Keller Williams Realty - Jeff Menendez Homes
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Listing Courtesy Of: Keller Williams Realty Downey, 562-334-1500, Aram Gaboudian
Listing Sold By: Dwelling
Local Realty Services Provided By: Keller Williams Realty Larchmont
Overview
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$1,275,000
2615 Somerset Dr, Los Angeles, CA 90016
4 Beds
4 Baths
2,083 sq ft
.14 ac
$1,275,000

2615 Somerset Dr, Los Angeles, CA 90016

Estimation provided by Keller Williams Realty Inc.
4 Beds
4 Baths
2,083 sq ft
.14 ac
Sold
Sold

Property Description

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 Details

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Overview
Property Type
Residential Income
Property Size
2,083 sq ft
Year Built
1927
Days on Site
347 Days
HVAC
Heating: Wall
Parking
2 Parking Spaces
Jeff Menendez Homes
Corona/KW CA Premier
01855193

Activity History

VIEWS
0
SAVES
0
SHARES
0
Data provided by Keller Williams Realty, Inc.
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Purchase Price: $1,275,000
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Price & Tax History

Date
Event
Price
04/15/2024
Listed
$1,299,000
(+110.53%)
07/25/2016
Sold
$617,000
(+138.22%)
08/11/2003
Sold
$259,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$8,738
(+4.69%)
$688,046
Land 447,097 + Additions 240,949
2022
$8,346
(+1.32%)
$661,331
Land 429,737 + Additions 231,594
2021
$8,237
(+2.98%)
$661,331
Land 429,737 + Additions 231,594
2019
$7,999
(+3.89%)
$654,551
Land 425,331 + Additions 229,220
2017
$7,699
$629,136
Land 408,816 + Additions 220,320
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Car-Dependent Walkable Very Walkable
Jeff Menendez Homes
Corona/KW CA Premier
01855193

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