6919 S Figueroa
Los Angeles, CA 90003
$900,000
- 0.22 acres
- Built 1941
Listed by Global Capital Advisors, Inc. · MLS #GD26040096
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6919 S Figueroa, Los Angeles, CA 90003 · MLS #GD26040096
A FEW THINGS TO NOTICE
What stands out.
Year built
Built in 1941.
Property size
0.22 acres listed.
Highlights from the listing description and property details. Confirm features with the listing agent.
THE PROPERTY
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Unlock the potential of this rare redevelopment opportunity in Los Angeles—a good affordable housing development play. This LAC-zoned property consists of two adjoining parcels totaling 9,597 SF, currently improved with a former motel featuring two single-story buildings, approximately 3,038 SF of existing structure, and 12 on-site parking spaces.
The property presents a blank canvas for investors, developers, and visionaries seeking to reposition or redevelop in a high-demand market. With flexible LAC zoning and substantial lot size, the site offers significant upside potential for a variety of future uses (buyer to verify).
The City of Los Angeles has issued an Order to Vacate and Secure, and land use privileges for motel operations have been revoked pending required clearances and permits from the LA Department of City Planning and LADBS.
This is an opportunity to acquire a value-add asset priced for redevelopment — ideal for those ready to reimagine and revitalize.
Buyer to conduct their own due diligence regarding zoning, permits, and redevelopment potential.
THE NEIGHBORHOOD
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6919 S Figueroa, Los Angeles, CA 90003
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THE DETAILS
The details, all in one place.
- Property type
- CommercialSale
- Category
- Commercial
- Year built
- 1941
- Utilities
- WaterConnected
- Parcel
- 6013022027
Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.
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$175,000
$130,000
$175,000Listing information
MLS #GD26040096 · California Regional MLS
Listing brokerage: Global Capital Advisors, Inc.
Listing agent: Gary Mkrtichyan
Listing status: Active. Record updated . Confirm current availability and price with the listing agent.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.