3
See all 3 photos
$2,900,000
Est. payment /mo
140 Beds
0.45 Acres Lot
Price Dropped by $50K
16101 S Figueroa Gardena, CA 90248
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26007642
Bedrooms 140
Lot Size 0.446 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
DEVELOPERS DONT MISS THIS OPPORTUNITY! Exceptional opportunity to acquire a 19,500 SF corner lot in the City of Los Angeles with significant development potential. Preliminary concepts indicate the potential for approximately 140 units of affordable housing, subject to city approvals. The property offers a compelling basis at approximately $20,000 per potential unit, providing an attractive entry point for developers seeking a large-scale residential development opportunity. Conveniently located near freeways, schools, shopping, and everyday amenities, making this an attractive location for a residential development project. The seller may consider financing for a qualified buyer, potentially providing additional flexibility through the RTI process.
Location
State CA
County Los Angeles
Zoning Builder
Direction Corner of Alandra and Figueroa St
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 4
Level or Stories 4
Others
Senior Community No
Tax ID 6120023033
Listed by Behrouz Lavi, DRE#01482721 Keller Williams Realty-Studio City
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION
QUICK SEARCH