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Overview
- Updated On:
- April 18, 2024
- 4 Bedrooms
- 4 Bathrooms
- 2,734 ft2
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).
Address: 1344 W 98th Street
City: Los Angeles
State/County: Los Angeles
Zip: 90044
Country: US
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Property Id : 241086
Price: $ 900,000
Property Size: 2,734 ft2
Property Lot Size: 0 ft2
Bedrooms: 4
Bathrooms: 4
Other Features
Has Garage
Refrigerator
$ 4,614.48
per month- Principal and Interest
- Property Tax
- HOA fee
$ 3,489.48
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