1344 West 98th Street
1344 West 98th Street
$900,000
4
4
2,734
2,734
$329
Listed By Compass
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...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).
Listing Agent
Property Details for 1344 West 98th Street
Zoning
LCC3YY
Cross StreetsNormandie Ave. and West 98th St.
Parcel Number6056017023
Total Units4.0
Living Area2734
Source Living AreaAssessor
AreaMetropolitan Southwest (C36)
Vacancy Rate0%
Location
LISTING UPDATED: 03/20/2024 12:01 AM
Property Details for 1344 West 98th Street
Status | Active |
---|---|
MLS # | 24-367725 |
Days on Market | 48 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1948 |
Lot Size | 0.14 AC / 6,256 SF |
County | Los Angeles County |
Location
Building Information for 1344 West 98th Street
Stories2Residences-Year Built1948Building Size-Lot Size0.14 AC / 6,256 SF
Payment Calculator
$5,546 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1344 West 98th Street
Property History for 1344 West 98th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1344 West 98th Street
Taxable ValueLand$218,646Additions$260,928Total$479,574
Tax Record2023$7,602 ($634 / month)
Home Facts
Total Finished SqFt2,734 SqFtAbove Grade Finished SqFt2,734 SqFtLot Size6,256 SqFtStyleQuadraplexYear Built1948ZoningLCC3YYCountyLOS ANGELESAPN6056-017-023
Schools near 1344 West 98th Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 5 to 8 |
Rating | School | Distance |
---|---|---|
Ninety-Fifth Street Elementary School PublicK to 5 | ||
Bret Harte Preparatory Middle School Public6 to 8 | ||
George Washington Preparatory High School Public9 to 12 | ||
Teach Academy Of Technologies Charter5 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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