5304 Figueroa, Los Angeles, CA 90037

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
5304 Figueroa,Los Angeles, CA 90037
$1,495,000
  • 0.28 Acres
  • Lots / Land
  • Active
Listed by: deborah moussighi
Office: keller williams luxury
MLS#:SR26023639
Source:CAREIL

Price summary

  • Price:$1,495,000

About this home

RTI SHOVEL-READY DEVELOPMENT | 32 UNITS | TOC TIER 1 5304–5318 S Figueroa St, Los Angeles, CA Rare opportunity to acquire a fully entitled, RTI (Ready-To-Issue), shovel-ready development site for a 32-unit, 3-story wood-frame multifamily project located along the S Figueroa corridor in Los Angeles. The project is approved for 100% affordable housing and is positioned to allow a buyer to commence construction immediately, eliminating entitlement risk and lengthy approval timelines. The site benefits from Transit Oriented Communities (TOC) Tier 1 incentives and is zoned C2-1VL-CPIO, offering valuable development flexibility for affordable housing projects. The property consists of approximately 12,150 SF of land and is delivered vacant, making it ideal for developers seeking a clean, permit-ready opportunity in a high-demand urban infill location. Strategically located near major transportation routes, employment centers, and neighborhood amenities, the project is well...

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Home facts

  • Listing ID #:SR26023639
  • Added:51 day(s) ago
  • Updated:March 29, 2026 at 04:33 PM

Structure and exterior

  • Lot area:0.28 Acres

Finances and disclosures

  • Price:$1,495,000
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