PRICE REDUCED – Exceptional Development Opportunity with RTI Plans
Introducing The Alondra Family Living Apartments — a prime development site now offered with a $310,000 price reduction and Ready-To-Issue (RTI) permits in hand. Approved and stamped by the City of Los Angeles, this fully entitled project allows for the construction of 36 spacious residential units, each thoughtfully designed as three-bedroom, two-bathroom layouts with in-unit washer and dryer.
Situated on a high-visibility 20,363 SF corner lot, this shovel-ready opportunity boasts strong curb appeal and an optimal footprint. The approved plans call for approximately 36,000 square feet of living space across multi-level two- and four-story buildings, with each unit exceeding 1,000 square feet—a rare offering in today's market.
With the increasing demand for large, family-oriented apartment units in Los Angeles, this project is uniquely positioned to deliver high-value, high-demand inventory. There is no comparable development currently available that combines such generous floor plans, strategic location, and ready-to-build status.
Don’t miss this opportunity to bring a standout project to market in one of LA’s most competitive rental landscapes.
Listed by Behrouz Lavi
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License #01482721
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Keller Williams Realty-Studio City
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818-235-7290
Last updated October 16, 2025
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Source: CRMLS #SR25118557
Listing Facts
TypeMulti-family
NeighborhoodHarbor Gateway North
Days on Prevu199
Amenities
Parking
Location
Mortgage Calculator
Listing History
10/27/2025
Status changed to Active
$3,000,000
10/23/2025
Status changed to Removed from Feed
$3,000,000
10/17/2025
Price Decreased
$3,000,000
10/04/2025
Status changed to Active
$3,190,000
10/03/2025
Status changed to Removed from Feed
$3,190,000
09/20/2025
Status changed to Active
$3,190,000
09/19/2025
Status changed to Removed from Feed
$3,190,000
09/18/2025
Status changed to Active
$3,190,000
09/17/2025
Status changed to Removed from Feed
$3,190,000
09/16/2025
Status changed to Active
$3,190,000
09/14/2025
Status changed to Removed from Feed
$3,190,000
09/12/2025
Status changed to Active
$3,190,000
09/05/2025
Status changed to Removed from Feed
$3,190,000
09/05/2025
Status changed to Active
$3,190,000
09/03/2025
Status changed to Removed from Feed
$3,190,000
09/01/2025
Status changed to Active
$3,190,000
08/29/2025
Status changed to Removed from Feed
$3,190,000
08/05/2025
Price Decreased
$3,190,000
07/24/2025
Status changed to Active
$3,500,000
07/23/2025
Status changed to Removed from Feed
$3,500,000
06/28/2025
Status changed to Active
$3,500,000
06/27/2025
Status changed to Removed from Feed
$3,500,000
05/28/2025
Listed by Keller Williams Realty-Studio City
$3,500,000
Property Details for 16101 S Figueroa Street
Association
Amenities
Community Features: Biking
Exterior
Construction
Number Of Units Total: 36
Property Attached: Yes
Stories Total: 3
Year Built: 2025
Common Walls: 1 Common Wall
Entry Level: 1
Entry Location: Street
Measurements
Building Area Total: 36,000
Building Area Units: Square Feet
Lot Features: 36-40 Units/Acre
Lot Size Acres: 0.44
Lot Size Area: 19,421
Lot Size Source: Assessor
Lot Size Square Feet: 19,421
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 6120023033
Other
Location
Tax Lot: 1
Parking
Parking
Garage Spaces: 54
Garage: Yes
Parking Total: 54
Utilities
Equipment
Laundry Features: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Sewer: Public Sewer
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 16101 S Figueroa Street.
Does this multi-family home have parking?
Yes, there are 54 parking spaces available for 16101 S Figueroa Street.
How does 16101 S Figueroa Street compare to other multi-family homes in Harbor Gateway North?
This multi-family home is listed 140% above the average price for multi-family homes in Harbor Gateway North and has been on the market for 55 more days than the typical home in this area.
16101 S Figueroa Street is a -bedroom multi-family home for sale in Gardena CA 90248. Available on Prevu for 199 days at $3,000,000. This includes a recent price decrease of $190,000. This home is located in Harbor Gateway North. The median listing price for multi-family homes in this area is $906,500. Additional amenities include parking. Browse more multi-family home listings in Los Angeles.
Based on information from California Regional Multiple Listing Service, Inc. 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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.