4122 N Figueroa ST, Los Angeles, CA 90065
4122 N Figueroa ST, Los Angeles, CA 90065
4122 N Figueroa ST, Los Angeles, CA 90065
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,000,000
Est. payment /mo
7,000 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 26842853

HOA Y/N No

Year Built 1920

Lot Size 7,000 Sqft

Property Sub-Type Mixed Use

Property Description

4122 N Figueroa Street, a mixed-use property totaling approximately 2,800 square feet situated on a 7,002 square foot C2-zoned lot along a highly visible commercial corridor in the Highland Park neighborhood of Los Angeles. The property is improved with approximately 1,900 square feet of commercial space configured into two primary units of roughly 800 square feet each, along with two additional storage units, and a separate ~1,000 square foot 3-bedroom, 1-bath residential structure located at the rear of the lot. The site benefits from direct frontage on Figueroa Street with traffic counts exceeding 21,000 vehicles per day and strong surrounding population density of over 880,000 residents within a five-mile radius. The property is currently in receivership and presents a unique opportunity for a buyer to reposition the asset through lease-up, renovation, or redevelopment. Flexible configuration allowing for owner-user occupancy, lease-up, or repositioning. Development potential supported by C2 zoning with Tier 3 TOC incentives and MIIP eligibility. Mixed-use retail/residential property totaling approximately 2,800 Sq Ft on a 7,002 SF C2-zoned lot. High visibility along Figueroa Street with traffic counts exceeding 21,000 vehicles per day. Strong surrounding demographics with dense population; over 266,000 people within 3 miles.

Location

State CA

County Los Angeles

Area 677 - Lincoln Hts

Zoning LAC2

Interior

Fireplace No

Exterior

Community Features Gated

Others

Tax ID 5467002002

Security Features Gated Community

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Standard

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Listed by Mark Cianciulli The CREM Group #01990266

NEARBY SCHOOL & BUSINESS

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