1344 98th Street

Los Angeles, CA 90044

$900,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $329 / sqft

1948

calendar_month Built

Property Description

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).

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 1344 98th Street
City Los Angeles
State CA
Zip 90044
County Los Angeles
Listing Agent Max Berger DRE#02054048
Courtesy Of Compass
MLS 24367725
List Price $900,000
Status Active
Type Residential Income
Structure Size N/A
Lot Size 6,256
Year Built 1948
DOM 8

Exterior Information

Maps

Listing information courtesy of: Max Berger, Compass . *Based on information from the Association of REALTORS/Multiple Listing as of Mar 20th, 2024 at 5:15 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.