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2615 Somerset Drive

Los Angeles, CA 90016

$1,275,000 Sale Price
Est. Payment: $ 0/mo
4
Bed
0
Bath
2,083 Sq. Ft.
$624 / Sq. Ft.
Sold

2615 Somerset Drive

Los Angeles, CA 90016

Sold
$1,275,000 Sale Price
$0/mo
4
Bed
0
Bath
2,083
Sq. Ft.
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.
PROPERTY INFORMATION
MLS # 24379993 Lot Size 6,285 Sq. Ft.
HOA Fees $0/Monthly Property Type N/A
Price $ 1,299,000
Price Per SqFt: $ 624
DOM 385 Days
Address 2615 Somerset Drive Type Residential Income
City Los Angeles Sq.Ft. 2,083 Sq. Ft.
Postal Code 90016 Garage 2
County Los Angeles Year Built 1927
Bed / Bath 4 / 0 Parking 2
Built In 1927 Status Closed
Sold Date 2024-06-14
INTERIOR FEATURES
Has Appliances Yes
Kitchen Appliances Microwave, Refrigerator
Has Heating Yes
Heating Information Wall Furnace
Has Cooling No
Cooling Information None
EXTERIOR FEATURES
WALKSCORE
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $1,386
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
04/15/2024 Listed $1,299,000
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Listing provided courtesy of Aram Gaboudian, Keller Williams Downtown LA. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.
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