701 W 112th ST Active

Los Angeles,CA 90044

$ 1095000

2 Beds

1 Bath

1218 SqFt


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

Year Built 1938

Lot Size 10,641 Sqft

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

Laundry None

Exterior

Pool None

View Y/N No

View None

Building

Story 1

New Construction No

Others

Special Listing Condition Standard

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