Homes for sale - 3406 Virginia RD, Los Angeles, CA 90016

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Engel & Völkers Palm Desert

palmspringsdesertrealestate@gmail.com +1(909) 327-2223

$ 3,050,000

Est. payment -/mo

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Price Dropped by $250K

3406 Virginia RD Los Angeles, CA 90016

17 Beds

16 Baths

8,342 SqFt

UPDATED:

11/15/2024 01:06 AM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,342 sqft

Price per Sqft $365

MLS Listing ID 24456927

Bedrooms 17

Construction Status Fixer,Repairs Cosmetic

HOA Y/N No

Year Built 1947

Lot Size 7,361 Sqft

Property Description

We are pleased to present a sixteen (16) unit apartment building located at 3406 Virginia Road in Los Angeles, California. The subject property is situated in a prime West Adams location, west of Crenshaw Boulevard and north of W Exposition Boulevard. Built in 1947, this property contains a good unit mix of fifteen (15) one-bedroom / one-bathroom units, and one (1) two-bedroom / one-bathroom unit. All units are currently occupied. This character, courtyard row style asset is gated and secure and features easily maintained landscaping while still having lovely curb appeal. The property is also right next to a nearly completed mixed-use office/retail building by Charles Company which will include a ground floor restaurant. Tenants will love being within a few miles of many trendy restaurants, nightlife, and entertainment options such as Highly Likely, Thinkspace Gallery, Harold & Belle's, Cinemark, Baldwin Hills Crenshaw Shopping Mall, and Rancho Cienega Recreation Center. The Expo/Crenshaw K-Line Metro Station is also conveniently located nearby offering residents quick and easy access to major employment hubs throughout Los Angeles. Positioned in an prime West Adams location, this offering presents an exceptional opportunity for an investor to capitalize on a character, asset with solid remaining rental upside potential in a submarket full of high profile new construction projects.

Location

State CA

County Los Angeles

Area Phht - Park Hills Heights

Zoning LACM

Interior

Heating Wall Furnace

Flooring Wood

Fireplace No

Exterior

Parking Features None

Pool None

Community Features Gated

View Y/N Yes

View City Lights

Private Pool No

Building

Lot Description Rectangular Lot

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Construction Status Fixer,Repairs Cosmetic

Others

Senior Community No

Tax ID 5046004036

Security Features Gated Community

Special Listing Condition Standard

Listed by Jason Tuvia • Marcus & Millichap

Engel & Völkers Palm Desert

Broker | License ID: d24350

+1(909) 327-2223

Engel & Völkers Palm Desert

3406 Virginia RD Los Angeles, CA 90016

Key Details

Location

Interior

Exterior

Building

Others

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3406 Virginia RD