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Levon Arzumanyan

levon.a@theagencyre.com +1(213) 414-8088

$ 1,095,000

Est. payment -/mo

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Active

701 W 112th ST Los Angeles, CA 90044

2 Beds

1 Bath

1,218 SqFt

UPDATED:

10/01/2024 12:24 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,218 sqft

Price per Sqft $899

MLS Listing ID 24443403

Bedrooms 2

Full Baths 1

Construction Status Fixer

HOA Y/N No

Year Built 1938

Lot Size 10,641 Sqft

Acres 0.2443

Property Description

We are pleased to present the opportunity to acquire this SB-8 cleared, 10,643 SF corner lot development opportunity located in South Los Angeles, near the Westmont neighborhood. This location offers easy access to the best of South LA, including Sofi Stadium, Intuit Dome, USC/ North University Park, the LA Coliseum & more. Being in close proximity to major transit corridors, tenants can conveniently access employment centers, retail & entertainment throughout the city.The site offers an attractive opportunity for developers looking to capitalize on the demand for housing in the area and take advantage of the property's development potential for long-term returns. There is a 2-bedroom + 1-bathroom single-family residence currently on the lot, currently owner occupied, and will be delivered 100% vacant. The investment allows an investor to capitalize on a densely populated area that continues to experience rapid rent growth.

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Zoning LAR1

Rooms

Ensuite Laundry None

Interior

Laundry Location None

Fireplaces Type None

Furnishings Unfurnished

Fireplace No

Laundry None

Exterior

Pool None

View Y/N No

View None

Total Parking Spaces 5

Private Pool No

Building

Story 1

Entry Level One

Architectural Style See Remarks

Level or Stories One

New Construction No

Construction Status Fixer

Others

Senior Community No

Tax ID 6075007020

Special Listing Condition Standard

Listed by Davis Saadian • KW Advisors

Levon Arzumanyan

Director, Estates Division | License ID: 01836944

+1(213) 414-8088

Levon Arzumanyan

701 W 112th ST Los Angeles, CA 90044

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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701 W 112th ST