Los Angeles, CA 90044 1260 W 94th Street

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Presented By: Sherron Rouzan with Pacific Playa Realty;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 24419071
  • 07/24/2024
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 5
  • Baths • 3
  • SQFT • 1,977

Home Details

Great Owner/Investment Property Multi Units - Great potential - 2 separate structures on a large oversized lot, wood construction/stucco, located in the Olivito Heights area of Los Angeles, footsteps from South Bay areas, each unit has 3 bedrooms/2 Bathrooms with washer-dryer connections for laundry. The front property has been nicely refreshed with new flooring and fresh paint throughout. Outstanding opportunity for new owners or investors; to own/invest property near the expansive development areas and complexes; Extensive Shopping and retail, home stadium for the Rams and Chargers, new Clipper Stadium, Sofi Stadium, The Kia Forum, easy access to the 110/105/405 freeways and just minutes to LAX, beach areas; Hermosa, Manhattan and Redondo. The property has a expanded driveway area (gated) with at least 7 off street parking spaces. Each tenant pays their own utilities with separate meters. The front unit is vacant, and the back unit is on a month to month rental agreement, and can be vacant with a 30 day notice. This is a great property to own, add or begin your investment real estate portfolio. The property is being sold in As-Is condition with no repairs being completed by the seller. Buyer and Agents to verify all information, all accepted offers are required to submit a loan application with a lender of the Seller's choice. Please do not disturb the current residents or walk the property. There will be no showings without a submitted offer and verification of the potential Buyer's financial loan approval status or evidence of full cash to close. Seller is open to Conventional Loans, Cash offers/1031 exchange transactions. All offers will be required to cross qualify with a lender of the Seller's choice.
Presented By: Sherron Rouzan with Pacific Playa Realty;

Interior Features for 1260 W 94th Street

Bedrooms

Total Bedrooms5

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths3

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace FeaturesBath, DiningRoom
Fireplace Y/NYes
Heating Y/NYes
Total Stories

General for 1260 W 94th Street

Additional Parcels Y/NNo
AppliancesDisposal
Architectural StyleSeeRemarks
Attached Garage No
Carport Y/NNo
CityLos Angeles
CoolingNone
CountyLos Angeles
DirectionsThe property is on 94th Street, between Normandie/Normandie and Budlong Ave.
Electric On Property Y/NNo
Entry LocationMain Level
Facing DirectionNorth
Full Baths
Garage Y/NNo
Gross Income57600.0
HOANo
HeatingCentral
High School DistrictLos Angeles Unified
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet9233.0
Lot Size UnitsSquareFeet
MLS AreaC36 - Metropolitan Southwest
MobileHomeRemainsYNNo
Net Operating Income57000.0
New ConstructionNo
Number Of Units Total2
Occupancy TypeTenant
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActiveUnderContract
StatusActiveUnderContract
Stories1
Subdivision NameOlivito Heights
Tenant PaysCableTv, Electricity, Gas, Water
ViewNone
Waterfront Y/NNo
Year Built1934
ZoningLCR320U*

Exterior for 1260 W 94th Street

Building Area Total1977.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesBackYard, FrontYard
Lot Size Acres0.212
Lot Size Area9233.0
Number of Buildings2
Number of Separate Gas Meters2
Number of Separate Water Meters2
Open Parking Y/NNo
Parking FeaturesDriveway
Private PoolNo
SpaNo
Total Parking7.0

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $875,000
MLS#24419071
List Date 07/24/2024
Property Type Multi-Family
Phone 714.742.6515
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