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. The property next door at 1023 W. 94Th St is up for sale offering additional space to build more units. Seller has started the project. Unit mix has change.
Property Details
Price:
$1,500,000
MLS #:
25510213
Status:
Active
Beds:
3
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
c36metropolitansouthwest
Listed Date:
Jan 3, 2026
Finished Sq Ft:
1,316
Total Sq Ft:
1,316
Lot Size:
9,227 sqft / 0.21 acres (approx)
Year Built:
1924
See this Listing
Schools
School District:
Los Angeles Unified
Interior
Bathrooms
1 Full Bathroom
Flooring
WOOD
Heating
CF
Laundry Features
IN, WINC
Exterior
Financial
Map
Community
- Address1021 W 94th ST Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90044
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Feb 02, 2026
6,875
Single Family Listed
67
Avg DOM
507
Avg $ / SqFt
$1,487,020
Avg List Price
Property Summary
- 1021 W 94th ST Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90044. It is listed for $1,500,000 and features 3 beds, 1 baths, and has approximately 1,316 square feet of living space, and was originally constructed in 1924. The current price per square foot is $1,140. The average price per square foot for Single Family listings in Los Angeles is $507. The average listing price for Single Family in Los Angeles is $1,487,020.
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