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    550 Figueroa St Los Angeles, CA 90012

    • High-rise multifamily apartments
    • 590,927 SF
    • 3.69 lot acres
    For Lease
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US10-0095637
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

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

    Property Details for 550 Figueroa St

    Year built
    2007
    Construction
    WOOD
    Lot size
    3.69 lot acres
    Property size
    590,927 SF
    Zone code
    LAC2
    Property type
    High-rise multifamily apartments
    APN
    5407-003-036
    APU
    5407003036

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.246
    Latitude
    34.0615
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $2,073,238
    $13,980,944
    $153,855,067
    $167,836,011
    -
    $0.00
    $0.00
    $0.00

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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
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