1959 Firestone, Los Angeles, CA 90001

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Sold Price
$950,000
List Price
$1,045,000
Closing Date
Feb 27, 2026
Status
CLOSED
MLS#
DW25261032
Year Built
1946
Lot Size
6,079
Acres
0.14
Lot Location
2-5 Units/Acre, Corner Lot, Near Public Transit
Days on Market
104
Property Type
Multifamily
Property Sub Type
Triplex

Property Description

BOM 01/10/2026. 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.

Additional Information

Pool Description
None
Heat
Wall Furnace
Cooling Description
None
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
3
Gross Scheduled Income
$98,400
Operating Expense
16150
Garage Spaces
4
Parking Spaces
4

Listing courtesy of Listing Agent: Alberto A Romero Meza (aarm2099@gmail.com) from Listing Office: Good Opportunity Company Inc..

Listing sold by Alberto A Romero Meza from Good Opportunity Company Inc.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.