3514 Farmdale Avenue, Los Angeles, CA 90016

$1,250,000
5
BD
3
BA
2,212
SqFt

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List Price
$1,250,000
Status
ACTIVE
MLS#
26846649
Year Built
1944
Bedrooms
5
Bathrooms
3
Living Sq. Ft
2,212
Lot Size
6,327
Acres
0.15
Days on Market
53
Property Type
Multifamily
Stories
Two Levels

Property Description

Rare West Adams triplex featuring two units delivered vacant at close of escrow. Property consists of one 1-bedroom, 1-bath unit and two 2-bedroom, 1-bath units. Excellent opportunity for an owner-user or investor seeking immediate rental upside. One unit is tenant occupied at below-market rent, while the two vacant units provide the opportunity to achieve 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, developers, and owner-users seeking long-term growth potential. Seller prefers to sell this property together with the adjacent property at 3520 Farmdale Avenue, which is also available for purchase. Together, the two properties offer approximately 12,000 square feet of combined lot area, presenting a rare opportunity for investors, builders, and developers to explore future development possibilities and the highest and best use of the combined site in one of Los Angeles' most active growth corridors. Property to be 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.

Additional Information

Cooling Description
None
View
None
School District
Los Angeles Unified
Attached Structure
Attached
Number Of Units Total
3

Listing courtesy of Listing Agent: Yolanda Washington (realtor4yourhome@gmail.com) from Listing Office: Yolanda Washington.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.