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4921 S Figueroa St, Los Angeles, CA 90037
$1,300,000
4921 S Figueroa St, Los Angeles, CA 90037View this property at 4921 S Figueroa St, Los Angeles, CA 90037
4921 S Figueroa StLos AngelesCA90037
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Property Description
Attention all affordable housing developers. We are pleased to offer this 12,128 lot size cornet lot. This vacant land is located south of the Los Angeles Memorial Coliseum and LAFC soccer stadium and is not far from USC (University of Southern California). This property is in the redevelopment project area District Council 9 for the Land Use Affordability Covenant and ED1 Executive Directive for Housing with a zoning C2-1VL-CPIO with Ed 1 Eligibility and Tier 2 TOC Affordable housing incentive program. All new developments can exercise the density bonus for the Los Angeles Affordable Housing developments. This property is in the redevelopment project area District Council 9 for the Land Use Affordability Covenant and ED1 Executive Directive for Housing. In 2018, a 4800 sq ft church was demolished to make way for any new development. Contact the listing broker for additional information. * Developmental opportunity under an executive order from the Los Angeles Mayor aims to speed the approval of affordable housing.
Full Property Details
Full Property Details for 4921 S Figueroa St
General
- Sold For: $1,300,000
- Status: Closed
- Type: Lots/Land
- MLS ID: 24-344513
- Added to Site: 127 day(s) ago
Location
- Area: Downtown L.A.
- County: Los Angeles
- Driving Directions: South of Vernon Ave and West of the 110 Freeway
Utilities
- Gas: None
- Sewer: In Street
- Water: None
- Telecomm.: In Street
Lot Features
- Lot Size (Acres): 0.2785
- Lot Size: 12131
- Lot Size Source: Assessor
- Topography: Flat
- Lot Features: Corner Lot
- Potential Use: Builder developers can develop multi-family units under the Affordable Housing program.
- Zoning: LAC2
- Lot Description: 2-4 Lots
Financial Considerations
- Assessment Amount: Buyer to Verify
Disclosures and Reports
- Disclosures/Reports: None
- Surveyed: Buyer Pays
- APN: 5018-023-054
Listed by Keller Williams Beverly Hills, Joseph Fierro
Sold by Gold Realty, Shawn Raoufpour
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Schools
Schools serving 4921 S Figueroa St
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
816 W 51st St, Los Angeles, CA 90037 | K-5 | 0.3 mi | |
5929 S Vermont Ave, Los Angeles, CA 90044 | 6-8 | 1 mi | |
825 W 60th St, Los Angeles, CA 90044 | 9-12 | 0.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4921 S Figueroa St
Date
Details
Price
Change
Source
2/13/2024
Sold
$1,300,000
-18.75%
MLS
1/05/2024
Listed
$1,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4921 S Figueroa St, Los Angeles, CA 90037 (MLS# 24-344513) is a Lots/Land property that was sold at $1,300,000 on February 13, 2024. Want to learn more about 4921 S Figueroa St? Do you have questions about finding other Lots/Land real estate for sale in Downtown L.A.? You can browse all Downtown L.A. real estate or contact a Coldwell Banker agent to request more information.