1 month on rocket

701 W 112th St, Los Angeles, CA, 90044

$1,095,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
1 Full Bath
1,218 SqFt
$899/SqFt
House

Location

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701 W 112th St, Los Angeles$1,095,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
Year Built1938
FireplaceNone
ViewNone
MLS #24443403
Lot Size0.24 Acres
StatusActive

About 701 W 112th St

We are pleased to present the opportunity to acquire this SB-8 cleared, 10,643 SF corner lot development opportunity located in South Los Angeles, near the Westmont neighborhood. This location offers easy access to the best of South LA, including Sofi Stadium, Intuit Dome, USC/ North University Park, the LA Coliseum & more. Being in close proximity to major transit corridors, tenants can conveniently access employment centers, retail & entertainment throughout the city.The site offers an attractive opportunity for developers looking to capitalize on the demand for housing in the area and take advantage of the property's development potential for long-term returns. There is a 2-bedroom + 1-bathroom single-family residence currently on the lot, currently owner occupied, and will be delivered 100% vacant. The investment allows an investor to capitalize on a densely populated area that continues to experience rapid rent growth.

Property Details

Property Features

Property Information:

  • Architectural Style: See Remarks
  • Year Built: 1938
  • Stories: 1
  • Living Area: 1,218 SqFt

Listing Office:

  • Office Name: KW Advisors
  • Office Phone: (310) 482-2200
  • Listing Agent: Davis Saadian

Interior Features

Interior Information:

  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Lot Features

Lot Information:

  • Lot Size: 0.24 Acres

Other

Directions Information:

  • Directions: 701 W. 112th Street | Los Angeles 90044

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,095,000
  • Price Per SqFt: $899/SqFt

Tax Information:

  • Annual Amount: $4,205
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

701 W 112th St vs Los Angeles

52 DAYS ON ROCKET

+14 Days

$1,095,000

+$71.5K More

$899/SqFt

+$258 More

KEY TAKEAWAY

This property is $71.5K more than the Median Sold Price and $258/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24443403

Listing Office:

  • Office Name: KW Advisors
  • Office Phone: (310) 482-2200
  • Listing Agent: Davis Saadian

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 11:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 21, 2015Home Sold
$300,000
Feb 15, 2013Home Sold
$200,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,205$328,090
2020$4,086$324,727
2019$4,004$318,361
2018$3,922$312,120
2017$3,922$306,000

History based on county public records data.

Payment Calculator

$5,533

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,349

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-295597
3
/10

  • Figueroa Street Elementary School

  • 510 W 111th St

  • 0.21 miles

  • Public District Grades KG-5

school-card-donut-295598
3
/10

  • Woodcrest Elementary

  • 1151 W 109th St

  • 0.55 miles

  • Public District Grades KG-5

school-card-donut-295599
1
/10

  • West Athens Elementary School

  • 1110 W 119th St

  • 0.75 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,929. The most common annual income of people living in Los Angeles, CA is less than $35k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 701 W 112th St

What is the listing price of this property?

The listing price of 701 W 112th St property is $1,095,000.

What type of property is this?

The property 701 W 112th St is a house located in Los Angeles, California, 90044.

Is this property for sale now?

Active Listing: 701 W 112th St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,205 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 21, 2015 for $300,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 701 W 112th St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 701 W 112th St is 1,218 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 701 W 112th St is 1938.

Rocket Homes›California›Los Angeles County›Los Angeles›90044›701 W 112th St

This home is located at 701 W 112th St in Los Angeles, CA and zip code 90044 in the Vermont Vista neighborhood. This 1,218 square foot home, which was built in 1938, sits on a 0.24 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 23, 2024 and is currently priced at $1,095,000.

Over 598 listings were sold over their listed price in October 2024 in Los Angeles, CA. In the same period over 753 listings were sold below the listed price and 191 listings were sold for the listed price. In October 2024 in Los Angeles, CA there were 11.2% more homes for sale than in September 2024. In October 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,023,474.

From Rocket Homes Real Estate and based on county public records data.

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