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Executive Summary

Introducing 4760 and 4766 S. Figueroa Street, a unique two assessor parcel number assemblage located in the Vermont Square neighborhood of Los Angeles (within close proximity to USC). Offered together for sale, these three contiguous lots present a rare opportunity for investors, developers, medical operators, and visionary entrepreneurs seeking a strategic location with exceptional redevelopment potential. The centerpiece of the offering, 4760 S. Figueroa Street, features a 2,525-square-foot commercial building that was originally operated as a motel before being legally converted and renovated into a medical office complex. Most recently, the property served as a multi-physician clinic under the name Western Health Care, demonstrating its adaptability for healthcare and professional office use. Zoned for multi-family/commercial hybrid use, the existing structure provides immediate utility while the two adjoining parcels create a substantial development opportunity. Together, the three lots form a prominent corner-lot assemblage offering approximately 23,309 square feet of land. Whether your vision includes student housing, a medical campus, mixed-use development, workforce housing, professional offices, retail, or another value-add commercial project, this property provides the flexibility and location to bring those plans to life. Property Highlights: 1. Three contiguous lots sold together 2. Prominent corner-lot location 3. Existing 2,525 SF medical office building 4. Formerly operated as Western Health Care clinic 5. Multi-family/commercial hybrid zoning 6. Significant redevelopment and value-add potential 7. Located near major transportation corridors, educational institutions, and employment centers 8. Ideal for medical, residential, mixed-use, student housing, or commercial development 9. Prior approved entitlement building plans (expired). This is an opportunity to acquire a versatile property with an existing income-producing structure and substantial upside through redevelopment. Bring your vision and unlock the full potential of this highly visible Los Angeles corner site. Contact us today for additional information, parcel details, and development possibilities. Note: Total land area to be verified based on all three lot sizes.

Property Facts

Price $3,000,000
Price Per Bed $3,000,000
Sale Type Investment or Owner User
Sale Condition Deferred Maintenance
Property Type Health Care
Lot Size 0.54 AC
Building Size 2,525 SF
No. Beds 1
No. Stories 1
Year Built/Renovated 1941/1962
Zoning C2-1VL-CPIO - Commercial Zone Legal and Conforming

Amenities

  • Controlled Access
Fairly walkable
50/100
Exceptionally drivable
90/100
Good public transit
70/100
Fairly bikeable
50/100
  • Listing ID: 40964637

  • Date on Market: 6/17/2026

  • Last Updated:

  • Address: 4760 S Figueroa St, Los Angeles, CA 90037

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