$ 1,250,000
-
$1,250,000
Price -
3
Bed -
1
Bath -
1,316
SqFt
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About the Listing CLW-X71686 - CLW-X96727
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. The property next door at 1023 W. 94Th St is up for sale offering additional space to build more units. Seller Motivated!!
Listing Highlights for 1021 W 94th St
Status
Active
Days on Site
178
Property Type
Residential
MLS ®
25510213
Year Built
1924
Total Square Footage
1,316
Lot/Acreage
0.21
Interior Details
- Bedrooms: 3
- Bathrooms: 1 Full
- Appliances:
- Air Cond:
- Heating: Central
- Fireplaces:
- Floor: Wood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: Front Yard,Yard,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Zoning: LCR320U*
- Roof:
- Others:
- Sewer: Other
- Parking Features: Driveway
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 6056004034
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
1021 W 94th St Los Angeles, CA 90044
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