Property · 2 recorded sales since 2016
Listing Agent: Aram Gaboudian (DRE #01493911) · Listing Office: Keller Williams Los Angeles · Contact: 626-593-7560 · Bought with: Robert Cipolloni · Dwelling · MLS #24379993 · Source: CRMLS
Somerset Bungalows is a well maintained 4 plex located in trendy West Adams. There are two 2 unit detached buildings. Each unit is 1 bed 1 bath. Total rents is $7432/mo or $89,184/year. In the front building, unit 1 rent is $1872/mo, unit 2 is $1760/mo. In the back building, unit 3 rent is $1900/mo, unit 4 is $1900/mo. Unit 4 has given notice to vacate and will be vacant by mid May. Proforma rents indicate $2050/mo for each unit or $98,400/year. The garage is prime for an ADU conversion with easy access from the alley. Buyer to confirm. Yard has been zero-scaped for low water usage. Owner only pays for water, gardener, and sewer. Laundry on site. Owner has made many improvements.
Listing description from the June 2024 sale, as reported to CRMLS.