3408 N Figueroa Street, Glassell Park, California 90065, Glassell Park, 90065 - 0 bed, 0 bath
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Glassell Park, California 90065
Analysis of 3408 N Figueroa Street, Glassell Park, California 90065 is currently available with a list price of $1,500,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Glassell Park Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1896, this property shows significant signs of age and deferred maintenance. The exterior exhibits weathered surfaces and peeling paint, while the property analysis confirms the need for substantial capital improvements to aging structural, electrical, and plumbing systems. The 'value-add' description and vacant delivery further indicate the units require significant rehabilitation to reach modern living standards.
All four units will be delivered vacant at the close of escrow, providing a rare opportunity for the buyer to immediately set market-rate rents and avoid the complexities of tenant relocation.
The inclusion of an adjacent land parcel (APN 5446-020-018) offers significant upside for expansion, additional units, or ADU development to maximize the property's income potential.
Located in the trendy Glassell Park neighborhood, the property is positioned in a high-growth submarket of Northeast Los Angeles with strong rental demand and long-term appreciation prospects.
Originally constructed in 1896, the property likely requires substantial capital improvements to modernize aging electrical, plumbing, and structural systems to meet current building codes.
With a lot size of 4,926 square feet for a quadruplex, the property may face constraints regarding on-site parking and private outdoor amenities, which are highly valued by modern tenants.
Rare opportunity to own this 4 unit apartment building in Glassel Park. All units will be delivered vacant at close of escrow. Potential to add value with the adjacent land parcel number 5446-020-018 included in the sale.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,494 | 1,680 | 88% |
| Lot Size | 4,926 | 6,062 | 13% |
| Price | $1.50M | $962.6K | 88% |
| Price per sq ft | $429 | $553 | 25% |
| Built year | 1896 | 1937 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 43 | 183 | 13% |
Mar 10, 2026
$1,500,000
Initial Listing