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Executive Summary

The offering presents a rare opportunity to acquire a large, transit oriented infill development site located at the intersection of Pasadena Avenue and North Figueroa Street in the Los Angeles (Mount Washington corridor). The site comprises three contiguous parcels totaling approximately 37,575 SF, with potential expansion to approximately 47,208 SF (subject to merger and subdivision). The property is positioned within walking distance of Heritage Square / Arroyo Station, qualifying for Tier-3 Transit-Oriented Community (TOC) incentives and enhanced density benefits.
Brokers make no representations or warranties as to the accuracy of the information provided; all materials are for informational purposes only, and prospective buyers must conduct their own independent investigations and due diligence regarding all aspects of the property.

Property Facts

Price $8,254,920 CAD
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Retail
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Loft or Creative Space
  • Restaurant
Total Lot Size 0.86 AC
No. Stories 1
Cross Streets Pasadena Ave.
Zoning [T][Q]RAS3-1VL Tier 3 - Residential/Accessory R3 uses, Limited ground floor commercial

1 Lot Available

Lot 3

Price $8,254,920 CAD
Price Per AC $9,570,034.37 CAD
Lot Size 0.86 AC

Three parcels that must be sold together.

Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 5451-005-001
  • 5451-005-017
  • 5451-005-016
Land Assessment
$5,457,751 CAD
Improvements Assessment
$937,325 CAD
Total Assessment
$6,395,076 CAD
  • Listing ID: 39876750

  • Date on Market: 2026-03-23

  • Last Updated:

  • Address: 3832 Figueroa, Los Angeles, CA 90065

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