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 strategic location with exceptional redevelopment potential.<\/p>\n
The centerpiece of the offering, 4760 S. Figueroa Street, features a 2,850 square foot commercial building that was originally operated as a motel before being legally converted and renovated into a medical office complex. The ancillary building on the corner lot measures 340 square feet. 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.<\/p>\n
Zoned for multi-family\/commercial hybrid use, the existing structure provides immediate utility while the two adjoining parcels create a substantial development opportunity. <\/p>\n
Together, the three lots form a prominent corner-lot assemblage offering approximately 23,309 square feet of land.<\/p>\n
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.<\/p>\n
Property Highlights:<\/p>\n
1. Three contiguous lots sold together<\/p>\n
2. Prominent corner-lot location<\/p>\n
3. Existing 2,850 SF medical office building plus a 340 square foot ancillary building on the corner lot that is serving the auto storage<\/p>\n
4. Formerly operated as Western Health Care clinic<\/p>\n
5. Multi-family\/commercial hybrid zoning<\/p>\n
6. Significant redevelopment and value-add potential<\/p>\n
7. Located near major transportation corridors, educational institutions, and employment centers<\/p>\n
8. Ideal for medical, residential, mixed-use, student housing, or commercial development<\/p>\n
9. Prior approved entitlement building plans (expired).<\/p>\n
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.<\/p>\n
Contact us today for additional information, parcel details, and development possibilities.<\/p>\n
Note: Total land area to be verified based on all three lot sizes.<\/p>","protected":false},"excerpt":{"rendered":"
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 strategic location with exceptional redevelopment 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