What is the rent for a studio at 1240 S FIGUEROA ST, Los Angeles, CA 90015?

Based on recent listing data, rent for a studio at 1240 S FIGUEROA ST, Los Angeles, CA 90015 ranges from $2,372 to $3,208 per month, with a median of $2,790.

What is the rent for a 1-bedroom at 1240 S FIGUEROA ST, Los Angeles, CA 90015?

Based on recent listing data, rent for a 1-bedroom at 1240 S FIGUEROA ST, Los Angeles, CA 90015 ranges from $2,652 to $3,588 per month, with a median of $3,120.

What is the rent for a 2-bedroom at 1240 S FIGUEROA ST, Los Angeles, CA 90015?

Based on recent listing data, rent for a 2-bedroom at 1240 S FIGUEROA ST, Los Angeles, CA 90015 ranges from $3,349 to $4,531 per month, with a median of $3,940.

What is the rent for a 3-bedroom at 1240 S FIGUEROA ST, Los Angeles, CA 90015?

Based on recent listing data, rent for a 3-bedroom at 1240 S FIGUEROA ST, Los Angeles, CA 90015 ranges from $4,259 to $5,762 per month, with a median of $5,010.

What is the rent for a 4-bedroom at 1240 S FIGUEROA ST, Los Angeles, CA 90015?

Based on recent listing data, rent for a 4-bedroom at 1240 S FIGUEROA ST, Los Angeles, CA 90015 ranges from $4,718 to $6,382 per month, with a median of $5,550.

How does rent at 1240 S FIGUEROA ST, Los Angeles, CA 90015 compare to the neighborhood?

Compared to other buildings in the 90015 zip code: studio rents are about 21% above the neighborhood median; 1-bedroom rents are about 17% above the neighborhood median; 2-bedroom rents are about 13% above the neighborhood median; 3-bedroom rents are about 68% above the neighborhood median.

Is 1240 S FIGUEROA ST, Los Angeles, CA 90015 rent stabilized?

Based on available records, 1240 S FIGUEROA ST, Los Angeles, CA 90015 is not currently registered as rent stabilized. Rents at this building are likely set at market rate.

When is the cheapest time to rent at 1240 S FIGUEROA ST, Los Angeles, CA 90015?

Based on historical listing data, April tends to be the most affordable month to sign a lease at 1240 S FIGUEROA ST, Los Angeles, CA 90015, while October is typically the most expensive. Timing your move to April could save approximately 17% compared to peak pricing.

What is the building rating for 1240 S FIGUEROA ST, Los Angeles, CA 90015?

1240 S FIGUEROA ST, Los Angeles, CA 90015 has an overall grade of B with a score of 3.1 out of 5 on Lucid Rents. This score is based on violations, complaints, and tenant reviews.

Are there violations or complaints at 1240 S FIGUEROA ST, Los Angeles, CA 90015?

Yes, 1240 S FIGUEROA ST, Los Angeles, CA 90015 has 9 housing violations and 8 complaints on record. Visit the building page on Lucid Rents to see the full history, including violation classes and complaint types.

What schools are near 1240 S FIGUEROA ST, Los Angeles, CA 90015?

There are 7 schools near 1240 S FIGUEROA ST, Los Angeles, CA 90015, including 4 public schools, 3 charter schools, 0 private schools. Nearby schools include Olympic Primary Center (10 min walk), Early College Academy-La Trade Tech College (12 min walk), Tenth Street Elementary (12 min walk), Norwood Street Elementary (16 min walk), Alliance Dr. Olga Mohan High (8 min walk), and more.

What public transit is near 1240 S FIGUEROA ST, Los Angeles, CA 90015?

1240 S FIGUEROA ST, Los Angeles, CA 90015 has 4 transit options nearby. The closest include: bus: Grand / Washington (93-13196, 55-13196, 14-13196), 0.57 mi away.

Is 1240 S FIGUEROA ST, Los Angeles, CA 90015 safe? What is the crime rate nearby?

The 90015 zip code where 1240 S FIGUEROA ST, Los Angeles, CA 90015 is located has 1,124 crime incidents on record. Check the neighborhood report card for 90015 for a full breakdown by crime type.

1240 S FIGUEROA ST — Rent Intelligence for Downtown, LA

Downtown · Los Angeles, CA 90015

Current rent range

$2,372 – $6,382 / mo

5 bedroom bands tracked · sampled from recent listings

Leave a review

★★★★★0.00 reviews

Verified reviews

1240 S FIGUEROA ST

Los Angeles, CA 90015

HPD violations9last 7 years · class A, B, C

Evictions filed0last 7 years

Tenant reviews0no reviews yet

Rent-stab units—no coverage

Building age—year unknown

311 complaints8last 7 years

01 / 10

Rental intelligence.

Neighborhood Median Rent

Downtown · March 2026

Studio

$2,790/mo

1 BR

$3,120/mo

2 BR

$3,940/mo

3 BR

$5,010/mo

4 BR

$5,550/mo

Compare this building's listings above against the neighborhood medians.

