Los Angeles, CA 90003 302 W 107th Street
$1,348,000
Presented By: Susan Stanley with HOME TEAM REALTY; 310-729-1954
- MLS# IN23201153
- 10/28/2023
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 5
Baths • 2
SQFT • 1,914
Garage • 2
Home Details
Big Corner Lot-Great Development opportunity to purchase an 6160 SF lot located in South LA, zoned as C2. A developer could build up to 23 units using entitlements from the city or continue with proposed plans that are already in the process to qualify for an 18 unit T.O.C. Tier 1 - 5 story multi use building. Plans are (non-RTI) but the owner has already went through many steps of the T.O.C. process and been approved to submit for final T.O.C. approval.
Presented By: Susan Stanley with HOME TEAM REALTY; 310-729-1954
Interior Features for 302 W 107th Street
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesGasDryerHookup
Total Stories1
Other Rooms
Entry Level1
General for 302 W 107th Street
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesCurbs
CountyLos Angeles
DirectionsOn the corner of 107th St. and Broadway
Entry Location107th
Expected Active Date 2023-11-12
Garage Spaces2.0
Garage Y/NYes
Gross Income57500.0
HOANo
Home Warranty Y/NNo
Insurance Expense2136.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, CashToNewLoan, Conventional, Exchange1031
Lot Size Square Feet6160.0
Lot Size UnitsSquareFeet
MLS AreaC37 - Metropolitan South
MobileHomeRemainsYNNo
Net Operating Income51150.0
New ConstructionNo
Number Of Units Total2
Operating Expense6350.0
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Tax Lot577
Trash Expense0.0
Water Sewer Expense2400.0
Year Built1940
Year Built SourceAssessor
ZoningLAC2
Exterior for 302 W 107th Street
Building Area Total1914.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres0.1414
Lot Size Area6160.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters1
Private PoolNo
SpaNo
Total Parking2.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate