CA > Los Angeles
Los Angeles, CA 90016,3406 Virginia Rd
Los Angeles, CA 90016,3406 Virginia Rd
Los Angeles, CA 90016,3406 Virginia Rd
20
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$3,050,000
Est. payment /mo
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17 BD
16 BA
8,342 SqFt
Price Dropped by $250K

3406 Virginia Rd Los Angeles, CA 90016

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Joshua Shorter

Joshua Shorter

+1(702) 728-0089

UPDATED:

11/14/2024 11:56 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,342 sqft

Price per Sqft $365

MLS Listing ID 24-456927

Style Low Rise

Bedrooms 17

Construction Status Fixer, Repair Cosmetic

Year Built 1947

Lot Size 7,363 Sqft

Acres 0.169

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 Park Hills Heights

Zoning LACM

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Air Conditioning

Flooring Wood

Equipment Built-Ins

Exterior

Parking Features None

Pool None

View Y/N Yes

View City

Building

Lot Description Lot Shape-Rectangular, Single Lot

Story 2

Architectural Style Low Rise

Level or Stories Two

Construction Status Fixer, Repair Cosmetic

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Marcus & Millichap

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Joshua Shorter

RE.S.0191694

+1(702) 728-0089

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3406 Virginia Rd