701 W 112th Street
Los Angeles, CA 90044
1218 sqft | 2 beds | 1 bath | 0.24 acres | #24443403
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.
Interior Details
- Bedrooms2
- Bathrooms1
- Full Baths1
Property Details
- Stories1
Measurements
- Acres0.2443
- Square Feet1218
Construction Details
- Property TypePurchase
Condition
- Year Built1938
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$1,095,000
Other
- MLS #24443403
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Davis Saadian (#CLW-C114727)
Listing Office: KW Advisors (#CLW-X74717)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
