Development Opportunity in Prime Los Angeles Area. Build 5 Units Located in the highly sought-after area of Los Angeles. This development opportunity offers the perfect blend of rental income and future potential. The existing single-family home provides immediate rental income of $3,300 per month, while approved plans are in place to build 5 units on the property.The existing structure is) 3 bedrooms, 2 bathroom (1,316 sq ft), and is currently generating $3,300/month in rental income. Approved plans includes architect and engineering documents for 5 units. The project will consist of 3 units and 2 Accessory Dwelling Units (ADUs), each with 3 bedrooms, 2 bathrooms at1,200 sq ft per unit. Wood frame structure designed to reduce both time and construction costs. RtI already approved. This is an exceptional opportunity for developers and investors looking to create a multi-unit residential property in a thriving Los Angeles neighborhood. Buyer to conduct their own due diligence with the city, and verify all development details.
Property Details
Price:
$1,250,000
MLS #:
25510213
Status:
Active
Beds:
3
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
metropolitansouthwest
Listed Date:
Mar 3, 2025
Finished Sq Ft:
1,316
Lot Size:
9,148 sqft / 0.21 acres (approx)
Year Built:
1924
Schools
Interior
Cooling
Ceiling Fan
Flooring
Hardwood
Heating
Central
Laundry
Inside
Exterior
Building Type
Detached
Common Walls
Detached/ No Common Walls
Lot Description
Alley Paved, Front Yard, Fenced Yard, Curbs, Sidewalks, Yard
Lot Location
Alley Access, Corner Lot
Other Structures
Other
Parking Garage
Driveway
Pool Description
Fenced
Spa
None
Style
California Bungalow
Financial
Land Lease Type
Fee
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Map
Community
- Address1021 W 94th St Los Angeles CA
- NeighborhoodMetropolitan Southwest
- CityLos Angeles
- CountyLos Angeles
Subdivisions in Los Angeles
- 10Blackburn
- Adams-Normandie
- Avalon Gardens
- Beau Monde
- Bel Air Park
- Beverly Glen
- Bronson Homes
- Bruce Court
- Corning Court
- First Neighborhood/Customs
- Gramercy Park
- Harvard Heights
- LaBrea Vista
- Legendary Place
- Metropolis 1
- Mid-City Heights
- Montecito Heights
- Mountain Gate
- Mountaingate
- MountainGate Country Club / The Ridge
- Mt. Angelus
- Nelavida
- Outpost Estates
- Picfair Village
- Primrose Estates
- Rampart Heights
- Sunset 7
- Tapestry
- The fuller Four
- The Hollywood Colony 2
- The Marbella
- TR 7615
- TRACT #8330 LOT 59
- Vero
- Westwood Village
- Willow Glen Estates/Hollywood Hills
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Courtesy of Denise Manning at Manning & Associates Real Estate Services. The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS) is for the visitor’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing.
Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS), CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share). This site was last updated Jul-15-2025 3:35:47 pm.
Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS), CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share). This site was last updated Jul-15-2025 3:35:47 pm.
1021 W 94th St
Los Angeles, CA
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