3520 Farmdale Avenue,Los Angeles, CA 90016
Los Angeles, CA 90016
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.
Details
| MLS # | 26846631 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1944 |
| Days On Site | 87 |
| Listing Provided By | Yolanda Washington | Yolanda Washington |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 3 |
| SQ Feet | 2,212 |
| Car Port | Yes |
| Story(s) | 2 |
| Units | 3 |
| Building(s) | 1 |
| Zoning | LAR3 |
| Acreage | 0.14 |
| Property View | None |
Interior
| Cooling | None |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Detached Carport |
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90016 |
| Area | PHHT Park Hills Heights |
| Listing VS Median (in 90016) | |
Price: $1,250,000 low | high Med: $1,949,000 sqft: 2,212 low | high Med: 4,970 $ / sqft: $565 low | high Med: $392 On site: 87 low | high Med: 101 | |
Market Activity 90016
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90016 |
| Area | PHHT Park Hills Heights |
| Listing VS Median (in 90016) | |
Price: $1,250,000 low | high Med: $1,949,000 sqft: 2,212 low | high Med: 4,970 $ / sqft: $565 low | high Med: $392 On site: 87 low | high Med: 101 | |
 | $1,200,0003526 FarmdaleLos Angeles, CA 90016 |
 | $1,250,0003514 Farmdale AvenueLos Angeles, CA 90016 |