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2616 Somerset Dr

Los Angeles, CA 90016
  • $1,195,000
  • STATUS: Active
  • ON SITE: 46 Days
  • ID#: 22-157893
UPDATED: 232 min ago
$1,195,000
  • 8
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,792
    SQFT
  • $249
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1928
County:

School Ratings & Info

Description

Great opportunity to own a 4 well maintained two story Spanish style income property in the highly desired mid city area. All units are spacious 2 bedroom and 1 bathroom with nice size living room and dining room. Curved interior arches with all original architectural characteristic and spacious balcony. Four one car garages with security gate. This property is located within the city of Los Angeles zoning area of LARD1.5 which may allow for additional unit to be built, check with city of Los Angeles. Property is subject to Rent stabilization Ordinance. Property will be sold "AS-IS" condition with current tenants in place. Submit offers subject to interior inspection. Do not walk on the property or disturb the tenants. DRIVE BY ONLY.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-07-02T23:42:50.78. 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.corrieluxuryhomes.com/homes/128819795
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2616 Somerset Dr Los Angeles, CA 90016

  • Price: $1,195,000
  • Status: Active
  • On Site: 46 Days
  • Updated: 232 min ago
  • ID#: 22-157893
8
Beds
0
Baths
0
½ Baths
0.14
Acres
4,792
SQFT
$249
$/SQFT
1928
Built
Neighborhood:
Mid Los Angeles
County:
Los Angeles
Area:
Mid Los Angeles
Property Description
Great opportunity to own a 4 well maintained two story Spanish style income property in the highly desired mid city area. All units are spacious 2 bedroom and 1 bathroom with nice size living room and dining room. Curved interior arches with all original architectural characteristic and spacious balcony. Four one car garages with security gate. This property is located within the city of Los Angeles zoning area of LARD1.5 which may allow for additional unit to be built, check with city of Los Angeles. Property is subject to Rent stabilization Ordinance. Property will be sold "AS-IS" condition with current tenants in place. Submit offers subject to interior inspection. Do not walk on the property or disturb the tenants. DRIVE BY ONLY.
Exterior Features

Lot Size Area 6286 Other Structures None Parking Garage DetachedAssigned Total Parking 4

Interior Features

Baths Total 4.00 Cooling None Equipment Other Flooring Other Heating Other

Property Features

Assessed Total Value 946001 Gross Income 50988 Gross Operating Income 50988 Like Units1 1 Like Units2 2 Like Units3 3 Like Units4 4 Net Operating Income 0.00 Number Of Buildings 1 Number Of Units 4 Owner Pays GardenerWater Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Tenant Pays GasElectricityCable Tv Total Annual Expense 0 Type Of Units Quadruplex Year Built Source Vendor Enhanced Zoning Lard1.5

Listing provided courtesy of David Moradifar DRE#01881072 of Compass.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-07-02T23:42:50.78. 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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Compass
8560 W Sunset Blvd 3rd Floor
Los Angeles CA, 90069