Seasonal Pattern

Best & worst months to sign a lease

Cheapest

April

Most expensive

October

JFMAMJJASOND

Potential savings: ~17% by timing your move to April.

Rent vs. area median Downtown

Studio

This building: $2,372 – $3,208

21% aboveArea: $2,306

1 BR

This building: $2,652 – $3,588

17% aboveArea: $2,662

2 BR

This building: $3,349 – $4,531

13% aboveArea: $3,486

3 BR

This building: $4,259 – $5,762

68% aboveArea: $2,990

4 BR

This building: $4,718 – $6,382

—Area: —

Units Historic Rent 0 listings

—No dataNo recent listings

Neighborhood Rent Range Downtown

Studio

$2,306

$2,306

1 Bed

$3,120

$2,584 – $2,741

2 Bed

$3,940

$3,446 – $3,526

3 Bed

$2,990

$2,990

4 Bed

$5,550

$4,718 – $6,382

Range (P25 – P75)MedianBased on recent listings in Downtown

01 / 09

Rental intelligence.

01b / 09

Rent trends.

Downtown Los Angeles

Quarterly market rent, 2014–2026 (latest = Q1 2026 forecast)

Asking rent

$2,764

current quarter

Effective rent

—

per bedroom only

YoY change

-0.7%

asking, vs 1 yr ago

10-year change

asking, since ~'16

Asking rent per bedroom type — switch tabs to see each with effective (concession-net) rent.

01b / 09

Rent trends.

02 / 10

Violations, 311, & more.

hpd · dob · 311 · acris
last 7 years

Violation & Complaint Trends

Monthly counts over the last 7 years · all data sources

Improving

HPDTop Violations

9 total

Uncategorized
9

311Top Complaints

8 total

Graffiti Removal
4
Street Pavement Issues
1
Barricade Removal
1
Animal Complaint/Violation
1
Landscape Maintenance
1

DOBTop Filings

0 total

DOB Violations
0

EvictionsEvictions

0 filed

Evictions filed
0

Violations by Unit

(1 unit)

UnitViolationsOpenLast Inspected

Recent records

Last 7 years

Class NOpenJun 16, 2025
NAR
Class NOpenJun 16, 2025
NAR
Class NOpenJun 16, 2025
NAR
Class NOpenJun 16, 2025
NAR
Class NOpenJun 16, 2025
NAR

See all 9 HPD records

02 / 09

Violations, 311, & more.

07 / 10

About this area.

Downtown · 90015

1240 S FIGUEROA ST · Downtown · 34.041° N, -118.267° W

Walk

Transit

Bike

Estimated from nearby transit & amenity data

4 bus stops nearby11 min

7 schools nearby10 min

Nearby Transit

BUS

Grand / Washington93-1319655-1319614-13196
0.6 mi11 min
Grand / Washington935514/37
0.6 mi11 min
Grand / Washington35-13196
0.6 mi12 min
Grand / Washington35/38
0.6 mi12 min

Nearby Schools & Colleges

PUBLIC SCHOOLS

Olympic Primary CenterKG
0.5 mi10 min
Early College Academy-La Trade Tech College9-12
0.6 mi12 min
Tenth Street Elementary1-5
0.6 mi12 min
Norwood Street ElementaryKG-6
0.8 mi16 min

CHARTER SCHOOLS

Alliance Dr. Olga Mohan High9-12
0.4 mi8 min
Jardin De La InfanciaKG-1
0.5 mi10 min
Equitas Academy 5KG-4
0.6 mi13 min

The neighborhood

Downtown

South Park is DTLA's sports and entertainment hub -- Crypto.com Arena, the Convention Center, and LA Live anchor the area. New luxury towers have reshaped the skyline, drawing young professionals who want an urban lifestyle steps from the action.

6,443buildings tracked3.6avg LucidIQ$2,662median 1BR

25,554population$62kmedian income91%renters

EntertainmentHigh-Rise LivingUrbanNightlifeSports

Explore Downtown

Neighborhood overview

Downtown→

Vibe · top buildings · landlords · schools · transit

Crime in 90015

See full breakdown→

Incident type · 6-month trend · vs. Los Angeles average

Rent trends in Downtown

Median rent & comparables→

1BR & 2BR averages · month-over-month · current listings

Nearby neighborhoods to explore

Downtown· 0.89 mi Downtown· 0.95 mi Downtown· 1.12 mi Downtown· 1.24 mi South LA· 1.4 mi

Browse all Los Angeles neighborhoods

06 / 10

Crime & safety.

07 / 10

About this area.

