2616 SOMERSET Drive, Los Angeles, CA 90016

About this property

Great opportunity to own a 4 well maintained two story Spanish style income property in the highly desired mid city area. All units are spacious 2 bedroom and 1 bathroom with nice size living room and dining room. Curved interior arches with all original architectural characteristic and spacious balcony. Four one car garages with security gate. This property is located within the city of Los Angeles zoning area of LARD1.5 which may allow for additional unit to be built, check with city of Los Angeles. Property is subject to Rent stabilization Ordinance. Property will be sold "AS-IS" condition with current tenants in place. Submit offers subject to interior inspection. Do not walk on the property or disturb the tenants. DRIVE BY ONLY. Motivated Seller.

Listing description from the January 2023 sale, as reported to CRMLS.

Sale history

$1,050,000

Sold January 2023 · listed $1,150,000, orig. $1,295,000, on market May 2022 · MLS #22157893 · Source: CRMLS

Listing Agent: David Moradifar · Listing Office: HomeSmart, Evergreen Realty · Contact: 949-753-7888 · Bought with: Cameron Samimi · Lyon Stahl Investment Real Estate, Inc.

$865,000

Sold April 2016 · listed $909,990, on market March 2016 · MLS #16102168 · Source: CRMLS

Listing Agent: Walner H Hernandez · Listing Office: RE/MAX Alliance Group · Contact: 310-578-0348 · Bought with: Ethan Moradifar · Keller Williams Rlty Brentwood

Explore Los Angeles