16101 S Figueroa Street, Gardena, CA 90248

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Glen Henderson

[email protected] +1(619) 889-7646

$3,000,000

Est. payment - /mo

3 Beds

0.45 Acres Lot

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25118557

Bedrooms 3

Lot Size 0.446 Acres

Property Sub-Type Res Income 2-4 Units

Type of Financing Cash

Property Type Res Income 2-4 Units

Property Description

PRICE REDUCED Exceptional Development Opportunity with RTI Plans Introducing The Alondra Family Living Apartments a prime development site now offered with a $310,000 price reduction and Ready-To-Issue (RTI) permits in hand. Approved and stamped by the City of Los Angeles, this fully entitled project allows for the construction of 36 spacious residential units, each thoughtfully designed as three-bedroom, two-bathroom layouts with in-unit washer and dryer. Situated on a high-visibility 20,363 SF corner lot, this shovel-ready opportunity boasts strong curb appeal and an optimal footprint. The approved plans call for approximately 36,000 square feet of living space across multi-level two- and four-story buildings, with each unit exceeding 1,000 square feeta rare offering in today's market. With the increasing demand for large, family-oriented apartment units in Los Angeles, this project is uniquely positioned to deliver high-value, high-demand inventory. There is no comparable development currently available that combines such generous floor plans, strategic location, and ready-to-build status. Dont miss this opportunity to bring a standout project to market in one of LAs most competitive rental landscapes.

Location

State CA

County Los Angeles

Zoning Assessor

Direction corner of 161st and Figueroa St

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 3

Level or Stories 3

Others

Senior Community No

Tax ID 6120023033

Acceptable Financing Cash

Listing Terms Cash

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Listed by Behrouz Lavi Keller Williams Realty-Studio City

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

16101 S Figueroa Street Gardena, CA 90248

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

Get More Information