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.
Property Details
Price:
$1,095,000
MLS #:
24443403
Status:
Active
Beds:
2
Baths:
1
Address:
701 W 112th Street
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
c36metropolitansouthwest
City:
Los Angeles
Listed Date:
Sep 23, 2024
State:
CA
Finished Sq Ft:
1,218
ZIP:
90044
Lot Size:
10,643 sqft / 0.24 acres (approx)
Year Built:
1938
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Schools
Interior
Fireplace Features
None
Exterior
Parking Spots
5.00
Pool Features
None
Spa Features
None
Stories Total
1
View
None
Financial
Map
Community
- Address701 W 112th Street Los Angeles CA
- AreaC36 – Metropolitan Southwest
- CityLos Angeles
- CountyLos Angeles
- Zip Code90044
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Courtesy of KW Advisors. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
701 W 112th Street
Los Angeles, CA
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