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Jim & Jennie Real Estate Group

jimandjennie.re@gmail.com +1(619) 840-2023

$1,250,000

Est. payment - /mo

5 Beds

3 Baths

2,212 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,212 sqft

Price per Sqft $565

MLS Listing ID 26846631

Bedrooms 5

Construction Status Fixer

HOA Y/N No

Year Built 1944

Lot Size 6,194 Sqft

Property Description

Rare West Adams triplex delivered vacant at close of escrow. Property consists of one 1-bedroom, 1-bath unit and two 2-bedroom, 1-bath units, offering an excellent opportunity for investors, developers, or owner-users seeking immediate income potential and flexibility. With all units vacant, a new owner has the opportunity to establish market rents from day one. Ideally located near the Metro E Line, USC, Culver City, the Expo/Crenshaw transit corridor, shopping, dining, and major employment centers. This rapidly evolving neighborhood continues to attract investors and developers seeking long-term appreciation and redevelopment opportunities. Seller would like to sell this property together with the adjacent property located at 3514 Farmdale Avenue, which is also listed for sale. Together, the two properties offer approximately 12,000 square feet of combined lot area, presenting a unique opportunity to acquire neighboring parcels in a highly desirable growth corridor. Buyers are encouraged to investigate the development potential and highest and best use of the combined site. Property needs some updating and is being sold in its present AS-IS condition. Buyer to independently verify all information, including rents, expenses, square footage, permits, zoning, development potential, and applicability of rent control regulations.

Location

State CA

County Los Angeles

Area Phht - Park Hills Heights

Zoning LAR3

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Parking Features Detached Carport

View Y/N No

View None

Total Parking Spaces 3

Building

Faces West

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Construction Status Fixer

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 5046014020

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Standard

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Listed by Yolanda Washington Yolanda Washington #01217434

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Jim & Jennie Real Estate Group

+1(619) 840-2023

Broker/CEO | License ID: 01879102

Broker/CEO License ID: 01879102

3520 Farmdale AVE Los Angeles, CA 90016

Jim & Jennie Real Estate Group

Key Details

Location

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Schools

Others

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3520 Farmdale AVE