1344 West 98th Street Los Angeles, CA $ 900,000
1344 West 98th Street
$ 900,000
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1344 West 98th Street

Los Angeles, CA, 90044
$ 900,000
Baths0.0 Sq 2,734

Monthly Estimate*

$ 6,287

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $900,000. This 2,734 square foot home was built in 1948 on a lot size of 0.14.

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).

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Multi-Family Active

Price

$ 900,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.14

Year Built

1948

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0024367725

Features
General
Zoning LCC3YY
Security Features Gated Community
Year Built 1948
Levels Two
County Los Angeles
Net Operating Income 40350.0
New Construction No
Property Type C
HOA / Comm Assn No
Status Active
City Los Angeles
Buyer Agent Compensation 2.00
View Y/N No
Senior Community Y/N No
MLS Area C36 - Metropolitan Southwest
Lot Size Square Feet 6256.0
Street Name 98th
Standard Status Active
Year Built Source Assessor
Buyer Agent Compensation Type %
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Interior
Kitchen Appliances Refrigerator
Total Stories 2
Common Walls No Common Walls
Street Suffix Street
Laundry Features Community
Total Baths 0
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Exterior
Parking Features Garage - Single Door
Water Source None
Lot Size Area 6256.0
Building Area Total 2734.0
Lot Size Acres 0.14
Lot Size Units Square Feet
Land Lease Type Fee
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* Excluded Features
List By
Max Berger

Listing Agent

Compass

Broker

Affordability Calculator

$6,287
Per Month
100%
0%
0%
Monthly Principal & Interest
$6,287
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/20/2024$900,000 Listed Price

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1344 West 98th Street, Los Angeles, CA, 90044 is a Multi-Family Home for sale at $900,000 with 2,734 sqft and a lot size of 0.14. 1344 West 98th Street is a studio with 0.0 baths and was built in 1948. The property's zip code is 90044 which is in Los Angeles, CA