08 / 10

History of the building.

construction · ownership · permits

1970198019902000201020202030

Recent Activity

17 events

311MEDIUMMay 13, 2026
Barricade Removal — Self Service
311MEDIUMMay 6, 2026
Street Pavement Issues — Self Service
311MEDIUMMay 6, 2026
Landscape Maintenance — Self Service
311MEDIUMApr 22, 2026
Animal Complaint/Violation — Self Service
311MEDIUMJul 11, 2025
Graffiti Removal — Driver Self Report
HPDLOWJun 16, 2025
HPD Class N Violation — NAR
HPDLOWJun 16, 2025
HPD Class N Violation — NAR
HPDLOWJun 16, 2025
HPD Class N Violation — NAR
HPDLOWJun 16, 2025
HPD Class N Violation — NAR
HPDLOWJun 16, 2025
HPD Class N Violation — NAR

07 / 09

History of the building.

10 / 10

Frequently asked questions.

What is the rent for a studio at 1240 S FIGUEROA ST, Los Angeles, CA 90015?
Based on recent listing data, rent for a studio at 1240 S FIGUEROA ST, Los Angeles, CA 90015 ranges from $2,372 to $3,208 per month, with a median of $2,790.
What is the rent for a 1-bedroom at 1240 S FIGUEROA ST, Los Angeles, CA 90015?
Based on recent listing data, rent for a 1-bedroom at 1240 S FIGUEROA ST, Los Angeles, CA 90015 ranges from $2,652 to $3,588 per month, with a median of $3,120.
What is the rent for a 2-bedroom at 1240 S FIGUEROA ST, Los Angeles, CA 90015?
Based on recent listing data, rent for a 2-bedroom at 1240 S FIGUEROA ST, Los Angeles, CA 90015 ranges from $3,349 to $4,531 per month, with a median of $3,940.
What is the rent for a 3-bedroom at 1240 S FIGUEROA ST, Los Angeles, CA 90015?
Based on recent listing data, rent for a 3-bedroom at 1240 S FIGUEROA ST, Los Angeles, CA 90015 ranges from $4,259 to $5,762 per month, with a median of $5,010.
What is the rent for a 4-bedroom at 1240 S FIGUEROA ST, Los Angeles, CA 90015?
Based on recent listing data, rent for a 4-bedroom at 1240 S FIGUEROA ST, Los Angeles, CA 90015 ranges from $4,718 to $6,382 per month, with a median of $5,550.
How does rent at 1240 S FIGUEROA ST, Los Angeles, CA 90015 compare to the neighborhood?
Compared to other buildings in the 90015 zip code: studio rents are about 21% above the neighborhood median; 1-bedroom rents are about 17% above the neighborhood median; 2-bedroom rents are about 13% above the neighborhood median; 3-bedroom rents are about 68% above the neighborhood median.
Is 1240 S FIGUEROA ST, Los Angeles, CA 90015 rent stabilized?
Based on available records, 1240 S FIGUEROA ST, Los Angeles, CA 90015 is not currently registered as rent stabilized. Rents at this building are likely set at market rate.
When is the cheapest time to rent at 1240 S FIGUEROA ST, Los Angeles, CA 90015?
Based on historical listing data, April tends to be the most affordable month to sign a lease at 1240 S FIGUEROA ST, Los Angeles, CA 90015, while October is typically the most expensive. Timing your move to April could save approximately 17% compared to peak pricing.
What is the building rating for 1240 S FIGUEROA ST, Los Angeles, CA 90015?
1240 S FIGUEROA ST, Los Angeles, CA 90015 has an overall grade of B with a score of 3.1 out of 5 on Lucid Rents. This score is based on violations, complaints, and tenant reviews.
Are there violations or complaints at 1240 S FIGUEROA ST, Los Angeles, CA 90015?
Yes, 1240 S FIGUEROA ST, Los Angeles, CA 90015 has 9 housing violations and 8 complaints on record. Visit the building page on Lucid Rents to see the full history, including violation classes and complaint types.
What schools are near 1240 S FIGUEROA ST, Los Angeles, CA 90015?
There are 7 schools near 1240 S FIGUEROA ST, Los Angeles, CA 90015, including 4 public schools, 3 charter schools, 0 private schools. Nearby schools include Olympic Primary Center (10 min walk), Early College Academy-La Trade Tech College (12 min walk), Tenth Street Elementary (12 min walk), Norwood Street Elementary (16 min walk), Alliance Dr. Olga Mohan High (8 min walk), and more.
What public transit is near 1240 S FIGUEROA ST, Los Angeles, CA 90015?
1240 S FIGUEROA ST, Los Angeles, CA 90015 has 4 transit options nearby. The closest include: bus: Grand / Washington (93-13196, 55-13196, 14-13196), 0.57 mi away.
Is 1240 S FIGUEROA ST, Los Angeles, CA 90015 safe? What is the crime rate nearby?
The 90015 zip code where 1240 S FIGUEROA ST, Los Angeles, CA 90015 is located has 1,124 crime incidents on record. Check the neighborhood report card for 90015 for a full breakdown by crime type.

09 / 09

Frequently asked questions.

09 / 10

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08 / 09

Similar buildings nearby.

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Building record last updated 2 days ago. Sourced from HPD, DOB, 311, and Lucid Rents data syncs.