$900,000
1344 98th Street, Los Angeles 90044
1
Bed
1
Bath
2,734
Square feet
6,256
Lot Size
4
# Of Units
Listing Agent
Max Berger - Compass1344 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).
Facts & Features
| MLS® # | 24367725 |
|---|---|
| Price | $900,000 |
| Bedrooms | 1 |
| Bathrooms | 1.00 |
| Square Footage | 2,734 |
| Lot Size | 6,256 |
| Year Built | 1948 |
| Type | Residential Income |
| Status | Active |
| # Of Units | 4 |
Community Information
| Address | 1344 98th Street |
|---|---|
| Area | C36 - Metropolitan Southwest |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90044 |
Amenities
| Parking Spaces | 4 |
|---|---|
| Parking | Door-Single, Garage |
| # of Garages | 4 |
| Garages | Door-Single, Garage |
| View | None |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Refrigerator |
|---|---|
| Has Basement | No |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Additional Information
| Date Listed | March 12th, 2024 |
|---|---|
| Days on Market | 47 |
| Zoning | LCC3YY |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Max Berger |
|---|---|
| Office | Compass |