3531 Figueroa

Welcome to 3531 N. Figueroa Street — an attractive investment opportunity in the rapidly-evolving Mount Washington and Cypress Park corridor. This 1905 Craftsman-style home sits in one of Northeast LA's most desirable, fastest growing and creative neighborhoods, offering a unique blend of Historic Old City charm, no-sweat access to Downtown, and unlimited development potential.<br />The property features approximately 1,401 square feet of living space on a 3,431 square foot lot, already zoned LARD2, allowing for flexible use and expansion or redevelopment options (buyer to verify City regulations). Whether you’re looking to renovate the beautiful existing structure, add an ADU, or explore small-lot or multi-unit possibilities, this property offers exceptional upside.<br />Inside, the home showcases original character details that tell the story of early Los Angeles architecture. Beautiful hardwood, classy built-in wooden shelving, and an intuitive floor plan create an inviting canvas for restoration or modernization. With a little vision and design creativity, this property could become a showcase residence or a high-yield investment for decades to come. The outside features a generous-sized lot, including a long driveway (never fight for City parking again!), a very fruitful avocado tree and even an enormous basement that can provide unlimited storage options.<br />The location doesn't get much better than this, as you are a brisk walk or just a few minutes drive away from the top of Mount Washington, where endless views, phenomenal parks and even a world-famous meditation center await you. Street frontage to the heart of Fig and some of the most effortless walkability in LA make this a fantastic find, no matter where in town you need to go. Every freeway you'll ever need in LA, the Metro Gold Line and multiple bus lines are all easily within reach of the home, as well as some of the fastest emerging dining, coffee, and art destinations in Northeast LA. This neighborhood continues to attract developers, buy-and-hold investors, and design-forward homeowners looking to be part of L.A.’s next great transformation corridor.<br />Don’t miss this chance to secure a multi-zoned property with true development potential in a neighborhood on the rise. Whether you’re an investor, builder, or visionary homeowner, 3531 N. Figueroa presents an exceptional opportunity to create lasting value in one of Los Angeles’s most dynamic urban settings.