4512 S Figueroa, Los Angeles, California 90037, Los Angeles, 90037 - 4 bed, 2 bath
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4512 S Figueroa
Los Angeles, California 90037
ACTIVE
CONDITION: FAIR
4Beds
2Baths
2,205Sq Ft
6,762Lot Size
Property Price
LIST PRICE$750,000
EST. MARKET VALUE
$750,000
SUMMARY
This Residential Income Duplex represents a High-Potential Investment Opportunity, listed at a List Price of $750,000, which aligns with its $750,000 Fair Market Value. Featuring a Condition Rating of 4, this 1916-built asset offers significant upside through modernization of its core systems. The LAC2 Zoning and 6,762-square-foot lot provide exceptional long-term development potential, while separate utility metering ensures efficient management. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to leverage rental income in a strategic, transit-oriented Los Angeles location.
Estimated Market Value
$750,000
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4512 S Figueroa Subject 4 bd · 2 ba · 2,205 sqft · $340 | $750,000* List Price | 4 | 2 | 2,205 | $340 | - |
A 1021 W 48th Sold 5 bd · 4 ba · 2,096 sqft · $344 · 0.6 mi | $720,000 | 5 | 4 | 2,096 | $344 | 0.6 mi |
B 324 W 47th Place Sold 0 bd · 0 ba · 2,006 sqft · $279 · 0.3 mi | $560,000 | 0 | 0 | 2,006 | $279 | 0.3 mi |
C 708 W 40th Sold 0 bd · 0 ba · 2,295 sqft · $307 · 0.6 mi | $705,000 | 0 | 0 | 2,295 | $307 | 0.6 mi |
D 4227 Walton Avenue Active 4 bd · 3 ba · 2,090 sqft · $301 · 0.8 mi | $629,000 List Price | 4 | 3 | 2,090 | $301 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1916, this duplex shows evidence of recent cosmetic updates including newer laminate flooring and fresh interior paint. However, the structure remains dated with original built-in cabinetry and older windows. While functional and currently tenant-occupied, the property likely requires updates to kitchens, bathrooms, and core systems to address its 100-plus year age.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Zoning Potential
The property is situated on a generous 6,760-square-foot lot with LAC2 zoning, providing significant long-term value through potential future development or mixed-use opportunities.
- Investor-Friendly Utilities
Equipped with separate gas and electric meters for each unit, the duplex minimizes landlord overhead and simplifies utility management by allowing tenants to pay their own usage.
- Strategic Urban Location
Its proximity to Downtown Los Angeles, major freeways, and public transportation makes it a highly attractive location for commuters, ensuring a consistent demand for rental housing.
CONSRISKS & DEFICIENCIES
- Tenant Occupancy Constraints
The property is delivered with existing tenants, which may present challenges for buyers looking to occupy a unit immediately or those wishing to reset rents to current market rates under local rent control regulations.
- Century-Old Infrastructure
Built in 1916, the property may require significant capital expenditures for repairs or modernization of aging systems to maintain its structural integrity and competitive appeal.
About 4512 S Figueroa
2 Units! This is an excellent duplex opportunity in South Los Angeles featuring two units in one structure on a spacious lot. Both units provide flexibility for investors. This property offers approximately 2,205 square feet of living space across a 6760-square-foot LAC2 zoning lot. Each unit has separate gas & electric meters, and ample driveway parking. Conveniently located near schools, shopping, public transportation, major freeways, and DTLA. Don't miss out on this opportunity to generate rental income or live in one unit while renting the other. **Property is being delivered with tenants **
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1916
- Lot Size
- 6,762 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
West Vernon Avenue Elementary School
Grades K-5 • 0.2 mi
5/10
Marguerite Poindexter Lamotte Elementary
Grades K-5 • 0.4 mi
2/10
Fifty-Second Street Elementary School
Grades K-5 • 0.5 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.5 |
| Baths | 2.0 | 2.9 |
| Square foot | 2,205 | 2,090.331 |
| Lot Size | 6,762 | 5,852.908 |
| Price | $750.0K | $830.9K |
| Price per sq ft | $340 | $394 |
| Built year | 1916 | 1928 |
| HOA | $0 | $0 |
| Days on market | 77 | 87 |
Pricing History
Listed for Sale
Sep 12, 2026
$750,000
$800,000
-6% Price Drop
Initial Listing
Price Change
Aug 24, 2026
$800,000
Initial Listing