Homes for sale - 8115 S Figueroa St, Los Angeles, CA 90003

Los Angeles, CA 90003,8115 S Figueroa St

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Sharlotte Blake

sharlotteblake@me.com +1(323) 219-1101

$899,000

Est. payment - /mo

7 Beds

5 Baths

2,248 SqFt

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UPDATED:

09/11/2024 05:34 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,248 sqft

Price per Sqft $399

MLS Listing ID 24-404581

Bedrooms 7

Construction Status Additions/Alter

Year Built 1950

Lot Size 6,501 Sqft

Acres 0.1492

Property Description

Fantastic development opportunity. Eligible for new CHIP ordinance that can allow additional 50% density increase and significant parking reductions (See Docs). ED1 Eligible. Continue to rent out the property or develop this 6501 Sq Ft lot. Zoned LAC2 , this TOC Tier 1. With a FAR of 2.75 the total buildable area can be 17,877 sq. ft. Buyer to Verify with city planning for accuracy of all information. Property consists of one building with 6 separate units. Units 2,3,4,5 and 6 are studios. Unit 1 is a 2 bedroom / 1 bath and it was modified to a 3 bedroom / 1 bath without permits which is now rented on Airbnb 30day+ . The other 5 units are rented out on a month to month basis.

Location

State CA

County Los Angeles

Area Metropolitan Southwest

Zoning LAC2

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment Range/Oven, Refrigerator

Exterior

Garage Driveway

Garage Spaces 6.0

Building

Story 1

Level or Stories One

Construction Status Additions/Alter

Others

Special Listing Condition Standard

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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.

Listed by RE/MAX ESTATE PROPERTIES

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Sharlotte Blake

+1(323) 219-1101

Broker Associate | License ID: 02035876

Broker Associate License ID: 02035876

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Los Angeles, CA

8115 S Figueroa St Los Angeles, CA 90003

Sharlotte Blake

Sharlotte Blake

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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8115 S Figueroa St