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    High-Visibility Corner Commercial Property Title is generated by Realmo AI

    4922 S Figueroa St, Los Angeles, CA 90037

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    Claim this Listing
    For Sale
    $1,000,000

    Commercial property with excellent visibility, accessibility, and flexible use potential.

    Type:Commercial
    Property size:
    3,401 SF
    Lot size:
    0.10 Acres
    Price / SF:
    $294/SF
    Added:
    Apr 24, 2026
    Days on Market:
    49
    Last Refresh:
    Apr 24 at 3:09 pm

    Property Features for 4922 S Figueroa St

    General Information

    Standard status
    Active
    Size
    3,401 SF
    Lot size
    0.10 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1939

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    Listing Contact
    Leah Ivy Chang

    Listing agent Leah Ivy Chang License #02086695

    Listing office Redpoint Realty

    Listing date Apr 24, 2026

    Source Elliman

    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 Redpoint Realty

    HighLights

    • High‑visibility corner location on Figueroa Street with strong street exposure and consistent traffic flow.
    • LAC2 zoning allows for a variety of commercial uses.
    • Functional 3,401 sq ft building on a 4,437 sq ft lot, currently used as a signage business.
    • Suitable for owner‑users seeking visibility and operational flexibility or investors looking for long‑term upside.
    • Convenient access to major freeways.
    • Very Bikeable (bikeScore 82) and Very Walkable (walkScore 79) location.

    Overview

    This commercial property, situated on a prominent corner along S Figueroa Street in South Los Angeles, offers excellent visibility, accessibility, and flexible use potential. The property is zoned LAC2, making it suitable for a variety of commercial uses, including storefront retail, small industrial, or light manufacturing operations, subject to buyer's due diligence and city approval. The site features an approximately 3,401 square foot building on a 4,437 square foot lot. Currently utilized as a signage business, the existing improvements offer functional space well-suited for small industrial or light manufacturing use, as well as customer-facing storefront operations, depending on intended use and approvals. The corner location along Figueroa Street provides strong street exposure and consistent traffic flow, making it ideal for owner-users seeking visibility and operational flexibility or investors looking for long-term upside in a well-traveled commercial corridor. Convenient access to major freeways further enhances the property's appeal. The location has a bike score of 82, indicating it is very bikeable, a walk score of 79, indicating it is very walkable, and a transit score of 60, indicating good transit options.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $126.1k $37.08
    − Vacancy −$7.4k −$2.19
    EGI $118.7k $34.89
    − OpEx −$35.6k −$10.47
    NOI $83.1k $24.42
    3,401 SF · lease $37.08/SF/yr · vacancy 5.90% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.19M
    $1.04M – $1.38M (±1% cap)
    NOI $83,068 @ 7.0% cap · market cap 8.31%
    Second Best
    Industrial
    $603.6K
    $528.1K – $704.2K (±1% cap)
    NOI $42,249 @ 7.0% cap · market cap 4.22%
    Theoretical Best
    Office A
    $1.33M
    $1.17M – $1.55M (±1% cap)
    NOI $93,284 @ 7.0% cap · market cap 9.33%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Tae Gwang Inc (Bike/Boat/Book/etc) Store

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Flower Delivery South Los Angeles — 1100 w 58th pl, los angeles, ca 90044
    • Claudio's Flower shop — 5905 S Broadway, Los Angeles, CA 90003
    • LA's Finest Flower shop — 5905 S Broadway, Los Angeles, CA 90003
    • Flower Deliver South Los angles — w 58th pl, los angeles, ca 90044
    • Ruby's Flowers — 742 W Slauson Ave, Los Angeles, CA 90044

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.28248
    Latitude
    33.99761

    FAQs

    What type of property is this?
    Storefront property - Commercial property with excellent visibility, accessibility, and flexible use potential.
    Where is this storefront property located?
    The property is located at 4922 S Figueroa St Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: High‑visibility corner location on Figueroa Street with strong street exposure and consistent traffic flow.; LAC2 zoning allows for a variety of commercial uses.; Functional 3,401 sq ft building on a 4,437 sq ft lot, currently used as a signage business.
    More about this property
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