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6
Photos
701 W 112th Street, Los Angeles, CA 90044
$1,095,000 Asking Price
$---/mo Est. Payment Get Prequalified »
2
beds
1
bath
1,218
sqft
Built in
1938
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.
Features & Amenities
Interior
- Laundry:
- None
- Fireplace:
- None
Exterior
- General:
- None
- Style:
- See Remarks
- Pool:
- None
- Parking:
- Parking spaces: 5
Construction
- General:
- 1
Location
- Originating MLS:
- CRMLS
- County:
- Los Angeles
Lot
- Zoning:
- LAR1, 6075007020
- View:
- None
Financial
- Source:
- CRMLS
This listing courtesy of:
KW Advisors, Davis Saadian
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Los Angeles, CA
Housing
- Number of Units
- 906,276
- Median Home Value
- $764,749
- Median Rent
- $1,399
71.58% of housing units are renter occupied.
6.82% are vacant.
Commute
- Car
-
56.67%
- Public Transportation
-
8.41%
- Walk to Work
-
3.27%
- Work from Home
-
29.71%
- Other
-
1.00%
The median travel time to work is 25 minutes.
People
- Population
- 2,373,885
- Median Age
- 35.80
- Median Household Size
- 2.78
Education
- High School
-
18.57%
- Associate’s Degree
-
5.55%
- Bachelor’s Degree
-
22.72%
- Graduate Degree
-
12.23%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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