$ 1,649,000
-
$1,649,000
Price -
11
Bed -
7
Bath -
5,034
SqFt
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About the Listing CLW-X7252106 - CLW-X60923
Just Reduced! Charming and well-maintained Spanish-style 6-unit building located in the desirable Mid-City/West Adams neighborhood between Adams and Jefferson Blvd. The majority of units have been updated within the past 7 years and feature modern kitchens, renovated baths, in-unit washer/dryers, and central air & heat. The property sits on a prominent corner lot with two separate buildings (Somerset and 29th St. addresses) and offers three garage spaces, three additional parking spots, and extra storage.With market-rate rents and room for additional income growth, this asset also presents ADU potential by converting the garage and storage area. Recent improvements include updated plumbing and electrical systems, low-maintenance landscaping with sprinklers, and a strong rental history with consistently low vacancy. Drive by anytime, and contact the listing agent for the Offering Memorandum or to schedule a tour. One 2bed/2bath currently vacant. Additional Storage on property.
Listing Highlights
Status
Active
Days on Site
105
Property Type
Multi-Family
MLS ®
25586817
Year Built
1929
Total Square Footage
5,034
Lot/Acreage
0.13
County
Los Angeles
Interior Details
- Bedrooms: 11
- Bathrooms: 7 Full
- Appliances: Dishwasher, Microwave, Refrigerator, Gas Cooktop, Oven
- Air Cond: Central Air
- Heating: Central
- Fireplaces: Decorative
- Floor: Wood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 3
- Zoning: LARD2
- Roof:
- Others: 2+ Total Units
- Sewer:
- Parking Features: Assigned,Garage - Three Door
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5050020001
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
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Questions About..
2901 Somerset Dr Los Angeles, CA 90016
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