$1,095,000
- Beds
- 2
- Baths
- 1.0
- sq ft
- 1,218
701 W 112th St, Los Angeles, CA 90044
701 W 112th St
Los Angeles, CA 90044
- 57 days on market
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.
Details
Property type
Single Family Residence
Property condition
Fixer
Lot size
0.2443 acres
Price per sq ft
$900
Year built
1938
HOA
No
Price History
09/23/2024
CLAW #24443403
Listed
$1,095,000
+11.17%
08/17/2024
CLAW #24352595
Removed
$985,000
05/11/2024
CLAW #24352595
Price change
$985,000
-10.09%
Schools & Community
Neighborhood:
South Los Angeles
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
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Status: Active
Tomo last checked: 11/19/2024 at 7:35 AM
Listing updated: 10/01/2024 at 5:30 AM
Listed by: Davis Saadian, KW Advisors Phone #: (310) 482-2200
MLS: CLAW #24443403
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