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Listed by: Brian Tanenbaum (310) 980-2261 DRE #00871788 | Federal Financial (310) 980-2261
$2,750,000
Monthly Est:$13,688
3 Beds
3 Baths
12,447sqft
4240 Figueroa St, Los Angeles, CA 90037
$2,750,000
$13,688/moEst:
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Apartment
Built in 1964
$-- HOA
15,016 sqft lot
$221/sq.ft
Description
Situated minutes from the USC campus and downtown LA. This 18 unit apartment asset has tremendous potential to increase rents and profitability. The property is well maintained in an area with high rental demand. Most units have been upgraded. There is ample parking and extensive upgrades to the infrastructure. Inspection subject to an accepted offer. Email listing agents for full financials. No seller financing. do not disturb tenants. Six tenants are section 8. .
- Houzeo last checked: 4 minutes ago
- Listing updated: November 3, 2026 at 11:48 pm
- Source: California Regional MLS-CA | MLS#: SR26174382
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1964
HOA Fees
-
Finished Area
12,447 sqft
Lot Size
15,016 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
SR26174382
MLS Status
Active
Days on Market
84
Cumulative Days on Market
84
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 3
Interior
Appliances
Free Standing Range
Sewer
Public Sewer
Window Features
Screens
Cooling
None
Heating
Wall Furnace
Exterior Features
Rain Gutters
Construction
Year Built
Year Built: 1964
Home type
Apartment
Architectural Style
Traditional
Construction Materials
Drywall
Foundation Details
Slab, Tie Down
Property Condition
Updated Remodeled
Roof
Shingle
Utilities & Energy
Water Source
Public
Laundry Features
Common Area
Parking Features
Carport
Pool Features
None
Electric
Electricity On Property
Fireplace Features
None
Utilities
Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Security Features
Resident Manager
Other Features
Lot Features
Zero To One Unit Acre
Community Features
Urban
Tenant Pays
All Utilities, Cable Tv, Electricity, Gas
Price History
| Date | Event | Price |
|---|---|---|
09/28/2026 Source: | Price Decreased | $2,750,000 -15.38% $221/sqft |
08/27/2026 Source: | Price Decreased | $3,250,000 -18.73% $261/sqft |
08/11/2026 Source: | Price Decreased | $3,999,000 -0.02% $321/sqft |
10/16/2025 Source: | Off Market | $3,999,999 -20.00% $321/sqft |
10/16/2025 Source: | Listed for Sale | $4,999,999 $402/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Nov 04, 2026, 05:45AM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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