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$4,999,999

  • For Sale
  • Active
  • Multi-Family
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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. .

Full Property Details for 4240 Figueroa St

General

  • Price: $4,999,999
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: SR25241053
  • Updated: 10/21/2025
  • Days on Market: 93 days
  • Added to Site: 93 day(s) ago

Interior

  • Rooms/Areas: Kitchen, Primary Bedroom
  • Fireplace(s): None
  • Appliances: Free-Standing Range

Rooms

Other Rooms

  • Laundry: Common Area

Additional Information

  • Pool Description: None
  • Spa Description: None

Exterior

  • Exterior Features: Rain Gutters

Parking

  • Garage Spaces: 18
  • Parking Features: Carport
  • Parking: Carport

Location

  • Area: C37 - Metropolitan South
  • County: Los Angeles
  • Development Name: C37 - Metropolitan South
  • Driving Directions: Figueroa Street Downtown near BMO Stadium between South Hoover and Broadway by #110

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Wall Furnace

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Gas Meters: 18
  • # Electric Meters: 18

Structural Information

  • Architectural Style: Traditional
  • Foundation: Seismic Tie-Down, Slab
  • Roof: Shingle
  • Windows: Screens
  • Entry Location: FRONT
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 12,447
  • Year Built: 1964

Unit Information

Unit 1

  • Number of Units: 18
  • Total Bathrooms: 1
  • Bedrooms: 1

Additional Structures

  • Other Structures: Storage

Lot Features

  • Property View: None
  • Lot Size (Acres): 0.3447
  • Lot Size (Sq. Ft.): 15,016
  • Lot Size Source: Seller
  • Lot Dimensions: 15016
  • Zoning: LAC2
  • Lot Description: 0-1 Unit/Acre

Financial Considerations

  • Price Per Sq. Ft.: $401.7
  • Price Per Unit: 277778

Listed by Federal Financial, Brian Tanenbaum

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Listing agent

— 4240 Figueroa St —

  • Brian Tanenbaum

    Federal Financial

310-980-2261

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 4240 Figueroa St

School District:Los Angeles Unified School District
NameGradesDistance
Marguerite Poindexter Lamotte Elementary
4410 Orchard Avenue, Los Angeles, CA 90037
K-50.4 mi
Dr. James Edward Jones Primary Center
1017 West 47th Street, Los Angeles, CA 90037
PK-20.7 mi
John Muir Middle School, Los Angeles, CA
5929 South Vermont Avenue, Los Angeles, CA 90044
6-81.5 mi
Manual Arts Senior High School
4131 South Vermont Avenue, Los Angeles, CA 90037
9-120.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4240 Figueroa St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/16/2025
Listed
$4,999,999
127.27%
MLS
4/14/2015
Sold
$2,200,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 4240 Figueroa St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$33,866
1%
$2,644,061
2%
2024
$33,374
2%
$2,592,218
2%
2023
$32,761
3876%
$2,541,391
2%
2022
$824
-97%
$2,491,561
2%
2021
$30,927
-1%
$2,442,708
1%
2020
$31,173
4%
$2,417,662
2%
2019
$29,992
1%
$2,370,258
2%
2018
$29,684
2%
$2,323,783
2%
2017
$29,025
3%
$2,278,220
2%
2016
$28,279
106%
$2,233,550
120%
2015
$13,751
-1%
$1,014,362
2%
2014
$13,921
—
$994,494
—
2013
$13,916
—
$990,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 4240 Figueroa St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Federal Financial, Brian Tanenbaum

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4240 Figueroa Street, Los Angeles, CA 90037 (MLS# SR25241053) is a Multi-Family property with 18 units containing 0 bedrooms and 0 full bathrooms. 4240 Figueroa Street is currently listed for $4,999,999 and was received on October 16, 2025. Want to learn more about 4240 Figueroa Street? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

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