3531 N Figueroa, Los Angeles, California 90065, Los Angeles, 90065 - 4 bed, 2 bath

3531 N Figueroa, Los Angeles, California 90065 home-pic-0
ACTIVE$899,000
3531 N Figueroa, Los Angeles, California 90065
4Beds
2Baths
1,401Sqft
3,431Lot
Year Built
1905
Close
-
List price
$899K
Original List price
$899K
Price/Sqft
$642
HOA
-
Days on market
-
Sold On
-
MLS number
PW25235010
Home ConditionPoor
Features
Good View: City Lights, Hills
ViewCity Lights,Hills

About this home

Possibly Over-Priced:The estimated price is 5% below the list price. We found 3 Cons,5 Pros. Rank: price - $899.0K(18th), sqft - 1401(42th), beds - 4(86th), baths - 2(50th).

Welcome to 3531 N. Figueroa Street, an incredible opportunity in Northeast LA’s most rapidly transforming neighborhoods — Mount Washington and Cypress Park. This 1905 Craftsman-style home captures the soul of early Los Angeles while offering serious upside for investors, builders, and design-minded homeowners alike. Sitting on a 3,431 sq. ft. LARD2-zoned lot, the property offers flexible development potential — from restoring its timeless character to adding an ADU, pursuing multi-unit or small-lot development, or creating a long-term income property (buyer to verify). With approximately 1,401 sq. ft. of living space, the home features original hardwood floors, charming built-in shelving, and a functional layout that invites creativity and modernization. Outside, you’ll find a long private driveway for easy parking, a productive avocado tree, and a large basement ideal for storage, workspace, or expansion. The property’s street-to-street frontage along Figueroa provides excellent accessibility and visibility. The location is unbeatable — a short walk or quick drive to Mount Washington’s scenic parks, hiking trails, and the world-renowned Self-Realization Fellowship. You’re also steps from the emerging Figueroa corridor, known for its growing lineup of coffee houses, restaurants, and art spaces, as well as easy access to the Metro Gold Line, 110 freeway, and Downtown LA. This stretch of Northeast LA continues to attract developers and creative homeowners eager to be part of Los Angeles’s next great revival. Whether you’re envisioning a restored Craftsman gem, a modern duplex, or a hybrid live/work investment, 3531 N. Figueroa Street stands ready to deliver exceptional potential in one of LA’s most dynamic and desirable urban settings.

Nearby schools

4/10
Loreto Street Elementary School
Public,K-50.2mi
2/10
Aragon Avenue Elementary School
Public,K-50.7mi
6/10
Latona Avenue Elementary School
Public,K-60.7mi
7/10
Mt. Washington Elementary School
Public,K-61.1mi
3/10
Aldama Elementary School
Public,K-61.5mi
4/10
Glassell Park Elementary School
Public,K-61.6mi
5/10
Buchanan Street Elementary School
Public,K-62.1mi
5/10
Toland Way Elementary School
Public,K-62.2mi
5/10
Florence Nightingale Middle School
Public,6-80.3mi
6/10
Luther Burbank Middle School
Public,6-82.7mi
7/10
Benjamin Franklin Senior High School
Public,6-122.0mi
7/10
Eagle Rock High School
Public,7-123.1mi

Price History

Date
Event
Price
10/08/25
Listing
$899,000
10/14/04
Sold
$210,000
Condition Rating
Poor

This 1905 Craftsman home, while possessing original character like hardwood floors and built-ins, explicitly 'invites creativity and modernization' and 'requires extensive modernization' according to the listing analysis. The visible kitchen area is severely outdated with mismatched appliances, suggesting a complete overhaul is needed. No bathrooms are shown, which typically indicates they are also in original or very dated condition. The property requires substantial rehabilitation to meet contemporary living standards, particularly in the kitchen and bathrooms, and to address potential age-related maintenance issues common in a home of this vintage.
Pros & Cons

Pros

Prime Location & Connectivity: Situated in a rapidly transforming Northeast LA neighborhood (Mount Washington/Cypress Park), offering excellent walkability to amenities on Figueroa corridor, scenic parks, and convenient access to Metro Gold Line, 110 freeway, and Downtown LA.
Exceptional Development Potential: The 3,431 sq. ft. LARD2-zoned lot provides significant flexibility for investors and builders, allowing for ADU additions, multi-unit development, or small-lot subdivision (buyer to verify).
Historic Craftsman Charm: A 1905 Craftsman-style home retaining original architectural details such as hardwood floors and built-in shelving, appealing to buyers seeking character and restoration opportunities.
Versatile Basement & Parking: Features a large basement ideal for storage, workspace, or future expansion, complemented by a long private driveway ensuring ample off-street parking.
Scenic Views & High Visibility: Benefits from desirable City Lights and Hills views, along with street-to-street frontage on Figueroa Street, enhancing accessibility and potential for a live/work setup.

Cons

Requires Extensive Modernization: The property, while charming, is a 1905 build that explicitly 'invites creativity and modernization,' indicating a need for substantial updates to meet contemporary living standards and systems.
Listed Above Estimated Value: The current list price of $899,000 is approximately 5% higher than the property's estimated value of $852,201, suggesting a premium that potential buyers will need to justify.
Potential for Age-Related Maintenance: As a historic home from 1905, buyers should anticipate potential costs associated with updating or repairing older infrastructure, such as plumbing, electrical, and potentially the roof or foundation, which are not explicitly stated as recently upgraded.

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