1021 W 94th St Los Angeles, CA 90044
Westmont NeighborhoodEstimated payment $7,726/month
Total Views
1,891
3
Beds
1
Bath
1,316
Sq Ft
$950
Price per Sq Ft
Highlights
- In Ground Pool
- Corner Lot
- No HOA
- Wood Flooring
- Furnished
- Breakfast Area or Nook
About This Home
Development Opportunity in Prime Los Angeles Area. Build 5 Units Located in the highly sought-after area of Los Angeles. This development opportunity offers the perfect blend of rental income and future potential. The existing single-family home provides immediate rental income of $3,300 per month, while approved plans are in place to build 5 units on the property.The existing structure is) 3 bedrooms, 2 bathroom (1,316 sq ft), and is currently generating $3,300/month in rental income. Approved plans includes architect and engineering documents for 5 units. The project will consist of 3 units and 2 Accessory Dwelling Units (ADUs), each with 3 bedrooms, 2 bathrooms at1,200 sq ft per unit. Wood frame structure designed to reduce both time and construction costs. RtI already approved. This is an exceptional opportunity for developers and investors looking to create a multi-unit residential property in a thriving Los Angeles neighborhood. Buyer to conduct their own due diligence with the city, and verify all development details.
Listing Agent
Manning & Associates Real Estate Services License #00895617 Listed on: 03/03/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,138
Year Built
- Built in 1924
Lot Details
- 9,227 Sq Ft Lot
- Fenced Yard
- Corner Lot
- Front Yard
- Property is zoned LCR320U*
Parking
- Driveway
Home Design
- Bungalow
Interior Spaces
- 1,316 Sq Ft Home
- 1-Story Property
- Furnished
- Ceiling Fan
- Wood Flooring
- Breakfast Area or Nook
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Washer
Pool
- In Ground Pool
- Fence Around Pool
Utilities
- Central Heating
- Sewer in Street
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 6056-004-034
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $9,138 | $707,367 | $567,954 | $139,413 |
| 2023 | $8,982 | $693,498 | $556,818 | $136,680 |
| 2022 | $4,252 | $305,777 | $192,527 | $113,250 |
| 2021 | $4,206 | $299,782 | $188,752 | $111,030 |
| 2019 | $4,082 | $290,892 | $183,154 | $107,738 |
| 2018 | $3,998 | $285,189 | $179,563 | $105,626 |
| 2016 | $3,829 | $274,117 | $172,592 | $101,525 |
| 2015 | $3,771 | $270,000 | $170,000 | $100,000 |
| 2014 | $3,369 | $230,541 | $138,325 | $92,216 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/03/2025 03/03/25 | For Sale | $1,250,000 | +363.0% | $950 / Sq Ft |
| 05/16/2014 05/16/14 | Sold | $270,000 | -5.3% | $205 / Sq Ft |
| 04/02/2014 04/02/14 | Pending | -- | -- | -- |
| 01/10/2014 01/10/14 | For Sale | $285,000 | -- | $217 / Sq Ft |
Source: The MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $680,000 | Lawyers Title | |
| Grant Deed | $610,000 | Lawyers Title | |
| Grant Deed | $270,000 | Stewart Title | |
| Grant Deed | $225,000 | Fidelity National Title Co | |
| Grant Deed | $140,000 | Fidelity National Title Co | |
| Trustee Deed | $184,977 | Accommodation | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | Act | |
| Individual Deed | -- | -- | |
| Gift Deed | -- | California Counties Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $208,500 | New Conventional | |
| Previous Owner | $219,296 | FHA | |
| Previous Owner | $267,300 | Negative Amortization | |
| Previous Owner | $230,000 | Negative Amortization | |
| Previous Owner | $174,000 | Unknown | |
| Previous Owner | $145,000 | Unknown | |
| Previous Owner | $118,400 | No Value Available |
Source: Public Records
Similar Homes in the area
Source: The MLS
MLS Number: 25510213
APN: 6056-004-034
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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. Properties may or may not be listed by the office/agent presenting the information.
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