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701 W 112th St, Los Angeles, CA 90044

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For Sale

$775,000

2 beds • 2 baths • 1,218 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Single Family Detached
    Property type

  • $636.29
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

The possibilities of this Westmont property are seemingly endless, ideal for owner/occupants, income property potential, and development opportunities, with an almost-quarter-acre lot. Northwest of the intersection of the 110 and 105 Freeways, this well-positioned site is close to both private and public transportation corridors. Centrally located, a fifteen-minute drive in any direction will get you a lot of places: Dockweiler Beach, SoFi Stadium, Intuit Dome, USC, The Memorial Coliseum, downtown LA, or downtown Long Beach, and any number of entertainment venues, retail centers, and employment hubs throughout the city. The Harbor Transitway is less than of a mile away, providing easy access to all destinations north and south, from El Monte to San Pedro, with Union Station in between. The Metro C Line is a half-mile away, with east/west train service from Norwalk to the new LAX/Metro Transit Center, and easy access to the airport. A perfect place for an aspirational owner/occupant to start, this charming, well-maintained 1930s bungalow has many original details intact: custom built-ins, vintage tile, wood-burning fireplace, and mature landscaping cultivated by the current owner. From there, Senate Bill 9 (SB 9) allows for many options to increase density on this single-family residential lot, including up to four units now (and undoubtedly more units later), with various combinations of single-family homes, duplexes, accessory dwelling units, and junior ADUs, in addition to legal lot split. This potential allows for both slow growth on the site over time, or immediate speculative development, making this property a highly attractive asset to both the small-scale homeowner and the large-scale investor.
MLS# 25550527

Courtesy Of Compass

(323) 593-6999

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Spanish
  • Exterior Type
    Stucco
  • Floor Covering
    Carpet, Tile
  • Lot Size
    0.24 Acres
  • Roof Type
    Asphalt
  • Rooms
    Dining Room, Living Room, Workshop
  • View Type
    City

Map and Directions

Directions to 701 W 112th St, Los Angeles, CA 90044

Home seller CENTURY 21 PrimeTime Realtors

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 PrimeTime Realtors

(909) 980-6100
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Monthly Payment Breakdown

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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