Fig Retail | 6801 N Figueroa St
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Fig Retail 6801 N Figueroa St
5,811 SF 69% Leased Retail Building Los Angeles, CA 90042 $2,050,000 ($353/SF) 6.68% Cap Rate
Investment Highlights
- Strategic corner location with frontage along North Figueroa St. just mins. north of York Blvd. and N. Figueroa St. intersection.
- Large lot size: 14,000+ SF lot zoned RD1.5-1HCR (low-density residential).
- 5,811 SF of building area with 4 separate retail suites. (2 currently renter-occupied, 2 currently operated by the current ownership
- Value-Add Opportunity, or Possible Development
Executive Summary
Growth Investment Group is proud to present 6801 N. Figueroa Street is a small corner retail property located a few minutes north of Highland Park’s central retail corridors, York Blvd. and Figueroa Street. Built in 1974, the property offers 5,811 SF of building area and sits
upon a 14,000+ SF lot. In total, there are 4 retail suites, two of which are currently jointly occupied by family-owned businesses, La Petite Flower Shop/general store, and La Petite Beauty Salon/Barber. (Florist/Salon occupy approx. 3,900 combined SF) The other 2 suites currently house the current ownership’s (Non-Profit Organization’s) on-site
chapel, and a Commercial Kitchen/Meeting Room used by the current ownership. This Commercial Kitchen/Meeting Room suite was fully renovated in 2020 with new flooring, kitchen appliances, etc. 6801 N. Figueroa St. has a non-gated corner parking lot with 8 parking spaces (7 surface spaces + 1 handicap surface space.) This parking lot is accessible from N. Figueroa St. and from La Prada St. The storefront/retail suite that currently operates as a chapel was not originally constructed or designated for religious purposes.
Property is available individually or as a portfolio.
Do not walk the property without the listing agent or disturb the commercial tenants business.
upon a 14,000+ SF lot. In total, there are 4 retail suites, two of which are currently jointly occupied by family-owned businesses, La Petite Flower Shop/general store, and La Petite Beauty Salon/Barber. (Florist/Salon occupy approx. 3,900 combined SF) The other 2 suites currently house the current ownership’s (Non-Profit Organization’s) on-site
chapel, and a Commercial Kitchen/Meeting Room used by the current ownership. This Commercial Kitchen/Meeting Room suite was fully renovated in 2020 with new flooring, kitchen appliances, etc. 6801 N. Figueroa St. has a non-gated corner parking lot with 8 parking spaces (7 surface spaces + 1 handicap surface space.) This parking lot is accessible from N. Figueroa St. and from La Prada St. The storefront/retail suite that currently operates as a chapel was not originally constructed or designated for religious purposes.
Property is available individually or as a portfolio.
Do not walk the property without the listing agent or disturb the commercial tenants business.
Financial Summary (Pro forma - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts In Escrow
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
5,811 SF
Building Class
C
Year Built
1974
Price
$2,050,000
Price Per SF
$353
Cap Rate
6.68%
NOI
$136,940
Percent Leased
69%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.42
Lot Size
0.32 AC
Zoning
LARD1.5 - Restricted Density Multiple Dwelling One-Family Dwellings, Two-Family Dwellings, Apartment Houses, Multiple Dwellings, Home Occupations
Parking
12 Spaces (2.07 Spaces per 1,000 SF Leased)
Frontage
107 FT on Figueroa St
Amenities
- Bus Line
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 5486-004-033 | Improvements Assessment | $272,823 (2024) |
| Land Assessment | $190,403 (2024) | Total Assessment | $463,226 (2024) |
PROPERTY TAXES
Parcel Number
5486-004-033
Land Assessment
$190,403 (2024)
Improvements Assessment
$272,823 (2024)
Total Assessment
$463,226 (2024)
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Fig Retail | 6801 N Figueroa St
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