tomo logo

$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

CLAW #24443403

Listed
$1,095,000
+11.17%
08/17/2024
CLAW

CLAW #24352595

Removed
$985,000
05/11/2024
CLAW

CLAW #24352595

Price change
$985,000
-10.09%

Schools & Community

Neighborhood: 

South Los Angeles

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Similar Homes Nearby

CRMLS
$949,999
3 bd
|
- ba
|
1,408 sq ft
|
House

1452 W 132nd St, Gardena, CA 90249

CRMLS
$950,000
3 bd
|
3 ba
|
1,870 sq ft
|
House

10232 S 2nd Ave, Inglewood, CA 90303

New
CRMLS
$949,999
3 bd
|
2 ba
|
2,149 sq ft
|
House

1345 W 84th Pl, Los Angeles, CA 90044

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

CLAW logo

Recently listed in Los Angeles