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1028 W 102nd Street

Los Angeles, CA 90044
  • $599,000
  • STATUS: ACTIVE
  • ON SITE: 7 Days
  • ID#: RS22102056
UPDATED: 185 min ago
$599,000
  • 16
    BEDS
  • 0.27
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

We are proud to present this lucrative development opportunity located at 1028 W 102nd Street St in the city of Los Angeles. This is a sizable lot totaling 11,939 square feet lot allowing you to build a total of 8-10 rentable units with a conservatively projected monthly income of $17,600/$211,200k per year respectively. The existing structure has already been permitted and demo'd...one less expense to consider. This project would feature a brand new 8-10 unit building allowing you to take advantage of the city's allowable density bonus. The subject property is ideally located in an area with a high demand for more rental units and has strong market fundamentals. The subject property is a short walk to Vermont Ave or Century Blvd providing future tenants easy access to public transportation. In addition, future tenants will enjoy close proximity of many restaurants, retail stores, sports stadiums, employers for many jobs, and is about 1.3 miles to the 110 freeway. This development opportunity offers a tremendous value with healthy upside potential. Please call today to learn all the details behind this incredible opportunity and see all the ways this project can make sense for your investment strategy. Photos are renderings of the plans and are not the actual subject property. We are proud to present this lucrative development opportunity located at 1028 W 102nd Street St in the city of Los Angeles. This is a sizable lot totaling 11,939 square feet lot allowing you to build a total of 8-10 rentable units with a conservatively projected monthly income of $17,600/$211,200k per year respectively. The existing structure has already been permitted and demo'd...one less expense to consider. This project would feature a brand new 8-10 unit building allowing you to take advantage of the city's allowable density bonus. The subject property is ideally located in an area with a high demand for more rental units and has strong market fundamentals. The subject property is a short walk to Vermont Ave or Century Blvd providing future tenants easy access to public transportation. In addition, future tenants will enjoy close proximity of many restaurants, retail stores, sports stadiums, employers for many jobs, and is about 1.3 miles to the 110 freeway. This development opportunity offers a tremendous value with healthy upside potential. Please call today to learn all the details behind this incredible opportunity and see all the ways this project can make sense for your investment strategy. Photos are renderings of the plans and are not the actual subject property.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
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1028 W 102nd Street Los Angeles, CA 90044

  • Price: $599,000
  • Status: ACTIVE
  • On Site: 7 Days
  • Updated: 185 min ago
  • ID#: RS22102056
16
Beds
0
Baths
0
½ Baths
0.27
Acres
Neighborhood:
Los Angeles (90044)
County:
Los Angeles
Area:
Los Angeles (90044)
Property Description
We are proud to present this lucrative development opportunity located at 1028 W 102nd Street St in the city of Los Angeles. This is a sizable lot totaling 11,939 square feet lot allowing you to build a total of 8-10 rentable units with a conservatively projected monthly income of $17,600/$211,200k per year respectively. The existing structure has already been permitted and demo'd...one less expense to consider. This project would feature a brand new 8-10 unit building allowing you to take advantage of the city's allowable density bonus. The subject property is ideally located in an area with a high demand for more rental units and has strong market fundamentals. The subject property is a short walk to Vermont Ave or Century Blvd providing future tenants easy access to public transportation. In addition, future tenants will enjoy close proximity of many restaurants, retail stores, sports stadiums, employers for many jobs, and is about 1.3 miles to the 110 freeway. This development opportunity offers a tremendous value with healthy upside potential. Please call today to learn all the details behind this incredible opportunity and see all the ways this project can make sense for your investment strategy. Photos are renderings of the plans and are not the actual subject property. We are proud to present this lucrative development opportunity located at 1028 W 102nd Street St in the city of Los Angeles. This is a sizable lot totaling 11,939 square feet lot allowing you to build a total of 8-10 rentable units with a conservatively projected monthly income of $17,600/$211,200k per year respectively. The existing structure has already been permitted and demo'd...one less expense to consider. This project would feature a brand new 8-10 unit building allowing you to take advantage of the city's allowable density bonus. The subject property is ideally located in an area with a high demand for more rental units and has strong market fundamentals. The subject property is a short walk to Vermont Ave or Century Blvd providing future tenants easy access to public transportation. In addition, future tenants will enjoy close proximity of many restaurants, retail stores, sports stadiums, employers for many jobs, and is about 1.3 miles to the 110 freeway. This development opportunity offers a tremendous value with healthy upside potential. Please call today to learn all the details behind this incredible opportunity and see all the ways this project can make sense for your investment strategy. Photos are renderings of the plans and are not the actual subject property.
Exterior Features

Pool N/K Site Sidewalks

Interior Features

Total Baths Unit1 0

Property Features

Annual Expense Actual 0 Buildings 1 Cfd Mello Roos Fee 1880.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 0 Terms Conventional Unit Number For Unit1 1 Unit1 Rent Actual 0.0 Zoning Builder

San Diego MLS logo Listing provided courtesy of Bryon Thompson Broker. Listing information © 2022 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
 
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