2810 SOMERSET DR
LOS ANGELES, CA 90016
$1,200,000
4 Beds
4 Baths
4,643 Sq Ft
Status Active Under Contract
MLS# 24-448595
This prime 4 unit asset located in the iconic West Adams neighborhood of Los Angeles is available. With a potential cap rate of 9.8, buying this building is a no-brainer from an investment perspective. Currently three units are occupied and one unit will be delivered vacant. Each unit has washer and dryer hookups in the unit and each unit has its own garage space (total 4 garage spaces) making it easy to rent out to prospective tenants. When you own buildings like this there will not be a lot of turnover. The units are almost 1200 sq feet each, could easily be converted into two bedrooms which would yield even more rent and an even better cap rate. There is space in the back for additional parking or to build an ADU to further get additional rents. If you're looking for a great as-is or value add investment then you don't want to miss this one.
Details for 2810 SOMERSET DR
Built in 1929
$258 / Sq Ft
4 parking spaces
Wall Unit(s),Wall/Window,Window Unit(s)
Central
14 Days on website
0.1444 acres lot
Area Information for 2810 SOMERSET DR
