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 AGENT: Denise Manning LISTING BROKERAGE: Manning & Associates Real Estate Services
Courtesy of Manning & Associates Real Estate Services. 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 The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE 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. 1021 W 94th Street
Los Angeles, CA
Property Details
Price:
$1,250,000
MLS #:
25510213
Status:
Active
Beds:
3
Baths:
1
Address:
1021 W 94th Street
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
c36metropolitansouthwest
City:
Los Angeles
Listed Date:
Mar 3, 2025
State:
CA
Finished Sq Ft:
1,316
ZIP:
90044
Lot Size:
9,227 sqft / 0.21 acres (approx)
Year Built:
1924
See this Listing
Schools
School District:
Los Angeles Unified
Interior
Fireplace Features
None
Flooring
Wood
Heating
Central
Exterior
Lot Features
Front Yard, Yard
Parking Features
Driveway
Parking Spots
0.00
Pool Features
Fenced
Sewer
Other
Spa Features
None
View
None
Financial
Map
Community
- Address1021 W 94th Street Los Angeles CA
- AreaC36 – Metropolitan Southwest
- CityLos Angeles
- CountyLos Angeles
- Zip Code90044
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