6919 S Figueroa, Los Angeles, CA 90003
- 3,038 sqft
Commercial Property
Built in 1941
9,583sqft lot
—— car garage
$362/sqft
Listed 1 month ago
Property Description
Exceptional Redevelopment Opportunity – LAC Zoned | Two Parcels | Prime Investment Potential Unlock the potential of this rare redevelopment opportunity in Los Angeles-a good affordable housing development play. This LAC-zoned property consists of two adjoining parcels totaling 9,597 SF, currently improved with a former motel featuring two single-story buildings, approximately 3,038 SF of existing structure, and 12 on-site parking spaces. The property presents a blank canvas for investors, developers, and visionaries seeking to reposition or redevelop in a high-demand market. With flexible LAC zoning and substantial lot size, the site offers significant upside potential for a variety of future uses (buyer to verify). The City of Los Angeles has issued an Order to Vacate and Secure, and land use privileges for motel operations have been revoked pending required clearances and permits from the LA Department of City Planning and LADBS. This is an opportunity to acquire a value-add asset priced for redevelopment - ideal for those ready to reimagine and revitalize. Buyer to conduct their own due diligence regarding zoning, permits, and redevelopment potential.
- Listing Status:
- Active
- Date Added:
- February 23, 2026
- Data Last Updated:
- April 1, 2026 at 4:09PM
- Listing Office:
- Global Capital Advisors, Inc. : 818-939-8855
- Listing Agent:
- Gary Mkrtichyan : 818-939-8855
- MLS ID:
- CRGD26040096
- Zoning: 6013022027
- Source: CRMLS
This listing courtesy of Gary Mkrtichyan , Global Capital Advisors, Inc.
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Gil Garcetti Learning Academy
612 W 68th St, Los Angeles, CA, 90044
Grades KG-6
0.12 miles away
Bethune Middle School
155 W 69th St, Los Angeles, CA, 90003
Grades 7-8
0.45 miles away
Augustus F. Hawkins High School - Responsible Indigenous Social Entrepreneurship
825 W 60th St, Los Angeles, CA, 90044
Grades 9-12
0.73 miles away





