Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

3

Building size

2,212 sqft

Lot size

6,195 sqft

Year built

1944

Stories

2

Heating

Wall Furnace

Cooling

None

View

None

Status

Active

Days on market

1

MLS #

249253389

About this property

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

3520 Farmdale Avenue

Los Angeles, Los Angeles, CA, 90016