6726 N Figueroa Street
Los Angeles, CA 90042
Listing broker / agent: Beverly and Company, Inc. · Vicken Tasmajian · (626) 676-1614 · CRMLS
MLS # P1-29575 · Last checked Nov 15, 2026 00:13 UTC
About this property
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 two ADUs) and identifies a conditional 17-unit arithmetic scenario (15 primary residences plus two ADUs). Neither scenario is approved or established as the site's maximum; feasibility depends on affordability eligibility, site constraints, and City review. Conceptual plans and renderings are included in the feasibility study, available upon request from the listing agent. A compelling opportunity to collect rental income today while evaluating long-term options in Northeast Los Angeles. Buyer to independently verify leases, income, lawful occupancy and uses, square footage, zoning, and all development potential.
Property details
- MLS number
- P1-29575
- Status
- Active
- Type
- Residential Income
- Subtype
- Mixed Use
- Lot size
- 0.2203 acres
- Reported private pool
- No
- Year built
- 1951
More property detailsCollapse
Listing
- Days on market
- 1
Building
- Year built
- 1951
- Year built source
- Assessor
Rooms & interior
- Heating
- Ductless
- Cooling
- Ductless
- Fireplace
- None
- Laundry
- Common Area
Exterior & parking
- Total parking spaces
- 0
- Garage spaces
- 2
- Parking
- None
- Pool
- None
- Spa
- None
- Lot features
- Sprinklers None
- Lot size source
- Assessor
- Fencing
- None
- Property outlook
- None
Utilities & community
- Water
- Public
- Sewer
- Public Sewer
- Community features
- Street Lights
Fees & lease terms
- Association fee
- $0.00
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Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $1,998,000
- MLS-reported original asking price
- $1,998,000
| Observed (UTC) | Asking price |
|---|---|
| Nov 13, 2026 22:04 | $1,998,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Los Angeles
Active residential homes for sale in Los Angeles, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
670 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-11-15 00:40 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
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