Listing Courtesy Of:
Keller Williams Beverly Hills, 310-432-6400, Alberto Araujo
Local Realty Services Provided By:
Keller Williams South Bay
Overview
What It'll Cost
Neighborhood
Similar Homes
$1,075,000
701 W 112th St, Los Angeles, CA 90044
2 Beds
1 Bath
1,218
sq ft
.24
ac
Log In to Reveal Price
$1,075,000
701 W 112th St, Los Angeles, CA 90044
Estimation provided by Keller Williams Realty Inc.
2 Beds
1 Bath
1,218
sq ft
.24
ac
Active
For Sale
Property Description
We are pleased to present a prime development opportunity: a SB-8 cleared, 10,643 SF corner lot located in South Los Angeles, near the Westmont neighborhood. This well-positioned site offers convenient access to key landmarks, including SoFi Stadium, Intuit Dome, USC/North University Park, the LA Coliseum, and more.Situated near major transit corridors, the property provides seamless connectivity to employment hubs, retail centers, and entertainment venues across the city. With the growing demand for housing in the area, this site presents an exceptional opportunity for developers to capitalize on its potential for long-term value and strong investment returns.Currently, the lot features a 2-bedroom, 1-bathroom single-family residence, which is owner-occupied and will be delivered 100% vacant at closing. Investors will benefit from the area's dense population and rapid rent growth, making this a highly attractive asset in a thriving market.
Assessed Value is a combination of the land and additions.
2023
$4,456
(+4.56%)
$341,343
Land 273,076 +
Additions 68,267
2022
$4,262
(+1.35%)
$328,090
Land 262,473 +
Additions 65,617
2021
$4,205
(+2.91%)
$328,090
Land 262,473 +
Additions 65,617
2019
$4,086
(+4.19%)
$324,727
Land 259,782 +
Additions 64,945
2017
$3,922
$312,120
Land 249,696 +
Additions 62,424
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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