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1344 W 98TH ST LOS ANGELES, CA 90044
- Multi-family (5 or more units) / Resale (MLS)
Property Details for 1344 W 98TH ST, LOS ANGELES, CA 90044
Features
- Price/sqft: $329
- Lot Size: 6256.00 sq. ft.
- Total Units: 4
- Total Rooms: 4
- Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
- Heating: Central
- Construction Type: Wood
Facts
- Year Built: 01/01/1948
- Property ID: 866291527
- MLS Number: 24-367725
- Parcel Number: 6056-017-023
- Property Type: Multi-family (5 or more units)
- County: LOS ANGELES
- Listing Status: Active
Pre-Foreclosure Info
- Recording Date: 09/14/2000
- Recording Year: 2000
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. 1344 West 98th is a four-unit value-add South LA property with approx. 52% upside compared to renovated units in the area. Located just north of Century Blvd. and Normandie Ave, the property is approx. 3.0 miles from The Village at Century, SoFi Stadium, Hollywood Park, and The Forum. 1344 West 98th features (4) 1-bdrm. units, across 3 structures, on a 6,256 SF lot zoned LCC3YY. This value-add opportunity is offered at $225,000 per unit and $329 per foot. At projected market rents, 1344 West 98th will stabilize at an 8.12% CAP and 9.44 GRM. Additional property amenities include a community laundry room and (4) 1-car garages that can be converted into ADUs (buyer to verify).
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Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.
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