Active
3406 Virginia Rd
Los Angeles CA, 90016
$3,050,000
$365.62 per sqft
Active
17 Beds
16 Baths
8,342 sqft
Multi-family
Built in 1947
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.
24-456927
MLSⓇ ID
October 25, 2024
Listed
November 15, 2024
Updated
Map
3406 Virginia Rd
Los Angeles CA, 90016
Interior Features
Total Stories
2
Bedrooms
17
Total Bathrooms
16
Appliances
Built-Ins
Floor Description
Wood
Fireplace
No
Cooling
Yes
Cooling Description
Air Conditioning
Heating
Yes
Heating Description
Wall
Exterior/Building Features
Lot Size
0.17 Acres
Lot Features
Lot Shape-Rectangular, Single Lot
Architectual Style
Low Rise
Other Property Details
Area Name
Park Hills Heights
Days on Market
20
Garage
No
Parking
None
Parking Total
0
View
Yes
View Description
City
County
Los Angeles
Pool
No
Pool Features
None
Zoning
LACM
Listing History
Date | Event | Price |
---|---|---|
11/15/2024 | Price change | $3,050,000 -8% |
Listed by Jason Tuvia with Marcus & Millichap
Listing Contact: 818-448-4415
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Aspire Los Angeles shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 11/15/2024