FOR SALE
4240 Figueroa Street
Los Angeles, CA 90037
15,016 Lot Sq Ft
Built 1964
$2,750,000
Price ReducedWas $3,999,000 — $2,750,000 (-$1,249,000)
Property Overview
Situated minutes from the USC campus and downtown LA. This 18 unit apartment asset has tremendous potential to increase rents and profitability. The property is well maintained in an area with high rental demand. Most units have been upgraded. There is ample parking and extensive upgrades to the infrastructure. Inspection subject to an accepted offer. Email listing agents for full financials. No seller financing. do not disturb tenants. Six tenants are section 8. .
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Home Details
- Property type
- Residential Income - Apartment
- Year built
- 1964
- Lot size
- 15,016 sq ft
- Parking
- 36 spaces
- Garage
- 18 spaces
- Carport
- 7 spaces
- Stories
- 2
- Days on market
- 48
- MLS status
- Active
- Architectural style
- Traditional
- Zoning
- LAC2
Features & Amenities
Appliances
- Free Standing Range
Parking
- Carport
Pool
- None
Lot
- Zero To One Unit Acre
Exterior
- Rain Gutters
Security
- Resident Manager
Community, Schools & Utilities
Community
- View
- None
Utilities
- Heating
- WallFurnace
- Cooling
- None
- Electric
- ElectricityOnProperty
- Water
- Public
- Sewer
- PublicSewer
Location & Neighborhood
Frequently Asked Questions About 4240 Figueroa Street
Property type: Residential Income
The current asking price is $2,750,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 4240 Figueroa Street. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1964. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.
The MLS currently reports the property as Active. It has been listed for 48 days. Status can change, so verify availability before relying on it.
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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