4701 S Figueroa Street, Los Angeles, CA 90037
Local realty services provided by:ERA Carlile Realty Group
4701 S Figueroa Street,Los Angeles, CA 90037
$795,000
- 8 Beds
- 5 Baths
- 2,911 sq. ft.
- Multi-family
- Active
Listed by: casey lins, vincent cook
Office: kidder mathews of california, inc.858-369-3010
MLS#:26873937
Source:CRMLS
Price summary
- Price:$795,000
- Price per sq. ft.:$273.1
About this home
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....
Contact an agent
Home facts
- Year built:1919
- Listing ID #:26873937
- Added:46 day(s) ago
- Updated:October 04, 2026 at 10:38 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:5
- Living area:2,911 sq. ft.
Structure and exterior
- Year built:1919
- Building area:2,911 sq. ft.
- Lot area:0.25 Acres
- Levels:1 Story
Finances and disclosures
- Price:$795,000
- Price per sq. ft.:$273.1
Parking
- Total parking spaces:3
- Parking description:Driveway, Garage, Tandem
- Garage:Yes
New listings near 4701 S Figueroa Street
- Coming Soon
$1,045,000Coming Soon4 beds 2 baths1,880 sq. ft.6646 Berquist, West Hills, CA 91307
MLS# SR26215766Listed by: PINNACLE ESTATE PROPERTIES, INC. - Coming Soon
$575,000Coming Soon2 beds 1 baths758 sq. ft.11465 Amboy Ave., San Fernando, CA 91340
MLS# SR26215773Listed by: KELLER WILLIAMS WORLD MEDIA CENTER - Coming Soon
$5,220,000Coming Soon15 beds 15 baths6,202 sq. ft.837 Waterloo Street, Los Angeles, CA 90026
MLS# 26995835Listed by: COMPASS - Coming Soon
$1,875,000Coming Soon3 beds 3 baths1,803 sq. ft.406 Brooks Avenue, Venice, CA 90291
MLS# SR26212149Listed by: RODEO REALTY - Coming Soon
$750,000Coming Soon4 beds 2 baths1,207 sq. ft.8850 Amboy, Sun Valley, CA 91352
MLS# BB26215754Listed by: BERKSHIRE HATHAWAY HOMESERVICES CREST REAL ESTATE - Coming Soon
$949,000Coming Soon2 beds 1 baths962 sq. ft.4528 College View, Los Angeles, CA 90041
MLS# CV26215780Listed by: NEST REALTY COVINA - Coming Soon
$1,450,000Coming Soon-- beds -- baths1,877 sq. ft.1927 Delta, Los Angeles, CA 90026
MLS# PF26215468Listed by: LPT REALTY - Coming Soon
$2,380,000Coming Soon5 beds 6 baths4,214 sq. ft.12035 Ricasoli, Porter Ranch, CA 91326
MLS# SR26215580Listed by: COMPASS - Coming Soon
$585,000Coming Soon2 beds 1 baths818 sq. ft.5437 Village Green, Los Angeles, CA 90016
MLS# 26995065Listed by: COMPASS - Coming Soon
$2,795,000Coming Soon4 beds 3 baths2,491 sq. ft.3617 Cody Road, Sherman Oaks, CA 91403
MLS# 26996389Listed by: COMPASS