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$ 2,550,000
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Active
3125 S Durango Avenue Los Angeles, CA 90034
7,333 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 7,333 sqft
Price per Sqft $347
MLS Listing ID CL25546961
HOA Y/N No
Year Built 1957
Lot Size 7,978 Sqft
Acres 0.18
Property Sub-Type Other
Property Description
Pleased to present this rare 8-unit multifamilyinvestment opportunity located at 3125 S Durango Ave, situated in the highlydesirable Palms neighborhood of West Los Angeles. Built in 1957, the propertyfeatures 7,376 sq. ft. of rentable space on a spacious 8,001 sq. ft. lot zoned LAR3offering immediate income with significant value-add potential.The unit mix includes two 3-bedroom, 2-bath units; two 2-bedroom, 1.5-bathunits; two 2-bedroom, 1-bath units; and two 1-bedroom, 1-bath unitsan idealconfiguration for maximizing rentability across a variety of tenant profiles.The property includes 8 on-site parking spaces within a detached garage structure,with no seismic retrofit required. The detached parking area offers prime ADUconversion potential (buyer to verify), presenting an opportunity to increase unitcount and rental income.Current rents are well below market, offering a 29% rental upside through interiorrenovations and ADU expansion. Located just minutes from Downtown CulverCity, Sony Studios, and the Expo Line, this is a strategic Westside asset with bothimmediate and long-term investment potential.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating None
Cooling None
Fireplace No
Building
New Construction No
Others
Tax ID 4311026005
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Listed by Chase Simonton • RE/MAX One