4122 N Figueroa Street, Los Angeles, California 90065, Los Angeles, 90065 - 3 bed, 1 bath
4122 N Figueroa Street
Los Angeles, California 90065
Property Price
SUMMARY
Analysis of 4122 N Figueroa Street, Los Angeles, California 90065 is currently available with a list price of $1,350,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
The property, built in 1920, is explicitly listed for 'LAND VALUE,' indicating that the existing structures are considered functionally obsolete and require demolition. The images confirm the extremely poor condition of both the commercial units and the residential structure. The kitchen, while having a newer stove, features very old cabinets, countertops, flooring, and an outdated light fixture, reflecting significant deferred maintenance. No bathroom images are provided, but given the overall state and age, it's highly probable they are in similar or worse condition. The property's value is clearly based on its redevelopment potential, aligning perfectly with the 'tear-down' criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Development Opportunity
The property is explicitly listed for 'LAND VALUE' and highlighted as a 'Prime development opportunity,' indicating significant potential for new construction or substantial redevelopment.
- Flexible Mixed-Use Zoning (LAC2)
Zoned LAC2, this property allows for diverse development options including commercial, office, and residential uses, maximizing its potential value and market appeal.
- Highly Sought-After Location
Situated in Highland Park, a trendy, historic, and highly desirable neighborhood in Northeast Los Angeles, known for its vibrant community and growth.
CONSRISKS & DEFICIENCIES
- Implication of 'Land Value' Listing
Being listed for 'LAND VALUE' suggests the existing 1920-built structures (commercial units and residence) are likely considered functionally obsolete or in poor condition, requiring demolition rather than renovation.
- Demolition & Redevelopment Costs
Significant upfront costs will be incurred for the demolition of the existing two-unit commercial building and the three-bedroom single-family residence to prepare the site for new development.
- Age of Existing Structures
Built in 1920, the current buildings are very old, which typically implies substantial deferred maintenance, outdated systems, and potential structural issues, making them a liability rather than an asset for most buyers.
About 4122 N Figueroa Street
LISTED FOR LAND VALUE.Prime development opportunity in trendy Highland Park. This 7000 square foot lot property is zoned LAC2 - Mixed Use commercial/office/residential. Currently the property consists of a 2 unit commercial building in the front, and a 3 bedroom single family residence in the rear.A historic neighborhood in Northeast Los Angeles, Highland Park is one of the most highly sought-after neighborhoods in Los Angeles as it is in the center of three popular work and entertainment destinations with DTLA to the south, Pasadena to the east and Glendale to the west. Offering close proximity to the 110 Freeway, and the Highland Park Station on the Metro Gold Line, Figueroa Street is optimal for an easy commute throughout Los Angeles, while in walking distance to restaurants, boutiques, coffee shops etc.!
Property Details
Public Facts
- Property Type
- Mixed Use
- Year Built
- 1920
- Lot Size
- 7,000 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1920 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Pricing History
Listed for Sale
Jul 28, 2025
$1,350,000
Initial Listing