Exceptional Duplex on Oversized Corner Lot in Prime NELA! This rare opportunity to own a well-located duplex on one of the largest corner parcel lots in the neighborhood, offering approximately 5,700 sq ft of land, significantly larger than the area average of approximately 4,300 sq ft. Each unit is approximately 700 sq ft with each residence offering two bedrooms and one bath, a dedicated laundry area with its own washer and dryer, and a thoughtfully designed kitchen with its own refined, contemporary aesthetic flexible property presents multiple ownership and income strategies, including the potential to add an ADU and/or additional structures. Situated in the heart of Northeast Los Angeles’ creative and rapidly evolving corridor, the property offers excellent proximity to the 5, 101, 110, 710, 2, and 10 freeways, providing convenient access throughout Los Angeles. Offered at $1,000,000, this property represents a compelling value at approximately $500,000 per unit, a rare find in today’s market. With interest rates trending downward, ownership can pencil favorably with an estimated 5% cap rate, while offering long-term equity growth and potential tax advantages. Both units are delivered vacant, allowing for maximum flexibility. Live in one unit and rent the other, lease both units for income, or explore the possibility of connecting the units to create a larger single-family residence at the base of Mount Washington. The oversized lot may also accommodate the addition of a carport or ADU, ideal for extended family or supplemental rental income. Property features include laminate wood flooring, split systems for heating and air conditioning, private fenced yards, and separate private entrances. One unit enjoys expansive views of the Downtown Los Angeles skyline. Updated kitchens, plumbing and modern baths complement bright, open floor plans that feel fresh and move-in ready. Exterior highlights include lush landscaping, custom fencing, and gated parking, offering privacy, functionality, and curb appeal. Conveniently located near Elysian Park, Highland Park, Dodger Stadium, Griffith Park, Downtown Los Angeles, the Arts District, Chinatown, Japantown, Atwater Village, Silver Lake, and Echo Park, with nearby access to Metro rail lines serving DTLA to Santa Monica to Long Beach. This property offers an exceptional combination of location, flexibility, income potential, and long-term value in one of Los Angeles’ most desirable neighborhoods.
Property Details
Price:
$999,999
MLS #:
26634315
Status:
Active
Beds:
4
Baths:
2
Type:
Single Family
Neighborhood:
680mountwashington
Listed Date:
Jan 15, 2026
Finished Sq Ft:
1,400
Total Sq Ft:
1,400
Lot Size:
5,700 sqft / 0.13 acres (approx)
Year Built:
1940
See this Listing
Schools
Interior
Appliances
DW, RF
Heating
FA, CF, COM
Laundry Features
IC, DINC, WINC
Exterior
Other Structures
SH
Parking Spots
4
Financial
Map
Community
- Address3501 N Figueroa ST Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90065
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Jan 20, 2026
2,291
Single Family Listed
55
Avg DOM
928
Avg $ / SqFt
$1,933,161
Avg List Price
Property Summary
- 3501 N Figueroa ST Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90065. It is listed for $999,999 and features 4 beds, 2 baths, and has approximately 1,400 square feet of living space, and was originally constructed in 1940. The current price per square foot is $714. The average price per square foot for Single Family listings in Los Angeles is $928. The average listing price for Single Family in Los Angeles is $1,933,161.
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3501 N Figueroa ST
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