Los Angeles, CA 90001,1959 Firestone
Los Angeles, CA 90001,1959 Firestone
Los Angeles, CA 90001,1959 Firestone
Los Angeles, CA 90001,1959 Firestone
Los Angeles, CA 90001,1959 Firestone
Los Angeles, CA 90001,1959 Firestone
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$ 1,045,000
Est. payment | /mo

$ 1,045,000
Est. payment | /mo

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID DW25261032

HOA Y/N No

Year Built 1946

Property Sub-Type Triplex

Property Description

PRIME MIXED-USE INVESTMENT & DEVELOPMENT OPPORTUNITY
1959 Firestone Blvd is a high-visibility corner property featuring LCC3 high-density zoning, High TOC Tier eligibility, and inclusion in the Florence-Firestone Transit Oriented District (FFTOD) Specific Plan. Located just steps from the Metro A Line Firestone Station, this site is positioned within a rapidly improving transit corridor targeted for walkable, mixed-use growth by Los Angeles County.
The property consists of an established commercial space (rented) plus two(rented) residential units, offering immediate income potential or a clear value-add opportunity. The FFTOD plan provides expanded development capacity, streamlined process, and incentives for housing production—making this an exceptional option for affordable housing, urban infill, or mixed-use redevelopment.
A strong opportunity for investors, developers, or mission-driven builders seeking a transit-rich Los Angeles location with significant long-term upside.

Location

State CA

County Los Angeles

Area C37 - Metropolitan South

Interior

Heating Wall Furnace

Cooling None

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Parking Features Carport

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Curbs, Storm Drain(s), Street Lights, Suburban, Sidewalks

Total Parking Spaces 4

Private Pool No

Building

Lot Description 2-5 Units/Acre, Corner Lot, Near Public Transit

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 6026028015

Acceptable Financing Cash, Conventional, 1031 Exchange, Submit

Listing Terms Cash, Conventional, 1031 Exchange, Submit

Special Listing Condition Standard

Virtual Tour https://www.wellcomemat.com/mls/5e8v12b7d6df1me7e

CRMLS – RECore
Listed by Alberto A Romero Meza Good Opportunity Company Inc. 562-602-8550

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1959 Firestone