701 W 112th St, Los Angeles, CA 90044 – 24-443403 - Marcia Alves

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Marcia Alves

marcia@marciabrazil.com +1(702) 300-6969

$ 1,095,000

Est. payment | -/mo

2 Beds

1 Bath

1,218 SqFt

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$ 1,095,000

Est. payment | -/mo

Save

2 Beds

1 Bath

1,218 SqFt

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

Construction Status Tear Down, Fixer

HOA Y/N No

Year Built 1938

Lot Size 10,643 Sqft

Acres 0.2443

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

Architectural Style Other

Level or Stories One

Construction Status Tear Down, Fixer

Others

Special Listing Condition Standard

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by KW Advisors

+1(702) 300-6969

marcia@marciabrazil.com

1780 W Horizon Ridge Pkwy # 100, Henderson, NV, 89012, USA