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1124 E 94th Street

Los Angeles (City), CA 90002
  • $1,499,000
  • STATUS: Active
  • ON SITE: 7 Days
  • ID#: DW22171440
UPDATED: 68 min ago
$1,499,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2022
County:

School Ratings & Info

Listing Agent(s): Daniel Terrazas of Vip Real Estate Firm (562-231-3333)


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 citys 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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-12T21:36:22.027. 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 deemed reliable but is not guaranteed accurate by the MLS or Cane Real Estate | Keller Williams La Jolla. Licensed in the State of California, USA.
www.canerealestate.com/homes/131578618
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1124 E 94th Street Los Angeles (City), CA 90002

  • Price: $1,499,000
  • Status: Active
  • On Site: 7 Days
  • Updated: 68 min ago
  • ID#: DW22171440
0
Beds
0
Baths
0
½ Baths
0.14
Acres
2022
Built
Neighborhood:
C37 - Metropolitan South
County:
Los Angeles
Area:
C37 - Metropolitan South
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 citys 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.
Exterior Features

Construction Materials StoneStucco Exterior Features Rain Gutters Fencing Wrought Iron Foundation Details Raised Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 2 Open Parking Spaces 3 Other Structures Two On A Lot Parking Total 6 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof CompositionShingle Spa Features None Spa YN No

Interior Features

Accessibility Features Parking Appliances Microwave Common Walls 1 Common Wall Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Flooring LaminateVinyl Heating Central Heating YN Yes Interior Features BalconyQuartz CountersAll Bedrooms Down

Property Features

Additional Parcels YN No Common Interest None Community Features Sidewalks Electric 220 Volts Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 0 Gross Scheduled Income 0 Insurance Expense 0 Land Lease YN No Laundry Features Laundry Room Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional1031 ExchangeSubmit Net Operating Income 0 New Construction YN Yes Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Operating Expense 0 Property Condition Updated/RemodeledTurnkey Rent Control YN No Security Features Fire Detection SystemSmoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Utilities None Water Sewer Expense 0 Water Source Public Zoning Lard2



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-12T21:36:22.027. 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 deemed reliable but is not guaranteed accurate by the MLS or Cane Real Estate | Keller Williams La Jolla. Licensed in the State of California, USA.
 
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Cane Real Estate | Keller Williams La Jolla
7817 Ivanhoe Avenue #101
La Jolla CA, 92037
Listing Agent(s): Daniel Terrazas of Vip Real Estate Firm (562-231-3333)