714-745-2708

5304 S Figueroa, Los Angeles, CA 90037

$1,350,000 Approx. USD 0 beds, 0 baths

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Marketed By The Keaty Team

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Marketed By The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
714-745-2708 o
Lic#: 01276603
NRDS ID: 187514104
thekeatyteam@bhhscal.com Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700

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Listing Agent

Deborah Moussighi | debbymoussighi@yahoo.com
Lic#: 01487871
Broker: Courtesy of Keller Williams Luxury
Phone: 818-200-2929

Agent Remarks

RTI SHOVEL-READY DEVELOPMENT | 32 UNITS | TOC TIER 1 5304–5318 S Figueroa St, Los Angeles, CA Rare opportunity to acquire a fully entitled, RTI (Ready-To-Issue), shovel-ready development site for a 32-unit, 3-story wood-frame multifamily project located along the S Figueroa corridor in Los Angeles. The project is approved for 100% affordable housing and is positioned to allow a buyer to commence construction immediately, eliminating entitlement risk and lengthy approval timelines. The site benefits from Transit Oriented Communities (TOC) Tier 1 incentives and is zoned C2-1VL-CPIO, offering valuable development flexibility for affordable housing projects. The property consists of approximately 12,150 SF of land and is delivered vacant, making it ideal for developers seeking a clean, permit-ready opportunity in a high-demand urban infill location. Strategically located near major transportation routes, employment centers, and neighborhood amenities, the project is well positioned to meet continued demand for affordable housing in one of Los Angeles’ most supply-constrained markets. Fully approved RTI developments of this scale and readiness are increasingly rare. Offered at $1,495,000. RTI approvals in hand. Plans and documentation available upon request.

Listing Details

Property type: (Lots/Land)

Status: Active

MLS# SR26023639

List price is $1,350,000 Reduced by $145,000 on 5/15/2026

Price: $1,350,000

HOA Fee is $0.00

Beds: 0

Baths: 0

0.28 acres

Lot size: 0.2789

County: Los Angeles

Zoning: C2-1VL-CPIO

Lot description: ThirtyOneToThirtyFiveUnitsAcre

MLS area: C34 - Los Angeles Southwest

Last Updated: 6/11/2026

Days On Market (DOM): 142

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This listing belongs to the C34 - Los Angeles Southwest MLS area

Lat/Long: 33.993933, -118.282284.
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