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    550 Figueroa St Los Angeles, CA 90012

    Sponsored
    For Lease
    Contact for pricing

    Figueroa Street Retail Opportunity: 27,000+ SF Available

    Lot size:
    34,490 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    The Orsini, located at 550 N Figueroa St in Los Angeles, CA 90012, presents a remarkable retail investment opportunity in Los Angeles County. This multi-tenant property boasts a total of 34,490 square feet, with a significant 27,246 square feet currently vacant and ready for immediate occupancy. The flexible space allows for various configurations, accommodating businesses ranging from 1,019 square feet to a maximum contiguous space of 4,450 square feet. Ideal for a diverse range of retail and service businesses, the property's location on Figueroa Street offers excellent visibility and accessibility. The building's design is well-suited for businesses requiring high foot traffic, and the available space is adaptable to meet the needs of various tenants. The property's zoning allows for a variety of uses, including restaurants (with the potential for outdoor dining), grocery stores, convenience stores, beauty salons, drug stores, and insurance agencies, among other possibilities. This is a unique chance to secure a substantial presence in a vibrant Los Angeles market. The property is situated in Los Angeles County and offers a prime location for businesses seeking high visibility and accessibility. Contact us today to learn more about this exceptional opportunity.

    Property Features for 550 Figueroa St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    34,490 SF

    Unit(s) available at that property

    Space
    830
    Size
    1,599 SF
    Space
    840
    Size
    2,460 SF
    Space
    800 A
    Size
    1,688 SF
    Space
    800 B
    Size
    1,692 SF
    Space
    820
    Size
    2,422 SF
    Space
    891
    Size
    1,579 SF
    Space
    871
    Size
    1,422 SF
    Space
    881
    Size
    1,432 SF
    Space
    851
    Size
    1,185 SF
    Space
    861
    Size
    1,019 SF
    Space
    831
    Size
    4,450 SF
    Space
    890
    Size
    1,295 SF
    Space
    880
    Size
    1,408 SF
    Space
    870
    Size
    1,267 SF
    Space
    570
    Size
    2,157 SF
    Space
    841
    Size
    2,350 SF

    HighLights

    • 1,072‑unit mixed‑use development with 34,490 SF of ground floor retail space.
    • Grand fountain entrance, outdoor patio seating, and subterranean parking.
    • High‑visibility street‑facing retail units.
    • Hard corner location at Figueroa & W. Cesar E. Chavez Ave., near Harbor Freeway (110 & 101) in City West.
    • Parking available, terms negotiable.
    • Excellent location near Downtown LA, freeways (101 & 110), and numerous amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Divorce Docket Divorce Lawyer Yaseen Flowers Florist Seven Seas Suppliers Wholesaler Dr. AL Dentist C.L.C. Basketball Gym

    Suggested Use

    Realty agency Spa & Massage Restaurant Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Daycare Center Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.2455813
    Latitude
    34.0616716

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    FAQs

    What type of property is this?
    Individual retail property - Figueroa Street Retail Opportunity: 27,000+ SF Available
    Where is this individual retail property located?
    The property is located at 550 Figueroa St Los Angeles, CA.
    What are key features of this property?
    This property features: 1,072-unit mixed-use development with 34,490 SF of ground floor retail space.; Grand fountain entrance, outdoor patio seating, and subterranean parking.; High-visibility street-facing retail units.
    Request Owner's contact information
    550 Figueroa St Los Angeles, CA 90012
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    Los Angeles, CA 90012
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    550 Figueroa St Los Angeles, CA 90012
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