Rare West Adams triplex delivered vacant at close of escrow. Property consists of one 1-bedroom, 1-bath unit and two 2-bedroom, 1-bath units, offering an excellent opportunity for investors, developers, or owner-users seeking immediate income potential and flexibility. With all units vacant, a new owner has the opportunity to establish market… Read More rents from day one. Ideally located near the Metro E Line, USC, Culver City, the Expo/Crenshaw transit corridor, shopping, dining, and major employment centers. This rapidly evolving neighborhood continues to attract investors and developers seeking long-term appreciation and redevelopment opportunities. Seller would like to sell this property together with the adjacent property located at 3514 Farmdale Avenue, which is also listed for sale. Together, the two properties offer approximately 12,000 square feet of combined lot area, presenting a unique opportunity to acquire neighboring parcels in a highly desirable growth corridor. Buyers are encouraged to investigate the development potential and highest and best use of the combined site. Property needs some updating and is being sold in its present AS-IS condition. Buyer to independently verify all information, including rents, expenses, square footage, permits, zoning, development potential, and applicability of rent control regulations. Read Less
Property listed by Yolanda Washington, Yolanda Washington 310-259-7556
Listing Snapshot
Days Online
15
Last Updated
Beds
5
Square Ft.
2,212
Lot Size
0.14 Acres
Year Built
1944
MLS Number
26846631
Additional Details
Building
Built in 1944, Living area: 2212.0, 1 building, Building faces West, 2 stories, Levels: Two
Cooling
None
Heating
WallFurnace
Income
Gross Income: $7,250, Net Operating Income: $77,134
Lot
0.1422 acres
Parking
3 total parking spaces, DetachedCarport
Property
Fixer
Taxes
Parcel Number: 5046014020, Zoning: LAR3
Tenant Pays
Electricity, Gas
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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