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 Buil
MLS #
CRMB26012209
MLS Source
California Regional MLS
Days on Site
14
Cooling
Central Forced Air
Heating
Central Forced Air, Gas
Pool
None
Garage/Parking
No Parking, Garage: 0 Car(s)
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 2 | 2 |
924 Euclid is a Duplex in Los Angeles, CA 90023. This – square foot property sits on a 5,494 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $875,000 and was built in 1908. This address can also be written as 924 Euclid, Los Angeles, CA 90023.
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This listing information is up-to-date as of January 20, 2026. For the most current information, please contact CARLOS SANDOVAL, (818) 652-9817