About 4240 Figueroa Street
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. .
Features of 4240 Figueroa Street
| MLS® # | SR26174382 |
|---|---|
| Price | $3,250,000 |
| Bedrooms | 1 |
| Bathrooms | 1.00 |
| Lot Size | 15,016 |
| Year Built | 1964 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Style | Traditional |
| Status | Active |
| # Of Units | 18 |
Community Information
| Address | 4240 Figueroa Street |
|---|---|
| Area | C37 - Metropolitan South |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90037 |
Amenities
| Utilities | Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Parking Spaces | 36 |
| Parking | Carport |
| # of Garages | 18 |
| Garages | Carport |
| View | None |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Appliances | Free-Standing Range |
|---|---|
| Heating | Wall Furnace |
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Exterior | Drywall |
|---|---|
| Exterior Features | Rain Gutters |
| Lot Description | ZeroToOneUnitAcre |
| Windows | Screens |
| Roof | Shingle |
| Construction | Drywall |
| Foundation | Slab, Tie Down |
Additional Information
| Date Listed | August 11th, 2026 |
|---|---|
| Days on Market | 29 |
| Zoning | LAC2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Brian Tanenbaum |
|---|---|
| Office | Federal Financial |