3400 Somerset Drive
Los Angeles, CA 90016
- – beds
- – baths
- – sqft
- 6,250 sqft lot
- 1930 build
- – on site
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I am pleased to offer for sale an eight-unit apartment community located at 3400 Somerset Drive. The property consists of one 5,760 square foot building situated on a6,250 square foot parcel. The unit mix is comprised of six one-bedrooms and two two-bedroom units. There are six garage spaces at the rear of the building for parking. West Adams sits in an opportunity zone, making it highly attractive to investors. Developers like CIM Group, 4D Developments and Redcar Properties all have projects under way in this neighborhood. The future of West Adams is drawing comparisons to Abbot Kinney and Highland Park which allows a new investor to benefit from future rent growth and appreciation potential.
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Last updated Apr 20, 2024
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MLS# 21719750 —
Walk Score®
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Soundscore™
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Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
8/27/21
Aug 27, 2021
|
Sold | CRMLS_CA | $1,950,000 | -2.3% |
|
6/23/21
Jun 23, 2021
|
Pending | CRMLS_CA | $1,995,000 | |
|
4/15/21
Apr 15, 2021
|
Listed / Active | CRMLS_CA | $1,995,000 |