Rare West Adams triplex featuring two units delivered vacant at close of escrow. Property consists of one 1-bedroom, 1-bath unit and two 2-bedroom, 1-bath units. Excellent opportunity for an owner-user or investor seeking immediate rental upside. One unit is tenant occupied at below-market rent, while the two vacant units provide… Read More the opportunity to achieve market 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, developers, and owner-users seeking long-term growth potential. Seller prefers to sell this property together with the adjacent property at 3520 Farmdale Avenue, which is also available for purchase. Together, the two properties offer approximately 12,000 square feet of combined lot area, presenting a rare opportunity for investors, builders, and developers to explore future development possibilities and the highest and best use of the combined site in one of Los Angeles' most active growth corridors. Property to be 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
0.15 Acres
Year Built
1944
MLS Number
26846649
Additional Details
Building
Built in 1944, Living area: 2212.0, 1 building, Building faces West, 1 storey, Levels: Two
Cooling
None
Exterior Features
Patio/Porch Features: None
Foundation
Slab
Income
Gross Income: $7,350, Net Operating Income: $77,134
Laundry
None
Lot
0.1452 acres
Parking
Covered
Property
Fixer
Taxes
Parcel Number: 5046014021, Zoning: LAR3
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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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