I am pleased to offer for sale an eight-unit apartment community located at 3400 Somerset Drive. The property consists of one 5,760 square foot building situated on a6,250 square foot parcel. The unit mix is comprised of six one-bedrooms and two two-bedroom units. There are six garage spaces at the rear of the building for parking. West Adams sits in an opportunity zone, making it highly attractive to investors. Developers like CIM Group, 4D Developments and Redcar Properties all have projects under way in this neighborhood. The future of West Adams is drawing comparisons to Abbot Kinney and Highland Park which allows a new investor to benefit from future rent growth and appreciation potential.
Off market
$2,031,100
3400 Somerset Dr, Los Angeles, CA 90016
10beds
8baths
5,760sqft
MultiFamily
Built in 1930
-- sqft lot
$2,031,100 Zestimate®
$353/sqft
$3,363 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 8
Cooling
- Other
Interior area
- Total interior livable area: 5,760 sqft
Property
Parking
- Total spaces: 6
Lot
- Size: 6,250 sqft
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1930
Community & neighborhood
Location
- Region: Los Angeles
Other
Other facts
- County: Los Angeles
- PropertyType: Residential Income
- SourceLotSizeArea: Assessor
- Equipment: Other
- Cooling: Other
- ParkingGarage: Garage - 1 Car
- SourceLivingArea: Assessor
- Heating: Other
- ListingArea: Park Hills Heights
- Country: US
- ListingStatus: Pending
- UnitTypeType: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
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Estimated market value
$2,031,100