1021 W 94th Street, Los Angeles, CA 90044
Local realty services provided by:ERA Excel Realty
1021 W 94th Street,Los Angeles, CA 90044
$1,500,000
- 3 Beds
- 1 Baths
- 1,316 sq. ft.
- Single family
- Active
Listed by: denise manning
Office: manning & associates real estate services
MLS#:25510213
Source:CRMLS
Price summary
- Price:$1,500,000
- Price per sq. ft.:$1,139.82
About this home
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. The property next door at 1023 W. 94Th St is up for sale offering additional space to build more units. Seller has started the project. Unit mix has change.
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Home facts
- Year built:1924
- Listing ID #:25510213
- Added:302 day(s) ago
- Updated:January 03, 2026 at 02:42 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Living area:1,316 sq. ft.
Heating and cooling
- Heating:Central Furnace
Structure and exterior
- Year built:1924
- Building area:1,316 sq. ft.
- Lot area:0.21 Acres
Finances and disclosures
- Price:$1,500,000
- Price per sq. ft.:$1,139.82
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