1344 W 98TH ST
LOS ANGELES, CA 90044
$900,000
4 Beds
4 Baths
2,734 Sq Ft
Status Active
MLS# 24-367725
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).
Details for 1344 W 98TH ST
Built in 1948
$329 / Sq Ft
4 parking spaces
Other
Other
72 Days on website