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1959 Firestone
Los Angeles Los Angeles 90001

$1,045,000
Residential Income beds: 1 baths: 3.0 0 sq. ft. built: 0

Main Photo: Residential Income for sale : 1 bedrooms : 1959 Firestone in Los Angeles
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Status:
Active Under Contract
Prop. Type:
Residential Income
MLS® Num:
306588935
Bedrooms:
1
Bathrooms:
3
PRIME MIXED-USE INVESTMENT & DEVELOPMENT OPPORTUNITY 1959 Firestone Blvd is a high-visibility corner property featuring LCC3 high-density zoning, High TOC Tier eligibility, and inclusion in the Florence-Firestone Transit Oriented District (FFTOD) Specific Plan. Located just steps from the Metro A Line Firestone Station, this site is positioned within a rapidly improving transit corridor targeted for walkable, mixed-use growth by Los Angeles County. The property consists of an established commercial space (rented) plus two(rented) residential units, offering immediate income potential or a clear value-add opportunity. The FFTOD plan provides expanded development capacity, streamlined process, and incentives for housing productionmaking this an exceptional option for affordable housing, urban infill, or mixed-use redevelopment. A strong opportunity for investors, developers, or mission-driven builders seeking a transit-rich Los Angeles location with significant long-term upside.
Property Sub Type:
Res Income 2-4 Units
Number of Buildings:
2
County Or Parish:
Los Angeles
Neighborhood Code:
Florencer-Firestone
Total Building Area:
0 sq. ft.
Total Floor Area:
0 sq. ft.
Total Bedrooms:
1
Bathrooms:
3
Half Bathrooms:
0
Total Stories:
1
Year Built:
0
Age (in years):
2,025 year(s)
Mello Roos Fee:
$1,744
Mello Roos Fee Frequency:
Year
Monthly Total Fees:
$145
Terms:
Cash, Conventional, Exchange
Gross scheduled income:
98400.0
Operating expense:
16150.0
Number of Units:
3
Tenant pays:
Electricity, Gas/Propane, Water
Unit Number for Unit 1:
1
Unit Number for Unit 2:
2
Unit Number for Unit 3:
3
Driving East to West, S Alameda Right to E. 83rd St., Left on S. Fir Ave.
Site Influences:
Corner Lot, Curbs, Sidewalks
Lot Size:
6,081 sq. ft.
Parcel Number:
6026028015
Cooling:
N/K
Pool Features:
N/K
Zoning:
Assessor
Possession Details:
Close of Escrow
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Listed by Good Opportunity Company Inc.
Data was last updated December 16, 2025 at 07:10 PM (UTC)
Area Statistics
Listings on market:
766
Avg list price:
$1,000,000
Min list price:
$379,000
Max list price:
$10,990,000
Avg days on market:
99
Min days on market:
1
Max days on market:
1,993
These statistics are generated based on the current listing's property type and located in Los Angeles. Average values are derived using median calculations. This data is not produced by the MLS® system.
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