent gro
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Water/Sewer
Water Source: Public Sewer: Sewer Tap Paid
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Building Information
Year Built: 1957 Building Area Total: 3,792 -
Pool Features
NoneLaundry Features
None
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1274 -
Lot Size Source: Assessor Lot Size Square Feet: 5550
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Listing Price Information
Original List Price: 999,000 Listing Contract Date: 2026-06-24 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 6039004006
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Other Property Info
Source Listing Status: Active Source Neighborhood: C36 - Metropolitan Southwest Directions: From 110 Exit 92nd St. Head West on 92nd St Turn Left on South Figueroa St. Property is on Right between W 92nd St and W Colden Ave. Source Property Type: Residential Income Area: C36 - Metropolitan Southwest Property SubType: Quadruplex -
Building and Construction
Property Age: 69 Common Walls: 1 Common Wall Structure Type: Quadruplex Year Built Source: Assessor Entry Level: 1 Entry Location: 1 Property Attached: Yes Levels or Stories: Two Building Total Stories: 2
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 424 E 61st, Los Angeles, CA, 90003 | $825,000 | 4 | 2.5 | 1,740 | 1,740 SqFt |
| 339 E 65th, Los Angeles, CA, 90003 | $694,000 | 4 | 2 | 1,452 | 1,452 SqFt |
| 138 E 60th Street, Los Angeles, CA, 90003 | $889,000 | 6 | 2 | 1,375 | 1,375 SqFt |
| 8315 Avalon, Los Angeles, CA, 90003 | $1,199,997 | 8 | 6 | 3,580 | 3,580 SqFt |
| 7607 S San Pedro, Los Angeles, CA, 90003 | $840,000 | 4 | 3 | 2,522 | 2,522 SqFt |
| 130 E 67th, Los Angeles, CA, 90003 | $1,150,000 | 10 | 6 | 3,586 | 3,586 SqFt |
| 136 W 61st Street, Los Angeles, CA, 90003 | $1,279,000 | 10 | 6 | 3,550 | 3,550 SqFt |
| 329 E 82nd, Los Angeles, CA, 90003 | $1,050,000 | 8 | 4 | 2,824 | 2,824 SqFt |
| 352 E 84th Place, Los Angeles, CA, 90003 | $799,000 | 4 | 3 | 1,984 | 1,984 SqFt |
| 126 W 66th, Los Angeles, CA, 90003 | $1,199,997 | 8 | 4 | 2,790 | 2,790 SqFt |
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Nearby For Sale
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ByOwner last updated this listing 07/09/2026 @ 12:51
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