4122 Figueroa St - Storefront Retail/Residential FOR SALE


Los Angeles, CA 90031- Mount Washington
$1,000,000 USD
818-939-4058
4122 Figueroa St, Los Angeles, CA for Sale
$1,000,000 USD
Storefront Retail/Residential - FOR SALE
1/13
null | Request Cap Rate

4122 Figueroa St
Los Angeles, CA 90031
Mount Washington


HIGHLIGHTS

  • RECEIVERSHIP SALE SUBJECT TO COURT CONFIRMATION AND POTENTIAL OVERBID
  • Mixed-use retail/residential property totaling approximately 2,800 Sq Ft on a 7,002 SF C2-zoned lot
  • Flexible configuration allowing for owner-user occupancy, lease-up, or repositioning
  • High visibility along Figueroa Street with traffic counts exceeding 21,000 vehicles per day
  • Development potential supported by C2 zoning with Tier 3 TOC incentives and MIIP eligibility
  • Strong surrounding demographics with dense population; over 266,000 people within 3 miles

OVERVIEW

The CREM Group is pleased to present 4122 N Figueroa Street, a mixed-use property totaling approximately 2,800 square feet situated on a 7,002 square foot C2-zoned lot along a highly visible commercial corridor in the Highland Park neighborhood of Los Angeles. The property is improved with approximately 1,900 square feet of commercial space configured into two primary units of roughly 800 square feet each, along with two additional storage units, and a separate ~1,000 square foot 3-bedroom, 1-bath residential structure located at the rear of the lot. The site benefits from direct frontage on Figueroa Street with traffic counts exceeding 21,000 vehicles per day and strong surrounding population density of over 880,000 residents within a five-mile radius. The property is currently in receivership and presents a unique opportunity for a buyer to reposition the asset through lease-up, renovation, or redevelopment. SALE IS SUBJECT TO COURT CONFIRMATION AND POSSIBLE OVERBID. SELLER CANNOT MAKE ANY REPRESENATIONS AS TO THE CONDITION OR HISTORY OF THE SUBJECT PROPERTY.

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$358 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,987 SF

ZONING

LAC2

APN/PARCEL ID

5467-002-002

ASK ABOUT THIS PROPERTY

Andrew LeffThe CREM GroupMore Info
818-939-4058

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Andrew LeffThe CREM GroupMore Info
818-939-4058

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.