701 W 112th Street
Los Angeles, CA 90044
- 2 beds
- 1 bath
- 1,218 sqft
- 10,643 sqft lot
- $882 per sqft
- 1938 build
- – on site
We are pleased to present a prime development opportunity: a SB-8 cleared, 10,643 SF corner lot located in South Los Angeles, near the Westmont neighborhood. This well-positioned site offers convenient access to key landmarks, including SoFi Stadium, Intuit Dome, USC/North University Park, the LA Coliseum, and more.Situated near major transit corridors, the property provides seamless connectivity to employment hubs, retail centers, and entertainment venues across the city. With the growing demand for housing in the area, this site presents an exceptional opportunity for developers to capitalize on its potential for long-term value and strong investment returns.Currently, the lot features a 2-bedroom, 1-bathroom single-family residence, which is owner-occupied and will be delivered 100% vacant at closing. Investors will benefit from the area's dense population and rapid rent growth, making this a highly attractive asset in a thriving market.
Last checked:
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Last updated Apr 3, 2025
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MLS# 25514589 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1938
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New Construction:No
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Stories Total:1
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Common Walls:No Common Walls
Interior
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Levels:One
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Fireplace:No
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Fireplace:None
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Laundry:None
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Laundry:1
Room Dimensions
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Living Area:1218.00
Location
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Directions:Imperial hwy, North on S Hoover ST
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Latitude:33.93374600
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Longitude:-118.28717100
The Property
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Property Type:Residential
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Subtype:Single Family Residence
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Zoning:LAR1
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Lot Size Area:10643.0000
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Lot Size Dimensions:57x187
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Lot Size Acres:0.2443
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Lot Size SqFt:10643.00
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View:None
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Exclusions:All personal property
Listing Agent
- Contact info:
- No listing contact info available
Beds
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Total Bedrooms:2
Baths
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Total Baths:1
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Full & Three Quarter Baths:1
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Full Baths:1
The Listing
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Special Listing Conditions:Standard
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Parcel Number:6075007020
Appliances
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Included:Yes
The Community
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
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Assessments:No
Parking
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Parking:Yes
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Parking:Assigned
Monthly cost estimate
Asking price
$1,075,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$5,756
|
| Taxes | N/A |
| Insurance | $295 |
| Utilities | $125 See report |
| Total | $6,176/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/20/25
Mar 20, 2025
|
Listed / Active | CRMLS_CA | $1,075,000 | 437.5% (36.2% / YR) |
|
9/23/24
Sep 23, 2024
|
Listed / Active | BRIDGE | ||
|
5/11/24
May 11, 2024
|
Price Changed | BRIDGE |
39% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $43k above asking price on average, but some went as high as $200k over asking price.
