Millman Team Real Estate

$799,000
0.13 Acre Lot

924 Euclid, Los Angeles, California 90023

  • Residential Income Property Type
  • None Cars Garage
  • 1908 Year Built
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 ½ 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 income—ideal 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.

Basic Details
Residential Income
For Sale
MB26012209
$799,000
1908
0.13 Acre
Active
1
Duplex
Features
: None
: Central, Natural Gas
: Central Air
: None
: None
: Gas Dryer Hookup, Electric Dryer Hookup
: Public Sewer
: Electricity Available
$0
Address Map
CA
Los Angeles
Los Angeles
90023
Euclid
924
W119° 47' 32.9''
N34° 1' 47.4''
924 S Euclid Avenue Los Angeles CA 90023
BOYH - Boyle Heights
Additional Information
$0
$0
$0
$0
$0
1716
: Urban
Standard
1
: Two
: Near Public Transit
2
2026-01-17
875000
2
2
: Public
Broker/Agent Information
SAND MANAGEMENT GROUP
CARLOS SANDOVAL
Listing Information
M442544
97998
Cash,Conventional,1031 Exchange,FHA
Active
2026-04-24T19:10:58Z
CRMLS
: Standard
2026-01-17T13:21:49Z
Agent info
Ray Millman
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