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$ 1,649,000
Est. payment /mo
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
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Listed by Wesley Earley • Equity Union