High-Visibility Corner Commercial
4922 S Figueroa St Los Angeles, CA 90037
For Sale
$790,000
Commercial property with excellent visibility, accessibility, and flexible use potential.
Property Size3,401 SF
Lot Size0.10 Acres
Price / SF$232.28
Days on Market94
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
Listing Agency:
Redpoint Realty
(949) 501-8555
Listed By:
Leah Ivy Chang · License #02086695
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 26 at 5:57AM
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
Investment Insights
Based on property information with market context.
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.
Key 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.
Financial Insights For Industrial
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 | $64.5k | $18.96 |
| − Vacancy | −$4.1k | −$1.21 |
| EGI | $60.4k | $17.75 |
| − OpEx | −$18.1k | −$5.32 |
| NOI | $42.2k | $12.42 |
3,401 SF · lease $18.96/SF/yr · vacancy 6.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.19M
$1.04M – $1.38M
NOI $83,068 @ 7.0% cap · market cap 10.51%
Second Best
Industrial
$603.6K
$528.1K – $704.2K
NOI $42,249 @ 7.0% cap · market cap 5.35%
Theoretical Best
Office A
$1.33M
$1.17M – $1.55M
NOI $93,284 @ 7.0% cap · market cap 11.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Tae Gwang Inc
(Bike/Boat/Book/etc) Store
Similar Off Market Nearby
- Boutique De Fleurs — 5501 S Vermont Ave, Los Angeles, CA 90037
- Flower Delivery South Los Angeles — 1100 w 58th pl, los angeles, ca 90044
- Flower Deliver South Los angles — w 58th pl, los angeles, ca 90044
- Ruby's Flowers — 742 W Slauson Ave, Los Angeles, CA 90044
- Hercules Flowers — 742 W Slauson Ave, Los Angeles, CA 90044
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 $790,000.
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.
