1021 W 94Th Street, Los Angeles, CA 90044 - Berkshire Hathaway HomeServices California Properties
1021 W 94th Street Los Angeles, CA 90044
$1,250,000 3 beds, 1 baths
1, 316 sqft

Agent Remarks

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.

Listing Details

Property type: Single Family Residence (Single Family)
Status: Active
MLS# 25510213
List price is $1,250,000
Beds: 3
Baths: 1 (1 full)
None fireplaces
Built in 1924
1,316 sqft
1 story
0.21 acres
Lot size: 0.2118
County: Los Angeles
Zoning: LCR320U*
Appliances: Washer
Parking description: Driveway
Lot description: Front Yard,Yard
Heating description: Central
MLS area: C36 - Metropolitan Southwest
Furnished: Furnished

Last Updated: 3/12/2025

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This listing belongs to the C36 - Metropolitan Southwest MLS area

Lat/Long: 33.951276, -118.292649.
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Listing Agent: Denise Manning
Lic#: 01234982
Office Name: Mission Viejo

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