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5859 S Figueroa Los Angeles, CA 90003
$565,000 2 beds, 1 baths
936 sqft
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Photo of Art Rivera

Art Rivera REALTOR® - Broker Associate 949-230-8303 m
949-644-6200 o
Lic#: 00497094
NRDS ID: 205501712
artrivera2@gmail.com
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Lic#: 00497094
NRDS ID: 205501712
artrivera2@gmail.com
Newport Beach Office
23 Corporate Plaza, Suite 100
Newport Beach, CA 92660
Phone: 949-644-6200
Fax: 949-640-7429
Newport Beach 23 Corporate Plaza, Suite 100
Newport Beach, CA 92660
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Agent Remarks

Prime Development & Remodel Opportunity in Los Angeles! Discover an exceptional single-family residence on an approximately 5,400 sq ft lot, perfectly positioned for redevelopment in the highly desirable LAC2 (C2 Commercial) zoning district. This property offers tremendous potential for investors, developers, and visionary homeowners seeking to capitalize on the flexible zoning that supports a wide range of residential and commercial uses. Currently in need of significant upgrades and modernization, this home is ideal for a full remodel or ground-up redevelopment. It will not qualify for FHA financing, making it a perfect fit for cash buyers and experienced developers ready to act. The motivated sellers are eager to move quickly—don't miss this chance to transform this diamond in the rough into a high-value asset! Key Features & Highlights: Zoning: LAC2 – Excellent potential for multi-unit residential development, mixed-use, or commercial opportunities Lot Size: Approx. 5,400 square feet – Spacious canvas for expansion or new construction Ready: Immediate possession; perfect for your custom vision Location: Convenient access to Los Angeles amenities, transit, and vibrant neighborhoods Whether you're looking to remodel into a stunning single-family home, develop multi-family units, or explore commercial possibilities, this property delivers outstanding potential in a strong market. Cash offers and developer inquiries are strongly encouraged. Contact us today for more details and to schedule a private showing!

Listing Details

Property type: Single Family Residence (Single Family)
Status: Active
MLS# DW26124687
List price is $565,000
HOA Fee is $0.00
Beds: 2
Baths: 1 (1 full)
None fireplaces
Built in 1914
936 sqft
1 story
0.12 acres
Lot size: 0.1240
County: Los Angeles
Property style: Bungalow
Construction: Wood Siding
Interior features: All Bedrooms Down
Parking description: Driveway
Lot description: Back Yard,Front Yard,Level,Near Public Transit
Heating/cooling: None
MLS area: C42 - Downtown L.A.

Last Updated: 6/9/2026

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 Find more homes in 90003 zip code

This listing belongs to the C42 - Downtown L.A. MLS area

The style of this listing is Bungalow.
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Lat/Long: 33.987700, -118.282400.
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Listing Agent: Victor Hernandez
Lic#: 00497094
Office Name: Newport Beach

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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Photo of Art Rivera

Art Rivera REALTOR® - Broker Associate 949-230-8303 m
949-644-6200 o
Lic#: 00497094
NRDS ID: 205501712
artrivera2@gmail.com
Text Me
Call My Cell
Call My Office
Lic#: 00497094
NRDS ID: 205501712
artrivera2@gmail.com

Newport Beach Office
23 Corporate Plaza, Suite 100
Newport Beach, CA 92660
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