1124 E 94th Street, Los Angeles, CA 90002

$1,499,000
List Price
$1,499,000
Status
ACTIVE
MLS#
DW22171440
Year Built
2022
Lot Size
6,114
Acres
0.1404
Lot Location
Item01UnitAcre
Days on Market
13
Property Type
Multifamily
Stories
Two Levels

Property Description

NOW WITH CofO (certificate of occupancyl) IN HAND!!! Come check out this phenomenal custom built duplex brought to you by one of LA's premier developers RMZ GROUP, INC. Sister property next door is also for sale. This investment opportunity sits in a high rental demand area within the LA city jurisdictions and NO RENT control. Property is centrally located in the heart of South Los Angeles, only minutes away from the 105 and 110 freeway allowing quick access to downtown LA, Long Beach, LAX, San Pedro, and close to Inglewood SOFI Stadium Development. 94th street is a great investment opportunity and potential cash-cow because it was built with a vision to accommodate different business ventures within the rental sector. Both units combined offer a total of 14 rooms and 6 baths. First unit consists a 8bed/3ba while the second unit offers a 6bed/3ba. This gives an investor the option to either rent it to a big extended family or to take advantage of LA city’s various landlord incentives/programs. This massive 4,000+ sqft home will give investors a good returns. Take advantage that this property is LARD2 and convert the rear garage and back portion of the home a full blown 1200 ADU and You will have 3 UNITS. This building offers low cost expenses as both units have a separate meters including water. Putting aside all the financials for a minute, buyers will appreciate all the detail and custom finishes that went into this home. 94th st was well designed with high-end finishes such as smooth stucco throughout exterior, rear balcony, and ice cold ledger stone. Interior design offers custom kitchen with quart countertops and backsplash, individual laundry room, water proof laminate vinyl flooring, recess lighting, tankless water heater, central AC/heating, security gates with powder coated pint, and many more more items making this the most beautiful home in the neighborhood. Come see it ASAP.

Additional Information

Other Buildings
TwoOnALot
Appliances
Microwave
Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
Exterior Construction
Stone, Stucco
Roof
Composition, Shingle
Garage Spaces Total
3
Sewer
Public Sewer
Water
Public
Interior Features
Balcony, QuartzCounters, AllBedroomsDown
Attached Structure
Attached
Number Of Units Total
2

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Daniel Terrazas from Listing Office: VIP Real Estate Firm

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.