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3551 S Western Avenue

Los Angeles (City), CA 90018
  • $3,540,000
  • STATUS: Active
  • ON SITE: 32 Days
  • ID#: 22149179
UPDATED: 50 min ago
$3,540,000
  • 0
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1957
County:

School Ratings & Info

Listing Agent(s): William of Clement Partners Real Estate (310-822-7262)


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 California Regional Multiple Listing Service, Inc. as of 2022-05-25T21:30:18.813. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
www.northsdrealty.com/homes/127976774
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3551 S Western Avenue Los Angeles (City), CA 90018

  • Price: $3,540,000
  • Status: Active
  • On Site: 32 Days
  • Updated: 50 min ago
  • ID#: 22149179
0
Beds
0
Baths
0
½ Baths
0.28
Acres
1957
Built
Neighborhood:
C16 - Mid Los Angeles
County:
Los Angeles
Area:
C16 - 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

Parking Features Assigned Parking Total 21

Interior Features

Cooling None Cooling YN No Heating Natural Gas Heating YN Yes Interior Features Ceiling Fan(S)

Property Features

Association Fee 0 Community Features Gated Disclosures Rent Control Gross Income 22950 Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 114000 New Construction YN No Property Condition Updated/Remodeled Rent Control YN Yes Security Features Fire Detection SystemGated CommunitySmoke Detector(S) Senior Community YN No Special Listing Conditions Standard Zoning Lac2



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-25T21:30:18.813. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
 
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The Houston Team | Compass CA DRE#01991628
2100 Costa Del Mar
Carlsbad CA, 92009
Listing Agent(s): William of Clement Partners Real Estate (310-822-7262)