16101 S Figueroa ST Active

Gardena,CA 90248

$ 3190000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSR25118557

Year Built 2025

Lot Size 0.446 Acres

Source California Regional MLS

Property Description

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.

Location

State CA

County Los Angeles

Area 119 - Central Gardena

Interior

Laundry 30,38

Exterior

Garage Spaces 54.0

Pool None

Building

Water District - Public

Others

Tax ID 6120023033

Special Listing Condition Not Applicable

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