3400 Somerset Drive
- – beds
- – baths
- – sqft
- 6,250 sqft lot
- 1930 build
- – on site
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.
Last checked:
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Last updated May 11, 2021
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MLS# 21719750 —
Amenities & Taxes
The Building
- Year Built:
- 1930
- Building Area Total:
- 5760.00
- Number Of Buildings:
- 1
- Total Number Of Units:
- 8
- Stories Total:
- 2
Location
- Directions:
- Located West of the Crenshaw and Jefferson Boulevard intersection and only a five-minute walk to the Crenshaw/Exposition Metro, the subject property is located in the West Adams neighborhood of Los Angeles.
- Latitude:
- 34.02525600
- Longitude:
- -118.33717700
The Property
- Zoning:
- LACM
- Lot Size Area:
- 6250.0000
- Lot Size Acres:
- 0.1400
- Lot Size Square Feet:
- 6250.00
- Lot Size Source:
- Assessor
Listing Agent
- Contact info:
- No listing contact info available
The Listing
- Buyer's Brokerage Compensation:
- 2.500%
- Special Listing Conditions:
- Standard
- Buyer's Brokerage Compensation:
- $2.50
- Parcel Number:
- 5046002004
The Community
- Senior Community:
- No
Parking
- Parking:
- Yes
- Parking:
- Garage - Single Door
- Parking Spaces:
- 6.00
- Garage Spaces
- 6.00
Schools
| Rating | Details | |
|---|---|---|
Virginia Road Elementary School
|
||
Susan Miller Dorsey Senior High School
|
||
Johnnie L Cochran Jr Middle School
|
GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.
The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org
Flood Risk
Flood Factor® provides comprehensive flood risk information from rain, rivers, tides and storm surge and incorporates how future flood risk is changing over time because of a changing environment.
Flood Factor is a 1-10 scoring, from minimal to extreme, that tells you a property’s potential risk of flooding at least once over the life of a 30 year mortgage.
Flood risk data is provided by Flood Factor®, a product of First Street Foundation®. The Flood Factor model is designed to approximate flood risk and not intended to include all possible risks of flood.
- FEMA Zone (est.):
-
Flood insurance:
MassiveCert estimates that this property is in FEMA Zone AE, which means that flood insurance is federally required.
Flood likelihood over time
| year | probability |
|---|---|
| 1y | 1% |
| 5y | 6% |
| 10y | 11% |
| 15y | 15% |
| 20y | 19% |
| 25y | 23% |
| 30y | 27% |
Because risk accumulates over time, this property has a 27% chance of flooding within the next 30 years.
Provided by Flood Factor™
View a full report on FloodFactor.com
WalkScore®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
View a full reportThis is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/15/21
Apr 15, 2021
|
Listed / Active | CRMLS_CA | $1,995,000 |