Mid Los Angeles (C16) Homes with Mixed Use Subtype

Mid Los Angeles (C16) Homes with Mixed Use Subtype

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Newest Mid Los Angeles (C16) Homes with Mixed Use Subtype

$3,000,000
SW26130384 MLS Active Status
Introducing 4760 and 4766 S. Figueroa Street, a unique two assessor parcel number assemblage located in the Vermont Square neighborhood of Los Angeles (within close proximity to USC). Offered together for sale, these three contiguous lots present a rare opportunity for investors, developers, medical operators, and visionary entrepreneurs seeking a strategic location with exceptional redevelopment potential. The centerpiece of the offering, 4760 S. Figueroa Street, features a 2,850 square foot commercial building that was originally operated as a motel before being legally converted and renovated into a medical office complex. The ancillary building on the corner lot measures 340 square feet. Most recently, the property served as a multi-physician clinic under the name Western Health Care, demonstrating its adaptability for healthcare and professional office use. Zoned for multi-family/commercial hybrid use, the existing structure provides immediate utility while the two adjoining parcels create a substantial development opportunity. Together, the three lots form a prominent corner-lot assemblage offering approximately 23,309 square feet of land. Whether your vision includes student housing, a medical campus, mixed-use development, workforce housing, professional offices, retail, or another value-add commercial project, this property provides the flexibility and location to bring those plans to life. Property Highlights: 1. Three contiguous lots sold together 2. Prominent corner-lot location 3. Existing 2,850 SF medical office building plus a 340 square foot ancillary building on the corner lot that is serving the auto storage 4. Formerly operated as Western Health Care clinic 5. Multi-family/commercial hybrid zoning 6. Significant redevelopment and value-add potential 7. Located near major transportation corridors, educational institutions, and employment centers 8. Ideal for medical, residential, mixed-use, student housing, or commercial development 9. Prior approved entitlement building plans (expired). This is an opportunity to acquire a versatile property with an existing income-producing structure and substantial upside through redevelopment. Bring your vision and unlock the full potential of this highly visible Los Angeles corner site. Contact us today for additional information, parcel details, and development possibilities. Note: Total land area to be verified based on all three lot sizes.

4760 S Figueroa, Los Angeles

$2,550,000
PW26109831 MLS Active Status
7-UNIT MULTIFAMILY ASSET FULLY LEASED! | MID-CITY| 5.79% CAP RATE FULLY RENOVATED + NEW CONSTRUCTION ADUS We are pleased to present this exceptional 7-unit multifamily investment opportunity, thoughtfully repositioned with a complete renovation and the addition of two newly constructed ADU units. The property is 100% leased at market rents, offering investors immediate, stabilized cash flow at an attractive 5.79% cap rate. Located in the heart of Mid-City, between Picfair Village and the thriving Culver Arts District, the property benefits from proximity to major employment and lifestyle hubs including Culver City Art’s District, Ivy Station, and the Culver Steps—home to industry leaders such as Amazon Studios, Sony Pictures, HBO, and Beats Electronics. This dynamic growth corridor continues to attract high-income tenants, driving strong rental demand and consistent rent growth. The unit mix includes a fully renovated single-family style residence, four extensively upgraded 1-bedroom/1-bath units, and a brand-new duplex ADUs—creating a highly desirable blend of housing options that appeal to a wide tenant base. All units feature modern finishes, updated systems, and efficient layouts designed to maximize rental income and minimize ongoing maintenance. This is a rare opportunity to acquire a turnkey, low-maintenance asset in one of Los Angeles’ most rapidly evolving and high-demand rental submarkets. The property features drought tolerant landscaping, parking, as well as energy efficient building materials, appliances and fixtures presenting the buyer with a low maintenance, environmentally friendly property.

2223 Clyde Avenue, Los Angeles

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.