Los Angeles, CA 90061,12016 S Figueroa St
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Brandon Arlington

Brandon Arlington

+1(781) 385-0196
$799,000
Est. payment /mo
0.26 Acres Lot
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UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25567597

Lot Size 0.261 Acres

Acres 0.2179

Property Description

We are pleased to present for sale an excellent affordable housing development opportunity located in the Metropolitan Southwest neighborhood of Los Angeles, within close proximity to LAX, Sofi Stadium, Gardena, Downtown LA and much more! Current improvements include 4 residential units situated on two separate APN's: APN 6117004005 (City of LA) & APN 6117004027 (Unincorporated LA County), with the addresses 12016-12108 S Figueroa. Zoned R3-1, the combined lot size of 11,362 sqft makes this a prime candidate for a 100% fully affordable ED 1 apartment project (seller has had conversations with architect for a 70 unit fully affordable project). Take advantage of the ED 1 fully affordable program, which provides for expedited processing, higher density, and reduced setbacks through the ED1 Ministerial Approval Process. Property also comes with an alley which allows for maximized design and parking. All 4 units are currently tenant occupied and the property will be sold with tenants in place. Currently monthly income from the units is $3,200/month, collect income while going through entitlements! Buyer to verify all zoning & density regulations with LADBS, LA County, and all relevant departments. Close proximity to major transportation (105 & 110 Freeways). Do not miss this opportunity to build in a centrally located part of LA with tons of upside at an affordable price point. Seller is motivated, bring all offers!

Location

State CA

County Los Angeles

Area Metropolitan Southwest

Zoning LAR3

Exterior

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Others

Special Listing Condition Standard

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TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Keller Williams Beverly Hills

Nearby Locations

SCHOOLS PROPERTIES
Elementary Schools 20
  • 9

    156th Street Elementary

    Public | KG - 6

  • 8

    Lincoln Elementary School

    Public | PK - 5

  • 8

    Chapman Elementary

    Public | KG - 5

  • 7

    McKinley Elementary School

    Public | KG - 5

  • 7

    Laurel Street Elementary School

    Public | PK - 8

  • 6

    Watts Learning Center

    Public | KG - 5

  • 6

    122nd Street Elementary

    Public | KG - 5

  • 6

    99th Street Elementary School

    Public | PK - 6

  • 6

    Ardella B. Tibby K-8 School

    Public | KG - 8

  • 5

    La Salle Avenue School

    Public | KG - 5

  • 5

    Denker Avenue School

    Public | KG - 5

  • 5

    118th Street Elementary

    Public | KG - 5

  • 5

    Ambler Avenue Elementary School

    Public | KG - 5

  • 5

    Kipp Philosophers Academy

    Public | 5 - 8

  • 5

    Henry Wadsworth Longfellow Elementary School

    Public | PK - 8

  • 4

    Amestoy Elementary School

    Public | PK - 5

  • 4

    Figueroa Street Elementary School

    Public | KG - 5

  • 4

    Knox Elementary School

    Public | KG - 6

  • 4

    107th Street Elementary & STEAM Magnet

    Public | PK - 5

  • 4

    116th Street Elementary

    Public | KG - 5

Middle Schools 20
  • 6

    Alliance College-Ready Middle Academy No. 4

    Public | 6 - 8

  • 4

    Peary Middle School

    Public | 6 - 8

  • 4

    Vanguard Learning Center

    Public | 6 - 8

  • 4

    Alliance Jack H. Skirball Middle School

    Public | 6 - 8

  • 4

    New Designs Charter School-Watts

    Public | 6 - 12

  • 4

    Enterprise Middle School

    Public | 6 - 8

  • 3

    Environmental Charter Middle School

    Public | 6 - 8

  • 2

    Animo Charter Middle No. 2

    Public | 6 - 8

  • 2

    Drew Middle School

    Public | 7 - 8

  • 1

    Century Academy for Excellence

    Public | 6 - 8

  • 1

    Bret Harte Preparatory

    Public | 6 - 8

  • 1

    Samuel Gompers Middle School

    Public | 6 - 8

  • 1

    Watts Learning Center Charter Middle School

    Public | 6 - 8

  • 1

    Edwin Markham Middle School

    Public | 6 - 8

  • 1

    Willowbrook Middle School

    Public | 6 - 8

  • 1

    Frank L. Walton Middle School

    Public | 6 - 8

  • 0

    Animo Phillis Wheatley Charter Middle School

    Public | 6 - 8

  • 0

    Animo Western Charter Middle School

    Public | 6 - 8

  • 0

    New West Technical Academy

    Private | 6 - 12

  • 0

    Benjamin Banneker Special Education Center

    Public | 7 - 12

High Schools 20
  • 9

    King/Drew Medical Magnet High School

    Public | 9 - 12

  • 8

    Middle College High School

    Public | 9 - 12

  • 8

    Animo Pat Brown

    Public | 9 - 12

  • 7

    Alliance Judy Ivie Burton Technology Academy High School

    Public | 9 - 12

  • 6

    Alliance Health Services Academy High School

    Public | 9 - 12

  • 6

    Alliance Cindy and Bill Simon Technology Academy H

    Public | 9 - 12

  • 5

    Animo South los Angeles Charter

    Public | 9 - 12

  • 5

    Animo Watts College Preparatory Academy

    Public | 9 - 12

  • 2

    Dymally High School

    Public | 9 - 12

  • 2

    Centennial High School

    Public | 9 - 12

  • 1

    Executive Preparatory Academy of Finance

    Public | 9 - 12

  • 1

    George Washington Prep High School

    Public | 9 - 12

  • 1

    Alain Leroy Locke College Preparatory Academy

    Public | 9 - 12

  • 0

    Junipero Serra High School

    Private | 9 - 12

  • 0

    Ellington (Duke) High (Continuation)

    Public | 9 - 12

  • 0

    C. Morley Sellery Special Education Center

    Public | 9 - 12

  • 0

    Youth Opportunities Unlimited

    Public | 9 - 12

  • 0

    John Hope Continuation

    Public | 9 - 12

  • 0

    Verbum Dei High School

    Private | 9 - 12

  • 0

    Harriet Tubman High School

    Public | 9 - 12

School and business data provided by Attom Data.

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Brandon Arlington

Brandon Arlington

+1(781) 385-0196

Real Estate Professional | License ID: 01956375

Real Estate Professional License ID: 01956375

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