$2,900,000
16101 S Figueroa
Gardena, CA, 90248
Property Description
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.
Property Details
Price:
$2,900,000
MLS #:
SR26007642
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
119centralgardena
Listed Date:
Feb 24, 2026
Total Sq Ft:
98,000
Lot Size:
19,421 sqft / 0.45 acres (approx)
Year Built:
2023
Schools
Interior
Laundry Features
NO
Exterior
Common Walls
NCW
Community Features
URB
Garage Spaces
54
Parking Spots
54
Parking Total
54
Financial
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Courtesy of Keller Williams Realty-Studio City. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Mohr Real Estate Group include the name of the listing broker. Neither the listing company nor Mohr Real Estate Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 16101 S Figueroa
Gardena, CA


