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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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16101 S Figueroa Street, Gardena – $3,000,000

  • 3 Beds
  • 2 Baths
  • .45 Acres
  • 178 DOM
  • 3 Beds
  • 2 Baths
  • .45 Acres
  • 178 DOM

16101 S Figueroa Street

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.

Essential Information

  • MLS® #SR25118557
  • Price$3,000,000
  • Bedrooms3
  • Bathrooms2.00
  • Acres0.45
  • Year Built2025
  • TypeResidential Income
  • Sub-TypeApartment
  • StatusActive

Community Information

  • Address16101 S Figueroa Street
  • Area119 - Central Gardena
  • CityGardena
  • CountyLos Angeles
  • Zip Code90248

Amenities

  • Parking Spaces54
  • # of Garages54
  • PoolNone

Interior

  • # of Stories3

Exterior

  • Lot DescriptionThirtySixToFortyUnitsAcre

Additional Information

  • Date ListedMay 28th, 2025
  • Days on Market178
  • ZoningLAC2

Listing Details

  • AgentBehrouz Lavi

Office

Keller Williams Realty-Studio City

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Price Change History for 16101 S Figueroa Street, Gardena, (MLS® #SR25118557)

Date Details Change
Price Reduced from $3,190,000 to $3,000,000 $190,000 (5.96%)
Price Reduced from $3,500,000 to $3,190,000 $310,000 (8.86%)

Behrouz Lavi, Keller Williams Realty-Studio City.

Based on information from California Regional Multiple Listing Service, Inc. as of November 22nd, 2025 at 11:55am PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.