8115 S Figueroa St
Los Angeles, CA 90003
7 Beds
5 Baths
2,248 Sq Ft
196 Days on Market
For Sale $899,000
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Listing Agent & Comments

Shamim Khorsand MashhadiRE/MAX ESTATE PROPERTIES
310-658-6426shamim90291@yahoo.com License #02042990
Fantastic development opportunity. Eligible for new CHIP ordinance that can allow additional 50% density increase and significant parking reductions (See Docs). ED1 Eligible. Continue to rent out the property or develop this 6501 Sq Ft lot. Zoned LAC2 , this TOC Tier 1. With a FAR of 2.75 the total buildable area can be 17,877 sq. ft. Buyer to Verify with city planning for accuracy of all information. Property consists of one building with 6 separate units. Units 2,3,4,5 and 6 are studios. Unit 1 is a 2 bedroom / 1 bath and it was modified to a 3 bedroom / 1 bath without permits which is now rented on Airbnb 30day+ . The other 5 units are rented out on a month to month basis.

MLS# 24404581 • Data provided by CRMLS
Additional home details
Living Area2,248 Sq.Ft.
Lot Size6,499 Sq.Ft.
Total Rooms--
Bedrooms7
Bathrooms5
Stories1
Year Built1950
Property TypeMultifamily
ZoningLAC2
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$10,577
Property in Flood Zone--
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More Information On This Home
This home's estimated value
$881,384
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
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HouseCanary, Inc. Brokerage

8115 S Figueroa St., Los Angeles, CA 90003

Multifamily
7 Beds
5 Baths
2,248 Sq Ft
196 Days on Market

Listing Agent & Comments

Shamim Khorsand MashhadiRE/MAX ESTATE PROPERTIES
310-658-6426shamim90291@yahoo.com License #02042990
Fantastic development opportunity. Eligible for new CHIP ordinance that can allow additional 50% density increase and significant parking reductions (See Docs). ED1 Eligible. Continue to rent out the property or develop this 6501 Sq Ft lot. Zoned LAC2 , this TOC Tier 1. With a FAR of 2.75 the total buildable area can be 17,877 sq. ft. Buyer to Verify with city planning for accuracy of all information. Property consists of one building with 6 separate units. Units 2,3,4,5 and 6 are studios. Unit 1 is a 2 bedroom / 1 bath and it was modified to a 3 bedroom / 1 bath without permits which is now rented on Airbnb 30day+ . The other 5 units are rented out on a month to month basis.

MLS# 24404581 • Data provided by CRMLS
Additional home details
Living Area2,248 Sq.Ft.
Lot Size6,499 Sq.Ft.
Total Rooms--
Bedrooms7
Bathrooms5
Stories1
Year Built1950
Property TypeMultifamily
ZoningLAC2
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$10,577
Property in Flood Zone--
We’ll connect you with top agents in your area.
New
Do you own this home?
Access your homeowner dashboard
house
For Sale $899,000
Request tour
Save
Courtesy of RE/MAX ESTATE PROPERTIES
8115 S Figueroa St
Los Angeles, CA 90003
7 Beds
5 Baths
2,248 Sq Ft
196 Days on Market

Listing Agent & Comments

Shamim Khorsand MashhadiRE/MAX ESTATE PROPERTIES
310-658-6426shamim90291@yahoo.com License #02042990
Fantastic development opportunity. Eligible for new CHIP ordinance that can allow additional 50% density increase and significant parking reductions (See Docs). ED1 Eligible. Continue to rent out the property or develop this 6501 Sq Ft lot. Zoned LAC2 , this TOC Tier 1. With a FAR of 2.75 the total buildable area can be 17,877 sq. ft. Buyer to Verify with city planning for accuracy of all information. Property consists of one building with 6 separate units. Units 2,3,4,5 and 6 are studios. Unit 1 is a 2 bedroom / 1 bath and it was modified to a 3 bedroom / 1 bath without permits which is now rented on Airbnb 30day+ . The other 5 units are rented out on a month to month basis.

MLS# 24404581 • Data provided by CRMLS
Additional home details
Living Area2,248 Sq.Ft.
Lot Size6,499 Sq.Ft.
Total Rooms--
Bedrooms7
Bathrooms5
Stories1
Year Built1950
Property TypeMultifamily
ZoningLAC2
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$10,577
Property in Flood Zone--
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$881,384
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
New
Do you own this home?
Access your homeowner dashboard
house

For Sale $899,000
Request tour
Save
Courtesy of RE/MAX ESTATE PROPERTIES