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RTI Land for Residential Development
For Sale
$2,950,000

16101 South Figueroa Street, Gardena, CA 90248

Ready-to-Issue land for 36 residential units.

Property SizeContact for details
Days on Market296

Property Features for 16101 South Figueroa Street

General Information

Standard status Active
Total Parking Spaces 54
Property subtype Residential Income / Res Income 2-4 Units
Zoning Builder

Building Details

Year Built 2023
Buildings 1
Units 36
Listing Agency: Muller Realtors and Management
Listed By: Mario Pinedo · License #01118365
Source: Compass
Added: Oct 19, 2025 Changed: Aug 8 Last Checked: Jul 16 at 4:47AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Muller Realtors and Management

Investment Insights

Based on property information with market context.

This property features ready-to-issue (RTI) plans for a residential development consisting of 36 units. The proposed development includes all 3-bedroom, 2-bath units, each equipped with interior laundry hookups. The residential component spans four stories, totaling 36,000 square feet. Subterranean parking is planned across two stories, accommodating 54 parking spaces.

Key Highlights

  • 36 Units Ready‑To‑Issue (RTI) permits for immediate development.
  • All units are 3‑bedroom, 2‑bath configurations, appealing to a broad tenant base.
  • Interior laundry hookups in each unit, a highly desirable amenity.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Parking Lot & Garage Real Estate Agency Locksmith (Bike/Boat/Book/etc) Store Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,463
Businesses Nearby

Demographics for 90248, CA

11,295
Population
4,249
Households
2.7
Avg Household Size
42
Median Age
33%
College-Educated
84%
High-School Grad
4.8 sq mi
ZIP Area
2,353
Density / Sq Mi
$81,777
Median Household Income
$45,831
Median Earnings
$1,602
Median Rent
$646,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Ready-to-Issue land for 36 residential units.
Where is this residential land & home lot located?
The property is located at 16101 South Figueroa Street Gardena, CA.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: 36 Units Ready‑To‑Issue (RTI) permits for immediate development.; All units are **3‑bedroom, 2‑bath configurations**, appealing to a broad tenant base.; Interior laundry hookups in each unit, a highly desirable amenity.
More about this property
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