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- Listed price
- $1,600,000
- Listed Jan 29, 2026
- Last sold price
- No recorded sale
10,246 sqft lot|1948 Built|217 MLS days on market
10918 S Figueroa, Los Angeles, CA 90061
Property Description
Seller Financing available!! A rare South Los Angeles value-add opportunity — two contiguous parcels totaling approx. 10,246 sq ft, improved with an 11-unit motel configuration (10 guest rooms plus a 2-bed/2-bath manager’s unit, WITH KITCHEN, 1,400 sq.ft.). The property is ready for redevelopment, repositioning, or adaptive reuse. Zoned C2-1VL, potentially offering flexible pathways including Veterans Housing, RCFE (residential Care Facility for Elderly) motel operations, Assisted Living, Rehab Center, Mixed-Use, Multifamily, Micro-Units, or Supportive Housing Conversion, massage therapy (buyer to verify potential uses with City). Approx. 4,254 sq ft of existing improvements, 12 parking spaces, and excellent frontage along Figueroa St near the 110 Freeway. The sale includes APN:6075-033-028 and 6075-033-029. Property renovated in 2015. Approx. 8 miles from LAX airport, close to highway 105 & 110, shopping and restaurants. Strong demand drivers, dense surrounding population, and proximity to major employment hubs make this an attractive acquisition for investors, operators, and developers. Buyer to conduct their own due diligence regarding zoning, permits, and allowable uses.
Listing agent: JENNIFER RUTLEDGEDRE #01963407jenny@primetimerealtyca.com, Listing office: PRIMETIME REALTY
MLS data updated 10/31/2026, 9:02:16 AM PT
Source: CRMLSMLS #: CV26022886
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Latest asking price$1,600,000
Jun 29, 2026
Available records22026
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,600,000Asking price recorded · Jun 29, 2026ZIP 90061 · Jun 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 2 price recordsJan 29, 2026 – Jun 29, 2026
ZIP 90061 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
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ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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