3531 Figueroa, Los Angeles CA 90065 | $899,000

Welcome to 3531 N. Figueroa Street, an incredible opportunity in Northeast LAs 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, youll find a long private driveway for easy parking, a productive avocado tree, and a large basement ideal for storage, workspace, or expansion. The propertys street-to-street frontage along Figueroa provides excellent accessibility and visibility. The location is unbeatable a short walk or quick drive to Mount Washingtons scenic parks, hiking trails, and the world-renowned Self-Realization Fellowship. Youre 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 Angeless next great revival. Whether youre envisioning a restored Craftsman gem, a modern duplex, or a hyb