- $2.9M Price
- 140 Beds
- .45 Acres
- 201 DOM
16101 S Figueroa
DEVELOPERS – DON’T MISS THIS OPPORTUNITY! Exceptional opportunity to acquire a 19,500 SF corner lot in the City of Los Angeles with significant development potential. Preliminary concepts indicate the potential for approximately 140 units of affordable housing, subject to city approvals. The property offers a compelling basis at approximately $20,000 per potential unit, providing an attractive entry point for developers seeking a large-scale residential development opportunity. Conveniently located near freeways, schools, shopping, and everyday amenities, making this an attractive location for a residential development project. The seller may consider financing for a qualified buyer, potentially providing additional flexibility through the RTI process.
Essential Information
- MLS® #SR26007642
- Price$2,900,000
- Bedrooms140
- Bathrooms0.00
- Acres0.45
- Year Built2023
- TypeResidential Income
- Sub-TypeApartment
- StatusActive
Community Information
- Address16101 S Figueroa
- Area119 - Central Gardena
- CityGardena
- CountyLos Angeles
- Zip Code90248
Amenities
- Parking Spaces54
- # of Garages54
- PoolNone
Interior
- # of Stories4
Exterior
- Lot DescriptionThirtySixToFortyUnitsAcre
Additional Information
- Date ListedJanuary 12th, 2026
- Days on Market201
Listing Details
- AgentBehrouz Lavi
Office
Keller Williams Realty-Studio City
Price Change History for 16101 S Figueroa, Gardena, (MLS® #SR26007642)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $2,950,000 to $2,900,000 | ||
| Price Increased from $2,850,000 to $2,950,000 |
Behrouz Lavi, Keller Williams Realty-Studio City.
Based on information from California Regional Multiple Listing Service, Inc. as of September 13th, 2026 at 7:51am PDT. 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.