5859 S Figueroa

Los Angeles, CA 90003

About this property

Prime Development & Remodel Opportunity in Los Angeles! Discover an exceptional single-family residence on an approximately 5,400 sq ft lot, perfectly positioned for redevelopment in the highly desirable LAC2 (C2 Commercial) zoning district. This property offers tremendous potential for investors, developers, and visionary homeowners seeking to capitalize on the flexible zoning that supports a wide range of residential and commercial uses. Currently in need of significant upgrades and modernization, this home is ideal for a full remodel or ground-up redevelopment. It will not qualify for FHA financing, making it a perfect fit for cash buyers and experienced developers ready to act. The motivated sellers are eager to move quicklydon't miss this chance to transform this diamond in the rough into a high-value asset! Key Features & Highlights: Zoning: LAC2 - Excellent potential for multi-unit residential development, mixed-use, or commercial opportunities Lot Size: Approx. 5,400 square feet - Spacious canvas for expansion or new construction Ready: Immediate possession; perfect for your custom vision Location: Convenient access to Los Angeles amenities, transit, and vibrant neighborhoods Whether you're looking to remodel into a stunning single-family home, develop multi-family units, or explore commercial possibilities, this property delivers outstanding potential in a strong market. Cash offers and developer inquiries are strongly encouraged. Contact us today for more details and to schedule a private showing!

About this property

Prime Development & Remodel Opportunity in Los Angeles! Discover an exceptional single-family residence on an approximately 5,400 sq ft lot, perfectly positioned for redevelopment in the highly desirable LAC2 (C2 Commercial) zoning district. This property offers tremendous potential for investors, developers, and visionary homeowners seeking to capitalize on the flexible zoning that supports a wide range of residential and commercial uses. Currently in need of significant upgrades and modernization, this home is ideal for a full remodel or ground-up redevelopment. It will not qualify for FHA financing, making it a perfect fit for cash buyers and experienced developers ready to act. The motivated sellers are eager to move quicklydon't miss this chance to transform this diamond in the rough into a high-value asset! Key Features & Highlights: Zoning: LAC2 - Excellent potential for multi-unit residential development, mixed-use, or commercial opportunities Lot Size: Approx. 5,400 square feet - Spacious canvas for expansion or new construction Ready: Immediate possession; perfect for your custom vision Location: Convenient access to Los Angeles amenities, transit, and vibrant neighborhoods Whether you're looking to remodel into a stunning single-family home, develop multi-family units, or explore commercial possibilities, this property delivers outstanding potential in a strong market. Cash offers and developer inquiries are strongly encouraged. Contact us today for more details and to schedule a private showing!

Features and Additional Information

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$565,000 Pending
2 Bed(s)
1
Bath
936 sqft

Presented By Desert Lifestyle Properties

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Get in touch today! Phone: 1-760-818-7518
Brokerage
Century 21 A Better Service
1-562-806-1000
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Area Information

C42 Downtown L.A. | Los Angeles County |

$ 565,000
This listing is play_arrow 18.6% lower than the average in the area
$ 694,000 in the area
936 SqFt
This listing is play_arrow 35.5% smaller than the average in the area
1,452 SqFt in the area
$ 604 $/SqFt
This listing is play_arrow 26.3% more than the average in the area
$ 478 $/SqFt in the area
77 days on site
This listing is play_arrow 36.9% below the average in the area
122 days on site in the area

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Listed By Victor Hernandez
Brokerage: Century 21 A Better Service

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