Home | Los Angeles County | Los Angeles | 90042 | 6726 N Figueroa St
MLS: CRP1-29575 | Status: Active | Price: $1,998,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 9,595 | 1951 |
Exceptional income-producing investment and redevelopment opportunity in Highland Park! Prominently located at the corner of N. Figueroa Street and St. Albans Street, this offering includes two adjoining RD1.5-1 parcels totaling approximately 9,595 sq. ft. The existing two-story building contains approximately 6,478 sq. ft. of assessor-reported improvements and five fully leased units: three residential units and two commercially leased live/work-style spaces. Per seller, annual gross rental income is approximately $142,100. A separate, currently vacant garage-style space is used for warehouse-type storage, adding flexibility for future use, subject to applicable approvals. Ideal for investors seeking an established income stream, buyers looking to hold or improve the existing property, and developers evaluating future construction. Potential strategies include maintaining current rental operations, renovating or repositioning the building, exploring adaptive reuse, developing the adjoining parcel, or pursuing a larger residential project. A preliminary architectural feasibility study examines six detached-style residences, six primary apartments plus two ADUs, and affordable-housing density bonus alternatives. The study illustrates a 16-unit concept (14 primary residences plus t
| Field | Value |
|---|---|
| MLS # | CRP1-29575 |
| MLS Source | California Regional MLS |
| Days on Site | 0 |
| Feature | Details |
|---|---|
| Kitchen | None |
| Laundry | Community Facility |
| Feature | Details |
|---|---|
| Pool | None |
| Feature | Details |
|---|---|
| Garage/Parking | No Parking, Garage: 2 Car(s) |
| HOA Fee | $0 |
Vicken Tasmajian
Beverly and Company, Inc.
License #: 01950844
Phone: (626) 676-1614
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 5 | – |
School data provided by GreatSchools.org
©2026 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of November 13, 2026. For the most current information, please contact Vicken Tasmajian, (626) 676-1614.