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

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