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$ 3,000,000
Est. payment | /mo
0.53 Acres Lot
$ 3,000,000
Est. payment | /mo
0.53 Acres Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID SW26130384
HOA Y/N No
Year Built 1941
Lot Size 0.535 Acres
Property Sub-Type Mixed Use
Property Description
Introducing 4760 and 4766 S. Figueroa Street, a unique two assessor parcel number assemblage located in the Vermont Square neighborhood of Los Angeles (within close proximity to USC). Offered together for sale, these three contiguous lots present a rare opportunity for investors, developers, medical operators, and visionary entrepreneurs seeking a strategic location with exceptional redevelopment potential.
The centerpiece of the offering, 4760 S. Figueroa Street, features a 2,850 square foot commercial building that was originally operated as a motel before being legally converted and renovated into a medical office complex. The ancillary building on the corner lot measures 340 square feet. Most recently, the property served as a multi-physician clinic under the name Western Health Care, demonstrating its adaptability for healthcare and professional office use.
Zoned for multi-family/commercial hybrid use, the existing structure provides immediate utility while the two adjoining parcels create a substantial development opportunity.
Together, the three lots form a prominent corner-lot assemblage offering approximately 23,309 square feet of land.
Whether your vision includes student housing, a medical campus, mixed-use development, workforce housing, professional offices, retail, or another value-add commercial project, this property provides the flexibility and location to bring those plans to life.
Property Highlights:
1. Three contiguous lots sold together
2. Prominent corner-lot location
3. Existing 2,850 SF medical office building plus a 340 square foot ancillary building on the corner lot that is serving the auto storage
4. Formerly operated as Western Health Care clinic
5. Multi-family/commercial hybrid zoning
6. Significant redevelopment and value-add potential
7. Located near major transportation corridors, educational institutions, and employment centers
8. Ideal for medical, residential, mixed-use, student housing, or commercial development
9. Prior approved entitlement building plans (expired).
This is an opportunity to acquire a versatile property with an existing income-producing structure and substantial upside through redevelopment. Bring your vision and unlock the full potential of this highly visible Los Angeles corner site.
Contact us today for additional information, parcel details, and development possibilities.
Note: Total land area to be verified based on all three lot sizes.
The centerpiece of the offering, 4760 S. Figueroa Street, features a 2,850 square foot commercial building that was originally operated as a motel before being legally converted and renovated into a medical office complex. The ancillary building on the corner lot measures 340 square feet. Most recently, the property served as a multi-physician clinic under the name Western Health Care, demonstrating its adaptability for healthcare and professional office use.
Zoned for multi-family/commercial hybrid use, the existing structure provides immediate utility while the two adjoining parcels create a substantial development opportunity.
Together, the three lots form a prominent corner-lot assemblage offering approximately 23,309 square feet of land.
Whether your vision includes student housing, a medical campus, mixed-use development, workforce housing, professional offices, retail, or another value-add commercial project, this property provides the flexibility and location to bring those plans to life.
Property Highlights:
1. Three contiguous lots sold together
2. Prominent corner-lot location
3. Existing 2,850 SF medical office building plus a 340 square foot ancillary building on the corner lot that is serving the auto storage
4. Formerly operated as Western Health Care clinic
5. Multi-family/commercial hybrid zoning
6. Significant redevelopment and value-add potential
7. Located near major transportation corridors, educational institutions, and employment centers
8. Ideal for medical, residential, mixed-use, student housing, or commercial development
9. Prior approved entitlement building plans (expired).
This is an opportunity to acquire a versatile property with an existing income-producing structure and substantial upside through redevelopment. Bring your vision and unlock the full potential of this highly visible Los Angeles corner site.
Contact us today for additional information, parcel details, and development possibilities.
Note: Total land area to be verified based on all three lot sizes.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Interior
Fireplace No
Laundry See Remarks
Building
Lot Description Corner Lot
Story 1
Water Public
Others
Tax ID 5018036001
Acceptable Financing Cash, Conventional, Submit
Listing Terms Cash, Conventional, Submit
Special Listing Condition Standard
Listed by Aisha Johnson Trillion Real Estate 310-621-2219, DRE #01769136
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