Los Angeles, CA 90016,2901 Somerset Drive
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Los Angeles, CA 90016,2901 Somerset Drive
Los Angeles, CA 90016,2901 Somerset Drive
Los Angeles, CA 90016,2901 Somerset Drive
Los Angeles, CA 90016,2901 Somerset Drive
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Sandra Lucas

Sandra Lucas

The Lucas Group - Brokered by REAL

+1(925) 464-8400
$ 1,649,000
Est. payment /mo
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Active

2901 Somerset Drive Los Angeles, CA 90016

5,034 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,034 sqft

Price per Sqft $327

MLS Listing ID CL25586817

HOA Y/N No

Year Built 1929

Lot Size 5,669 Sqft

Acres 0.13

Property Sub-Type Other

Property Description

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.

Location

State CA

County Los Angeles

Zoning LARD

Interior

Heating Other

Cooling Central Air

Flooring Wood

Fireplace No

Appliance Dryer

Laundry Dryer, Washer

Building

New Construction No

Others

Tax ID 5050020001


Bridge MLS
Listed by Wesley Earley • Equity Union
Sandra Lucas

Sandra Lucas

Broker Associate | License ID: 01496944

+1(925) 464-8400

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2901 Somerset Drive