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4240 Figueroa StreetLos Angeles, CA 90037

For Sale

$3,999,999

Smart Buyer Rebate $40,000

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.
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Listed by Brian Tanenbaum

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License #00871788

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Federal Financial

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310-980-2261

Last updated March 09, 2026

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Source: CRMLS #SR25241053

Listing Facts

  • TypeMulti-family
  • NeighborhoodVermont Square
  • Days on Prevu151

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

03/09/2026
Price Decreased
$3,999,999
10/27/2025
Status changed to Active
$4,999,999
10/24/2025
Status changed to Removed from Feed
$4,999,999
10/17/2025
Price Increased
$4,999,999
10/16/2025
Listed by Federal Financial
$3,999,999

Property Details for 4240 Figueroa Street

Association

Amenities

  • Community Features: Urban

Exterior

Construction

  • Number Of Units Total: 18
  • Property Attached: Yes
  • Property Condition: Updated/Remodeled
  • Roof: Shingle
  • Stories: 2
  • Stories Total: 2
  • Window Features: Screens
  • Year Built: 1964
  • Architectural Style: Traditional
  • Common Walls: 2+ Common Walls
  • Construction Materials: Drywall
  • Entry Level: 1
  • Entry Location: FRONT
  • Exterior Features: Rain Gutters

Features

  • Fencing: Average Condition
  • Other Structures: Storage
  • Road Frontage Type: City Street

Measurements

  • Building Area Total: 12,447
  • Building Area Units: Square Feet
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Acres: 0.34
  • Lot Size Area: 15,016
  • Lot Size Dimensions: 15,016
  • Lot Size Source: Owner
  • Lot Size Square Feet: 15,016
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 5019028029

Interior

Features

  • Appliances: Free-Standing Range

Other

Location

  • Tax Block: 1
  • Tax Lot: 8,9

Parking

Parking

  • Carport Spaces: 7
  • Carport: Yes
  • Garage Spaces: 18
  • Garage: Yes
  • Open Parking Spaces: 11
  • Parking Features: Carport
  • Parking Total: 36

Utilities

Equipment

  • Electric: Electricity - On Property
  • Heating: Wall Furnace
  • Has Heating: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 4240 Figueroa Street.

Does this multi-family home have parking?

Yes, there are 18 parking spaces available for 4240 Figueroa Street.

How does 4240 Figueroa Street compare to other multi-family homes in Vermont Square?

This multi-family home is listed 250% above the average price for multi-family homes in Vermont Square and has been on the market for 39 more days than the typical home in this area.

4240 Figueroa Street is a -bedroom multi-family home for sale in Los Angeles CA 90037. Listed on Prevu for 151 days at $3,999,999. This includes a recent price decrease of $1,000,000. This property is located in Vermont Square. The median listing price for multi-family homes in this area is $839,750. The home offers parking. Explore 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.

Full MLS Disclaimers

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.