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3551 S Western Ave

Los Angeles, CA 90018
  • $3,540,000
  • STATUS: Active
  • ON SITE: 28 Days
  • MLS #: 22-149179
Price Reduced
UPDATED: 113 min ago
$3,540,000
  • 0
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,000
    SQFT
  • $443
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1957
County:

School Ratings & Info

Description

HUGE cash flow on this trophy asset in the heart of West Adams. Well maintained property just steps from USC and home to the 2028 Olympics. Just steps from the public metro station and surrounded by new development. Big double lot Zoned C2 with plenty of parking. Unit mix is comprised of 14 singles and 3 large commercial spaces. 9 of the 14 units have been upgraded with kitchenettes. Great opportunity.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-20T23:43:00.543. 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.
www.searchdesertrealestate.com/homes/127978246
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3551 S Western Ave Los Angeles, CA 90018

  • Price: $3,540,000
  • Status: Active
  • On Site: 28 Days
  • Updated: 113 min ago
  • MLS #: 22-149179
0
Beds
0
Baths
0
½ Baths
0.28
Acres
8,000
SQFT
$443
$/SQFT
1957
Built
Neighborhood:
Mid Los Angeles
County:
Los Angeles
Area:
Mid Los Angeles
Property Description
HUGE cash flow on this trophy asset in the heart of West Adams. Well maintained property just steps from USC and home to the 2028 Olympics. Just steps from the public metro station and surrounded by new development. Big double lot Zoned C2 with plenty of parking. Unit mix is comprised of 14 singles and 3 large commercial spaces. 9 of the 14 units have been upgraded with kitchenettes. Great opportunity.
Exterior Features

Lot Size Area 12226 Other Structures None Parking Garage Assigned Total Parking 21

Interior Features

Baths Total 14.00 Cooling None Equipment Ceiling Fan Heating Natural Gas

Property Features

Assessed Total Value 2652195 Gross Income 22950 Gross Operating Income 9500 Like Units1 6 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 114000.00 Number Of Buildings 1 Number Of Units 17 Property Condition Updated/Remodeled Sale Type Standard Security Features Fire And Smoke Detection SystemExterior Security LightsGatedSmoke Detector Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 161400 Type Of Units Mixed Use Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lac2

Listing provided courtesy of William Creed DRE# of Clement Partners Real Estate.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-20T23:43:00.543. 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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