16101 S Figueroa Gardena, CA ^$ 2,900,000

16101 S Figueroa

^$ 2,900,000

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16101 S Figueroa

Gardena, CA, 90248

^$ 2,900,000

Studio Baths0.0 Sq 98,000

Monthly Estimate*

^$ 18,311

Listed by Keller Williams Realty-Studio City

16101 S Figueroa, Gardena, CA 90248 - Image 1

16101 S Figueroa, Gardena, CA 90248 - Image 2

Studio

Multi-Family Home for sale in Gardena, CA

for $2,900,000. This 98,000 square foot home was built in 2023 on a lot size of 0.4458.

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.

Multi-Family Active

Price

^$ 2,900,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.4458

Year Built

2023

Town/City

Gardena

County/Region

Los Angeles

MLS | Web ID

SR26007642

Days on Market

233

Features

General

Sewer Public Sewer

Garage Spaces 54

Pool Features None

Year Built 2023

Property Subtype Apartment

Gross Income 0

Community Features Urban

County Los Angeles

Net Operating Income 0

Operating Expense 0

Insurance Expense 0

New Construction false

Property Type Residential Income

Garage Y/N true

Special Listing Conditions Standard

Status Active

Directions Corner of Alandra and Figueroa St

City Gardena

Entry Location 1

Senior Community Y/N false

Number Of Units Total 140

MLS Area 119 - Central Gardena

Lot Size Units Square Feet

Lot Size Square Feet 19421

Listing Terms Cash to New Loan Owner Will Carry

Property Attached Y/N false

Land Lease Y/N false

Electric Expense 36

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N false

Rent Control Y/N false

Building Area Units Square Feet

Standard Status Active

Year Built Source Builder

Tax Lot 1

Property Sub Type Additional Apartment

Interior

Total Stories 4

Common Walls No Common Walls

Laundry Features None

Entry Level 1

Exterior

Lot Features 36-40 Units/Acre

Water Source Public

Total Parking 54

Lot Size Area 19421

Number of Buildings 1

Building Area Total 98000

Lot Size Acres 0.4458

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 0

Number of Separate Gas Meters 0

Number of Separate Electric Meters 0

* Excluded Features

List By

Keller Williams Realty-Studio City

Broker

b.lavi@kw.com

Affordability Calculator

$18,311

Per Month

Monthly Principal & Interest: $18,311
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Gardena, CA

Average List Price ^$2,879,114

Percent of Sale Price 1%

About Gardena, CA

59,812 Population

3% Since 2002

^$51,555 Median Income

39.66 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/24/2026	$2,900,000	-1.69%	Price Down
3/9/2026	$2,950,000	3.51%	Price Up
2/24/2026	$2,850,000		Listed Price

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16101 S Figueroa, Gardena, CA, 90248 is a Multi-Family Home for sale at $2,900,000 with 98,000 sqft and a lot size of 0.4458. 16101 S Figueroa is a studio with 0.0 baths and was built in 2023. The property's zip code is 90248 which is in Gardena, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 9/1/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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16101 S Figueroa

Multi-Family Home for sale in Gardena, CA

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