Los Angeles, CA 90044,1021 W 94th St
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$ 1,250,000
Est. payment | /mo

3 Beds

1 Bath

1,316 SqFt


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$ 1,250,000
Est. payment | /mo
Save

3 Beds

1 Bath

1,316 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,316 sqft

Price per Sqft $949

MLS Listing ID 25510213

Style California Bungalow

Bedrooms 3

Full Baths 1

HOA Y/N No

Year Built 1924

Lot Size 9,227 Sqft

Acres 0.2118

Property Sub-Type Single Family Residence

Property Description

Development Opportunity in Prime Los Angeles Area. Build 5 Units Located in the highly sought-after area of Los Angeles. This development opportunity offers the perfect blend of rental income and future potential. The existing single-family home provides immediate rental income of $3,300 per month, while approved plans are in place to build 5 units on the property.The existing structure is) 3 bedrooms, 2 bathroom (1,316 sq ft), and is currently generating $3,300/month in rental income. Approved plans includes architect and engineering documents for 5 units. The project will consist of 3 units and 2 Accessory Dwelling Units (ADUs), each with 3 bedrooms, 2 bathrooms at1,200 sq ft per unit. Wood frame structure designed to reduce both time and construction costs. RtI already approved. This is an exceptional opportunity for developers and investors looking to create a multi-unit residential property in a thriving Los Angeles neighborhood. Buyer to conduct their own due diligence with the city, and verify all development details.

Location

State CA

County Los Angeles

Area Metropolitan Southwest

Zoning LCR320U*

Rooms

Other Rooms Other

Dining Room 0

Interior

Heating Central

Cooling Ceiling Fan

Flooring Hardwood

Fireplaces Type None

Equipment Washer, Gas Dryer Hookup

Laundry Inside

Exterior

Parking Features Driveway

Pool Fenced

View Y/N No

View None

Building

Lot Description Alley Paved, Front Yard, Fenced Yard, Curbs, Sidewalks, Yard

Sewer In Street

Water In Street

Architectural Style California Bungalow

Level or Stories One

Schools

School District Los Angeles Unified

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Manning & Associates Real Estate Services
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1021 W 94th St