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Julie Giffin

julie.giffin@engelvoelkers.com +1(949) 274-0620

$ 1,250,000

Est. payment -/mo

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1021 W 94th ST Los Angeles, CA 90044

3 Beds

1 Bath

1,316 SqFt

UPDATED:

03/12/2025 09:24 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,316 sqft

Price per Sqft $949

MLS Listing ID 25510213

Bedrooms 3

Full Baths 1

HOA Y/N No

Year Built 1924

Lot Size 9,226 Sqft

Property Sub-Type Single Family Residence

Property Description

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.

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Zoning LCR320U*

Interior

Heating Central

Flooring Wood

Fireplaces Type None

Furnishings Furnished

Fireplace No

Appliance Washer

Laundry Inside

Exterior

Parking Features Driveway

Pool Fenced

View Y/N No

View None

Building

Lot Description Front Yard, Yard

Entry Level One

Sewer Other

Level or Stories One

New Construction No

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 6056004034

Acceptable Financing Cash, Conventional, Submit

Listing Terms Cash, Conventional, Submit

Financing Cash,Conventional

Special Listing Condition Standard

Listed by Denise Manning • Manning & Associates Real Estate Services

Julie Giffin

Advisor | License ID: 02073320

+1(949) 274-0620

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