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1344 W 98th St, Los Angeles, CA 90044
$900,000
1344 W 98th St, Los Angeles, CA 90044View this property at 1344 W 98th St, Los Angeles, CA 90044
1344 W 98th StLos AngelesCA90044
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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).
Full Property Details
Full Property Details for 1344 W 98th St
General
- Price: $900,000
- Status: Active
- Type: Multi-Family
- MLS ID: 24-367725
- Updated: 3/12/2024
- Added to Site: 64 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Community
Additional Information
- Security/Safety: Gated
- Other Features: None
Parking
- Garage: Yes
- Garage Spaces: 4
- Garage Description: Garage - 1 Car
Location
- Area: Metropolitan Southwest
- County: Los Angeles
- Cross Streets: Normandie Ave. and West 98th St.
- Driving Directions: Located one block north of the intersection of Century Blvd. and Normandie Ave, and 0.5 miles from Jesse Owens Park
Heating & Cooling
- Cooling Type: Other
- Heating Type: Other
Structural Information
- # Buildings: 3
- Common Walls: Detached/No Common Walls
- Stories/Levels: 2
- Square Feet: 2,734
- Sq. Ft. Source: Assessor
- Year Built: 1948
- Year Built Source: Assessor
Unit Information
- Units in Complex: 4
- Unit Type: 2106
Unit 1
- Total Bathrooms: 1
- Bedrooms: 1
Additional Structures
- Other Structures: None
Lot Features
- Lot Size: 6256
- Lot Size Source: Assessor
- Lot Features: Alley Access
- Zoning: LCC3YY
Financial Considerations
- Price Per Sq. Ft.: $329.19
- Price Per Unit: 225000
- Assessment Year: 1948
Disclosures and Reports
- Disclosures/Reports: As Is
- APN: 6056-017-023
Listed by Compass, Max Berger
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Schools
Schools serving 1344 W 98th St
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
1109 W 96th St, Los Angeles, CA 90044 | K-5 | 0.4 mi | |
9301 S Hoover St, Los Angeles, CA 90044 | 6-8 | 0.8 mi | |
10860 S Denker Ave, Los Angeles, CA 90047 | 9-12 | 0.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1344 W 98th St
Date
Details
Price
Change
Source
3/12/2024
Listed
$900,000
164.71%
MLS
7/25/2003
Sold
$340,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1344 W 98th St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,602
4%
$479,574
2%
2022
$7,296
1%
$470,171
2%
2021
$7,229
-1%
$460,953
1%
2020
$7,275
3%
$456,228
2%
2019
$7,035
2%
$447,283
2%
2018
$6,897
2%
$438,514
2%
2017
$6,779
3%
$429,916
2%
2016
$6,573
4%
$421,487
5%
2015
$6,328
—
$402,214
2%
2014
$6,341
1%
$394,336
—
2013
$6,301
—
$392,555
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1344 W 98th St
1344 W 98th St, Los Angeles, CA 90044 (MLS# 24-367725) is a Multi-Family property with units containing 4 bedrooms and 0 full bathrooms. 1344 W 98th St is currently listed for $900,000 and was received on March 12, 2024. Want to learn more about 1344 W 98th St? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.