3531 N Figueroa, Los Angeles, California 90065, Los Angeles, 90065 - 4 bed, 2 bath

3531 N Figueroa
Los Angeles, California 90065
Property Price
SUMMARY
Analysis of 3531 N Figueroa, Los Angeles, California 90065 reveals a Fairly Priced Property with a current list price of $799,000 aligned with the estimated $785,571 Fair Market Value. This represents a stable investment opportunity at market rate. 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 Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3531 N Figueroa Subject | $799,000* List Price | 4 | 2 | 1,401 | $561 | - |
A 447 W Avenue 37 Active | $799,999 List Price | 2 | 2 | 1,298 | $616 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
This 1905 Craftsman-style home is a significant fixer-upper requiring substantial rehabilitation and modernization. While it retains original architectural charm such as hardwood floors and built-ins, the kitchen and bathrooms are severely outdated and do not meet current quality standards. The listing description and property analysis explicitly state the need for extensive updates to systems and structure, positioning the property as an investment or restoration project rather than a move-in ready residence.
PROSSTRENGTHS & OPPORTUNITIES
- Development Versatility
The LARD2 zoning and street-to-street frontage offer significant upside for investors, including potential for multi-unit development, an ADU, or a small-lot subdivision.
- Prime Urban Location
Situated in the rapidly transforming Figueroa corridor, the property provides excellent walkability to local amenities and convenient access to the Metro Gold Line and Downtown LA.
- Historic Craftsman Charm
This 1905 home retains original architectural details like hardwood floors and built-ins, offering a soulful foundation for a high-end restoration project.
CONSRISKS & DEFICIENCIES
- Significant Modernization Required
Given its 1905 construction, the home likely needs extensive updates to its systems and structure to meet modern living standards and building codes.
- Limited Lot Size
At 3,431 square feet, the lot is relatively compact, which may constrain the footprint of new construction or limit outdoor space if additional units are added.
About 3531 N Figueroa
Welcome to 3531 N. Figueroa Street, an incredible opportunity in Northeast LA’s most rapidly transforming neighborhoods — Mount Washington and Cypress Park. This 1905 Craftsman-style home captures the soul of early Los Angeles while offering serious upside for investors, builders, and design-minded homeowners alike. Sitting on a 3,431 sq. ft. LARD2-zoned lot, the property offers flexible development potential — from restoring its timeless character to adding an ADU, pursuing multi-unit or small-lot development, or creating a long-term income property (buyer to verify). With approximately 1,401 sq. ft. of living space, the home features original hardwood floors, charming built-in shelving, and a functional layout that invites creativity and modernization. Outside, you’ll find a long private driveway for easy parking, a productive avocado tree, and a large basement ideal for storage, workspace, or expansion. The property’s street-to-street frontage along Figueroa provides excellent accessibility and visibility. The location is unbeatable — a short walk or quick drive to Mount Washington’s scenic parks, hiking trails, and the world-renowned Self-Realization Fellowship. You’re also steps from the emerging Figueroa corridor, known for its growing lineup of coffee houses, restaurants, and art spaces, as well as easy access to the Metro Gold Line, 110 freeway, and Downtown LA. This stretch of Northeast LA continues to attract developers and creative homeowners eager to be part of Los Angeles’s next great revival. Whether you’re envisioning a restored Craftsman gem, a modern duplex, or a hybrid live/work investment, 3531 N. Figueroa Street stands ready to deliver exceptional potential in one of LA’s most dynamic and desirable urban settings.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1905
- Lot Size
- 3,431 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Loreto Street Elementary School
Grades K-5 • 0.2 mi
Aragon Avenue Elementary School
Grades K-5 • 0.7 mi
Latona Avenue Elementary School
Grades K-6 • 0.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 81% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,401 | 1,649 | 33% |
| Lot Size | 3,431 | 5,600 | 10% |
| Price | $799.0K | $1.25M | 11% |
| Price per sq ft | $570 | $800 | 12% |
| Built year | 1905 | 1947 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 94 | 156 | 17% |
Pricing History
Listed for Sale
Feb 5, 2026
$799,000
$899,000
-11% Price Drop
Initial Listing
Price Change
Dec 2, 2025
$899,000
Initial Listing
Sold
Oct 14, 2004
$210,000
Public Record























