Back on Market Multi Unit – Great potential – 2 units on a large oversized lot, wood construction/stucco, located in the Olivito Heights area of Los Angeles, footsteps from South Bay areas, each unit has 3 bedrooms/2 Bathrooms with washer-dryer connections for laundry in each unit. Outstanding opportunity for investors; own property near the expansive development areas and complexes; Extensive Shopping and retail, home stadium for the Rams and Chargers, new Clipper Stadium, Sofi Stadium, The Kia Forum, easy access to the 110/105/405 freeways and just minutes to LAX, and beach areas, Hermosa, Manhattan and Redondo. The property has a expanded driveway area (gated) with at least 7 off street parking spaces. Each tenant pays their own utilities with separate meters. Both units are currently occupied, tenant #1 is on contract with Section 8, contract expires March 1, 2025, tenant #2 is on a month to month rental agreement, can be vacant with a 30 day notice. This is a great property to add or begin your investment real estate portfolio. The property is being sold in As-Is condition with no repairs being completed. Buyer and Agents to verify all information, all accepted offers are required to submit a loan application with a lender of the Seller’s choice. Please do not disturb the current residents. There will be no showings without a submitted offer and verification of the potential Buyer’s financial loan approval status, Seller open to Cash offers/1031 exchange transactions.
Property Details
Price:
$880,000
MLS #:
24419071
Status:
Active
Baths:
0
Address:
1260 W 94th Street
Type:
Residential Income
Subdivision:
Olivito Heights
Neighborhood:
c36metropolitansouthwest
City:
Los Angeles
Listed Date:
Jul 22, 2024
State:
CA
ZIP:
90044
Lot Size:
9,233 sqft / 0.21 acres (approx)
Year Built:
1934
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Schools
Interior
Appliances
Disposal
Cooling
None
Fireplace Features
Bath, Dining Room
Heating
Central
Exterior
Parking Features
Driveway
Parking Spots
7.00
View
None
Financial
Tenant Pays
Gas, Electricity, Cable T V, Water
Map
Community
- Address1260 W 94th Street Los Angeles CA
- AreaC36 – Metropolitan Southwest
- SubdivisionOlivito Heights
- CityLos Angeles
- CountyLos Angeles
- Zip Code90044
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Courtesy of Pacific Playa Realty. 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 2025. California Regional Multiple Listing Service. All rights reserved.
1260 W 94th Street
Los Angeles, CA
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