Introducing 4760 and 4766 S. Figueroa Street, a unique two assessor parcel number assemblage located in the Vermont Square neighborhood of Los Angeles (within close proximity to USC). Offered together for sale, these three contiguous lots present a rare opportunity for investors, developers, medical operators, and visionary entrepreneurs seeking a… Read More strategic location with exceptional redevelopment potential.
The centerpiece of the offering, 4760 S. Figueroa Street, features a 2,525-square-foot commercial building that was originally operated as a motel before being legally converted and renovated into a medical office complex. Most recently, the property served as a multi-physician clinic under the name Western Health Care, demonstrating its adaptability for healthcare and professional office use.
Zoned for multi-family/commercial hybrid use, the existing structure provides immediate utility while the two adjoining parcels create a substantial development opportunity.
Together, the three lots form a prominent corner-lot assemblage offering approximately 23,309 square feet of land.
Whether your vision includes student housing, a medical campus, mixed-use development, workforce housing, professional offices, retail, or another value-add commercial project, this property provides the flexibility and location to bring those plans to life.
Property Highlights:
1. Three contiguous lots sold together
2. Prominent corner-lot location
3. Existing 2,525 SF medical office building
4. Formerly operated as Western Health Care clinic
5. Multi-family/commercial hybrid zoning
6. Significant redevelopment and value-add potential
7. Located near major transportation corridors, educational institutions, and employment centers
8. Ideal for medical, residential, mixed-use, student housing, or commercial development
9. Prior approved entitlement building plans (expired).
This is an opportunity to acquire a versatile property with an existing income-producing structure and substantial upside through redevelopment. Bring your vision and unlock the full potential of this highly visible Los Angeles corner site.
Contact us today for additional information, parcel details, and development possibilities.
Note: Total land area to be verified based on all three lot sizes. Read Less
Property listed by Trillion Real Estate, Aisha Johnson 310-259-7556
Listing Snapshot
Days Online
0
Last Updated
Property Type
MixedUse
Square Ft.
2,525
Lot Size
0.54 Acres
Year Built
1941
MLS Number
SW26130384
Additional Details
Building
Built in 1941, 3 buildings, 1 storey, Entry level: 1
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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