3520 Farmdale Ave, Los Angeles, CA 90016

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

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List Price
$1,250,000
MLS#
26106425
Year Built
1944
Bedrooms
5
Bathrooms
3
Living Sq. Ft
2,212
Lot Size
6,195
Days on Market
3
Property Type
Multifamily
Style
A-Frame
Stories
2

Property Description

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.

Additional Information

Other Buildings
None
Heat
Wall
Cooling
None
View
None
Number of Cars in Garage
Carport Detached
School District
Los Angeles Unified

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Courtesy of Yolanda Washington, Yolanda Washington - CA DRE#01217434

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