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
See this Listing
Schools
Interior
Laundry Features
NO
Exterior
Common Walls
NCW
Community Features
URB
Garage Spaces
54
Parking Spots
54
Parking Total
54
Financial
Map
Community
- Address16101 S Figueroa Gardena CA
- CityGardena
- CountyLos Angeles
- Zip Code90248
Market Summary
Current real estate data for Single Family in Gardena as of Sep 12, 2026
144
Single Family Listed
97
Avg DOM
362
Avg $ / SqFt
$1,020,976
Avg List Price
Property Summary
- 16101 S Figueroa Gardena CA is a Single Family for sale in Gardena, CA, 90248. It is listed for $2,900,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 2023. The average price per square foot for Single Family listings in Gardena is $362. The average listing price for Single Family in Gardena is $1,020,976.
Similar Listings Nearby
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 include the name of the listing broker. Neither the listing company nor 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