701 W 112th ST, Los Angeles, CA 90044 – 25550527

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Gustavo Toscano

gustavo@gustavotoscano.com +1(619) 787-0954

$850,000

Est. payment - /mo

2 Beds

2 Baths

1,218 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,218 sqft

Price per Sqft $697

MLS Listing ID 25550527

Bedrooms 2

Full Baths 2

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1938

Lot Size 10,641 Sqft

Property Sub-Type Single Family Residence

Property Description

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.

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Zoning LAR1

Interior

Interior Features Separate/Formal Dining Room, Workshop

Heating Wall Furnace

Cooling None

Flooring Carpet, Tile

Fireplaces Type Living Room, Wood Burning

Furnishings Unfurnished

Fireplace Yes

Laundry In Garage

Exterior

Parking Features Garage, Gated, Private

Fence Masonry, Wood, Wrought Iron

View Y/N Yes

View City Lights

Attached Garage No

Total Parking Spaces 20

Building

Lot Description Rectangular Lot, Value In Land

Faces East

Story 1

Entry Level One

Architectural Style Spanish

Level or Stories One

New Construction No

Construction Status Updated/Remodeled

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 6075007020

Special Listing Condition Standard

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Listed by Brian Linder • Compass

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Gustavo Toscano

+1(619) 787-0954

Agent | License ID: 01708463

Agent License ID: 01708463

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701 W 112th ST Los Angeles, CA 90044

Gustavo Toscano

Key Details

Location

Interior

Exterior

Building

Schools

Others

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701 W 112th ST