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.
For sale
Price cut: $100K (10/24)
$1,699,000
2901 Somerset Dr, Los Angeles, CA 90016
10beds
9baths
5,034sqft
Est.:
Multi Family
Built in 1929
-- sqft lot
$-- Zestimate®
$338/sqft
$-- HOA
What's special
Three garage spacesCorner lotProminent corner lotModern kitchensRenovated bathsThree additional parking spotsCentral air and heat
- 66 days |
- 254 |
- 18 |
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