4240 Figueroa Street, Los Angeles, CA 90037

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Sq ft

About this home

Situated minutes from the USC campus and downtown LA. This 18 unit apartment asset has tremendous potential to increase rents and profitability. The property is well maintained in an area with high rental demand. Most units have been upgraded. There is ample parking and extensive upgrades to the infrastructure. Inspection subject to an accepted offer. Email listing agents for full financials. No seller financing. do not disturb tenants. Six tenants are section 8. .

Type

Apartment

Year built

1964

Lot

15,016 sq ft

Garage

18 car

HOA

None

Pool

View

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Solar

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Estimated payment

$17,343/mo

Principal & interest$13,905
Property tax (est.)$2,635
Home insurance (est.)$802

Down payment: 20% ($550,000)Interest rate %

Example only, not a loan offer. Rate is a placeholder; ask a lender for today's. Taxes vary by neighborhood (Mello-Roos).

Listing provided courtesy of Brian Tanenbaum, Federal Financial, 310-980-2261. MLS# SR26174382. Based on information from California Regional Multiple Listing Service, Inc. as of November 1, 2026 at 8:57 AM Pacific. Information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use to identify prospective properties they may be interested in purchasing. Coldwell Banker Associated Brokers Realty, CA DRE #00939614.