5859 S figueroa, Los Angeles, CA 90003
- $565,000
- 2
- BD
- 1
- BA
- 936
- SqFt
Listing courtesy of Listing Agent: Victor Hernandez (victorhc21@gmail.com) from Listing Office: Century 21 A Better Service.
- List Price
- $565,000
- Status
- ACTIVE
- Days on Market
- 61
- MLS#
- DW26124687
- Subtype
- Residential
- Style
- Bungalow
- Year Built
- 1914
- Bedrooms
- 2
- Bathrooms
- 1
- Full Baths
- 1
- Living Area
- 936
- Lot Size
- 5,400
- Acres
- 0.12
- MLS Area Major
- Downtown L.A. (C42)
Property Description
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 quickly—don'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!
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Additional Information
- Interior Features
- All Bedrooms Down
- Property Description
- Bungalow
- Exterior Construction
- Wood Siding
- Stories
- One Level
- Levels
- One
- Roof
- Shingle
- Pool Type
- None
- Parking Features
- Driveway
- School District
- Los Angeles Unified
- View
- None
Mortgage Calculator
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.