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About This Home
This 2-bedroom, 1-bathroom single family at 5859 S figueroa 5859 in Los Angeles, CA is listed for $565,000 ($604 per sqft). Built in 1914, the home offers 936 sqft of living space on a 0.12 acres lot.
Prime Development & Remodel Opportunity in Los Angeles!
Discover an exceptional single-family residence on an approximately 5,400 sq ft lot, perfectly positioned for redevelopment in the highly desirable LAC2 (C2 Commercial) zoning district. This property offers tremendous potential for investors, developers, and visionary homeowners seeking to capitalize on the flexible zoning that supports a wide range of residential and commercial uses.
Currently in need of significant upgrades and modernization, this home is ideal for a full remodel or ground-up redevelopment. It will not qualify for FHA financing, making it a perfect fit for cash buyers and experienced developers ready to act. The motivated sellers are eager to move quickly—don't miss this chance to transform this diamond in the rough into a high-value asset!
Key Features & Highlights:
Zoning: LAC2 – Excellent potential for multi-unit residential development, mixed-use, or commercial opportunities
Lot Size: Approx. 5,400 square feet – Spacious canvas for expansion or new construction
Ready: Immediate possession; perfect for your custom vision
Location: Convenient access to Los Angeles amenities, transit, and vibrant neighborhoods
Whether you're looking to remodel into a stunning single-family home, develop multi-family units, or explore commercial possibilities, this property delivers outstanding potential in a strong market. Cash offers and developer inquiries are strongly encouraged. Contact us today for more details and to schedule a private showing!
Key Features
- Built in 1914
- 0.12 acre lot
Property Details
Amenities
Monthly Cost Estimate
$3,022/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5859 S figueroa 5859
Los Angeles, CA 90003
Features & Amenities
Exterior Features
Property Details
Construction
Views
Parking
Cooling
Questions & Answers
This 2-bedroom, 1-bathroom single family at 5859 S figueroa 5859 is listed at $565,000 ($604/sqft). The estimated monthly payment is $2,448 based on 20% down at 6.5% interest.
Key features include: Built in 1914, 0.12 acre lot. Exterior Features: Fence, Community Features Included: Curbs, Biking.
This property is listed by Victor Hernandez and can be reached at 5626824075 or victorhc21@gmail.com.