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4108 Figueroa St 2,749 SF 100% Leased Retail Building Los Angeles, CA 90031 $1,415,730 CAD ($515.00 CAD/SF)
Investment Highlights
- Rare "contractors yard" located in the Cypress Park neighborhood of Los Angeles adjacent to Montecito Heights and Mt. Washington
- Offering consists of a 1,240 square foot office style building in the front with three large garages in the rear that total about 1,600 square feet
- Will be delivered vacant - Great opportunity for an owner user style buyer that can qualify for attractive SBA financing
- Property sits on a large 7,000 square foot lot
- C2 Zoning- By right 17 units can be built, utilizing the Tier 3 TOC density bonus, 28 units can be built (buyer to verify)
Executive Summary
Young Lewin Advisors, as the exclusive listing agent, is pleased to present 4108 N. Figueroa St. — a rare contractor's yard opportunity in the heart of Cypress Park, adjacent to Highland Park, Montecito Heights, and Mt. Washington in one of Northeast LA's most rapidly improving corridors.
The property sits on a large 7,000 SF lot and consists of a 1,240 SF office-style building in the front with three oversized garages in the rear totaling approximately 1,600 SF. Zoned C2 with a General Commercial land use designation, the site allows 17 units by right and up to 28 units utilizing the Tier 3 TOC density bonus (buyer to verify).
Delivered vacant at close of escrow, 4108 N. Figueroa offers a unique opportunity for an owner-user type buyer to occupy the existing improvements, while preserving significant long-term upside through future multifamily or mixed-use development.
The property sits on a large 7,000 SF lot and consists of a 1,240 SF office-style building in the front with three oversized garages in the rear totaling approximately 1,600 SF. Zoned C2 with a General Commercial land use designation, the site allows 17 units by right and up to 28 units utilizing the Tier 3 TOC density bonus (buyer to verify).
Delivered vacant at close of escrow, 4108 N. Figueroa offers a unique opportunity for an owner-user type buyer to occupy the existing improvements, while preserving significant long-term upside through future multifamily or mixed-use development.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
2,749 SF
Building Class
B
Year Built
1970
Price
$1,415,730 CAD
Price Per SF
$515.00 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.39
Lot Size
0.16 AC
Zoning
LAC2
Parking
6 Spaces (2.18 Spaces per 1,000 SF Leased)
Frontage
69’ on Figueroa St
Amenities
- Bus Line
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 5467-002-017 | Improvements Assessment | $304,827 CAD |
| Land Assessment | $273,794 CAD | Total Assessment | $578,620 CAD |
Property Taxes
Parcel Number
5467-002-017
Land Assessment
$273,794 CAD
Improvements Assessment
$304,827 CAD
Total Assessment
$578,620 CAD
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4108 Figueroa St
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