See all 32 photos
$1,649,000
Est. payment /mo
10 Beds
9 Baths
5,034 SqFt
Price Dropped by $50K
2901 Somerset DR Los Angeles, CA 90016
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 5,034 sqft
Price per Sqft $327
MLS Listing ID 25586817
Bedrooms 10
HOA Y/N No
Year Built 1929
Property Description
Just Reduced! Charming and well-maintained Spanish-style 6-unit building located in the desirable Mid-City/West Adams neighborhood between Adams and Jefferson Blvd. The majority of units have been updated within the past 7 years and feature modern kitchens, renovated baths, in-unit washer/dryers, and central air & heat. The property sits on a prominent corner lot with two separate buildings (Somerset and 29th St. addresses) and offers three garage spaces, three additional parking spots, and extra storage.With market-rate rents and room for additional income growth, this asset also presents ADU potential by converting the garage and storage area. Recent improvements include updated plumbing and electrical systems, low-maintenance landscaping with sprinklers, and a strong rental history with consistently low vacancy. Drive by anytime, and contact the listing agent for the Offering Memorandum or to schedule a tour. One 2bed/2bath currently vacant. Additional Storage on property.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LARD2
Interior
Heating Central
Cooling Central Air
Flooring Wood
Fireplaces Type Decorative
Fireplace Yes
Appliance Dishwasher, Gas Cooktop, Microwave, Oven, Refrigerator, Dryer, Washer
Exterior
Parking Features Assigned, Door-Multi, Garage
Pool None
Total Parking Spaces 3
Private Pool No
Building
Story 2
Entry Level Two
Architectural Style Spanish
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5050020001
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Special Listing Condition Standard

Listed by Wesley Earley Equity Union
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