16101 S Figueroa Street, Gardena, CA 90248
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
16101 S Figueroa Street,Gardena, CA 90248
$3,000,000
- - Beds
- - Baths
- 36,000 sq. ft.
- Multi-family
- Active
Listed by: behrouz lavi
Office: keller williams realty-studio city
MLS#:SR25118557
Source:CRMLS
Price summary
- Price:$3,000,000
- Price per sq. ft.:$83.33
About this home
PRICE REDUCED – Exceptional Development Opportunity with RTI Plans
Introducing The Alondra Family Living Apartments — a prime development site now offered with a $310,000 price reduction and Ready-To-Issue (RTI) permits in hand. Approved and stamped by the City of Los Angeles, this fully entitled project allows for the construction of 36 spacious residential units, each thoughtfully designed as three-bedroom, two-bathroom layouts with in-unit washer and dryer.
Situated on a high-visibility 20,363 SF corner lot, this shovel-ready opportunity boasts strong curb appeal and an optimal footprint. The approved plans call for approximately 36,000 square feet of living space across multi-level two- and four-story buildings, with each unit exceeding 1,000 square feet—a rare offering in today's market.
With the increasing demand for large, family-oriented apartment units in Los Angeles, this project is uniquely positioned to deliver high-value, high-demand inventory. There is no comparable development currently available that combines such generous floor plans, strategic location, and ready-to-build status.
Don’t miss this opportunity to bring a standout project to market in one of LA’s most competitive rental landscapes.
Contact an agent
Home facts
- Year built:2025
- Listing ID #:SR25118557
- Added:187 day(s) ago
- Updated:December 02, 2025 at 11:46 AM
Rooms and interior
- Living area:36,000 sq. ft.
Structure and exterior
- Year built:2025
- Building area:36,000 sq. ft.
- Lot area:0.45 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$3,000,000
- Price per sq. ft.:$83.33
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