5304 S Figueroa, Los Angeles, CA 90037

Los Angeles
Local realty services provided by:ERA North Orange County Real Estate
5304 S Figueroa,Los Angeles, CA 90037
$1,495,000
  • 0.28 Acres
  • Lots / Land
  • Active
Listed by: deborah moussighi
Office: keller williams luxury
MLS#:SR26023639
Source:CRMLS

Price summary

  • Price:$1,495,000

About this home

RTI SHOVEL-READY DEVELOPMENT | 32 UNITS | TOC TIER 1 5304–5318 S Figueroa St, Los Angeles, CA Rare opportunity to acquire a fully entitled, RTI (Ready-To-Issue), shovel-ready development site for a 32-unit, 3-story wood-frame multifamily project located along the S Figueroa corridor in Los Angeles. The project is approved for 100% affordable housing and is positioned to allow a buyer to commence construction immediately, eliminating entitlement risk and lengthy approval timelines. The site benefits from Transit Oriented Communities (TOC) Tier 1 incentives and is zoned C2-1VL-CPIO, offering valuable development flexibility for affordable housing projects. The property consists of approximately 12,150 SF of land and is delivered vacant, making it ideal for developers seeking a clean, permit-ready opportunity in a high-demand urban infill location. Strategically located near major transportation routes, employment centers, and neighborhood amenities, the project is...

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Home facts

  • Listing ID #:SR26023639
  • Added:48 day(s) ago
  • Updated:March 23, 2026 at 01:18 PM

Structure and exterior

  • Lot area:0.28 Acres

Finances and disclosures

  • Price:$1,495,000
Based on information from California Regional Multiple Listing Service, Inc. as of March 23, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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