701 W 112th St Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90044
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 24-443403
Style Other
Bedrooms 2
Full Baths 1
Year Built 1938
Lot Size 10,643 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 Metropolitan Southwest
Zoning LAR1
Rooms
Other Rooms None
Dining Room 0
Interior
Heating Other
Cooling Other
Flooring Other
Fireplaces Type None
Equipment None
Laundry None
Exterior
Garage Other
Garage Spaces 5.0
Pool None
View Y/N No
View None
Building
Story 1
Others
Special Listing Condition Standard