701 W 112Th Street

Los Angeles, CA 90044

$1,095,000

List Price

2

bed Beds

1

shower Baths

1,218 sqft

straighten / sqft

1938

calendar_month Built

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.

Listing Information

List Price $1,095,000
Status Active
MLS 24443403
Type Residential
Subtype Single Family Residence
Year Built 1938
Lot Size 10,643
Structure Size 1,218
DOM 8
Courtesy Of KW Advisors
Listing Agent Davis Saadian DRE#01921748
Co-Listing Agent Hasitha Mahaseelarathnage DRE#02131447

Interior Features

Laundry Information
Location(s) None
Total Bedroom
Bedrooms 2
Total Bathroom
Bathrooms 1
Fireplace Information
Features None

Exterior Information

Maps

Listing information courtesy of: Davis Saadian, Hasitha Mahaseelarathnage, KW Advisors . *Based on information from the Association of REALTORS/Multiple Listing as of Oct 1st, 2024 at 12:24 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.