1021 W 94th Street, Los Angeles, CA 90044

  • $1,250,000
1021 W 94th Street, Los Angeles, CA 90044
Active
1021 W 94th Street, Los Angeles, CA 90044
1021 W 94th Street, Los Angeles, CA 90044
  • $1,250,000

Description

Development Opportunity in Prime Los Angeles Area. Build 5 Units Located in the highly sought-after area of Los Angeles. This development opportunity offers the perfect blend of rental income and future potential. The existing single-family home provides immediate rental income of $3,300 per month, while approved plans are in place to build 5 units on the property.The existing structure is) 3 bedrooms, 2 bathroom (1,316 sq ft), and is currently generating $3,300/month in rental income. Approved plans includes architect and engineering documents for 5 units. The project will consist of 3 units and 2 Accessory Dwelling Units (ADUs), each with 3 bedrooms, 2 bathrooms at1,200 sq ft per unit. Wood frame structure designed to reduce both time and construction costs. RtI already approved. This is an exceptional opportunity for developers and investors looking to create a multi-unit residential property in a thriving Los Angeles neighborhood. Buyer to conduct their own due diligence with the city, and verify all development details.

  • Address 1021 W 94th Street
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90044
  • Country US

Details

Updated on March 12, 2025 at 9:24 pm
  • Property ID: 25510213
  • Price: $1,250,000
  • Property Size: 1316
  • Land Area: 0.2118 Acres
  • Bedrooms: 3
  • Bathroom: 1
  • Garage Size: x x
  • Year Built: 1924
  • Property Type: Single Family Residence, Residential
  • Property Status: Active

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