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Listed by Behrouz Lavi • Keller Williams Realty-Studio City
$ 3,190,000
Est. payment /mo
Active
16101 S Figueroa Street Gardena, CA 90248
36,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 36,000 sqft
Price per Sqft $88
MLS Listing ID CRSR25118557
HOA Y/N No
Year Built 2025
Lot Size 0.446 Acres
Property Sub-Type Other
Source Datashare California Regional
Property Description
PRICE REDUCED – Exceptional Development Opportunity with RTI Plans Introducing The Alondra Family Living Apartments — a prime development site now offered with a $310,000 price reduction and Ready-To-Issue (RTI) permits in hand. Approved and stamped by the City of Los Angeles, this fully entitled project allows for the construction of 36 spacious residential units, each thoughtfully designed as three-bedroom, two-bathroom layouts with in-unit washer and dryer. Situated on a high-visibility 20,363 SF corner lot, this shovel-ready opportunity boasts strong curb appeal and an optimal footprint. The approved plans call for approximately 36,000 square feet of living space across multi-level two- and four-story buildings, with each unit exceeding 1,000 square feet—a rare offering in today's market. With the increasing demand for large, family-oriented apartment units in Los Angeles, this project is uniquely positioned to deliver high-value, high-demand inventory. There is no comparable development currently available that combines such generous floor plans, strategic location, and ready-to-build status. Don’t miss this opportunity to bring a standout project to market in one of LA’s most competitive rental landscapes.
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Gas Dryer Hookup, Other
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
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