A mixed-use property totaling approximately 2,800 square feet situated on a 7,002 square foot C2-zoned lot along a highly visible commercial corridor in the Highland Park neighborhood of Los Angeles. The property is improved with approximately 1,900 square feet of commercial space configured into two primary units of roughly 800 square feet each, along with two additional storage units, and a separate ~1,000 square foot 3-bedroom, 1-bath residential structure located at the rear of the lot. The site benefits from direct frontage on Figueroa Street with traffic counts exceeding 21,000 vehicles per day and strong surrounding population density of over 880,000 residents within a five-mile radius. The property is currently in receivership and presents a unique opportunity for a buyer to reposition the asset through lease-up, renovation, or redevelopment. Flexible configuration allowing for owner-user occupancy, lease-up, or repositioning. Development potential supported by C2 zoning with Tier 3 TOC incentives and MIIP eligibility. Mixed-use retail/residential property totaling approximately 2,800 Sq Ft on a 7,002 SF C2-zoned lot. High visibility along Figueroa Street with traffic counts exceeding 21,000 vehicles per day. Strong surrounding demographics with dense population; over 266,000 people within 3 miles.

Listing courtesy of Mark Cianciulli of The CREM Group

Based on information from the The MLS as of 2026-07-27 06:05 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.