701 W 112th Street
Los Angeles, CA, 90044
$1,095,000
2 Beds
1 Baths
1,218 SqFt
0.24 Acres
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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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701 W 112th Street
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