CA > Los Angeles
Los Angeles, CA 90003,8115 S Figueroa St
Los Angeles, CA 90003,8115 S Figueroa St
Los Angeles, CA 90003,8115 S Figueroa St
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$899,000
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7 BD
5 BA
2,248 SqFt
Active

8115 S Figueroa St Los Angeles, CA 90003

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Dallas Baker

Dallas Baker

+1(424) 243-7444

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

Parking Features Driveway

Garage Spaces 6.0

Building

Story 1

Level or Stories One

Construction Status Additions/Alter

Others

Special Listing Condition Standard

TheMLS (CLAW)
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+1(424) 243-7444

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8115 S Figueroa St