3
See all 3 photos
$875,000
Est. payment /mo
4 Beds
5,494 Sqft Lot
New
924 Euclid Los Angeles, CA 90023
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID MB26012209
Bedrooms 4
Lot Size 5,494 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Rare RTI value-add opportunity at 924 South Euclid Avenue. The property is currently improved with an existing income-producing duplex with tenants in place, allowing for immediate in-place cash flow while executing an approved expansion strategy. The offering includes Ready-To-Issue (RTI) plans for two identical, detached ADUs, plus an approved permit for demolition of the existing garage. All plans are approved under the 2022 California Building Codes, with permits ready to be pulled, significantly reducing entitlement risk and development timeline. Each ADU is designed with 2 bedrooms, 2 bathrooms, full kitchen, in-unit laundry, and dedicated closet space, and each unit carries its own independent address per approved plans. Identical layouts support construction efficiency, cost control, and operational consistency. This is a clear path to increasing density and long-term asset value while preserving existing rental incomeideal for small-scale multifamily developers, builders, or owner-operators seeking a shovel-ready project. Full approved building plans available upon submission of an offer. Buyer to independently verify all plans, permits, zoning, square footage, addressing, tenant information, and final permit issuance fees with the local Department of Building and Safety. Property sold as-is.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction 924 S Euclid Avenue Los Angeles CA 90023
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5189003028
Acceptable Financing Cash, Conventional, Exchange, FHA
Listing Terms Cash, Conventional, Exchange, FHA
Listed by CARLOS SANDOVAL SAND MANAGEMENT GROUP
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