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Off market
  • $1,473,500

    2616 Somerset Dr, Los Angeles, CA 90016

    8beds
    4baths
    4,792sqft
    MultiFamily
    Built in 1928
    -- sqft lot
    $1,473,500 Zestimate®
    $307/sqft
    $4,022 Estimated rent

    Home value

    $1,473,500

    $1.27M - $1.71M

    $4,022/mo

    Zestimate® history
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    Owner options

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    $4,022/mo

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    Rent Zestimate®

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    $9,439/mo

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    $9,439/mo

    Est. payment

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    What's special

    GREAT OPPORTUNITY TO OWN A TWO STORY SPANISH STYLE INCOME PROPERTY IN THE HIGHLY DESIRED MID CITY AREA. THE PROPERTY FEATURES FOUR (4) WELL MAINTAINED SPACIOUS 2 BEDROOM AND 1 BATHROOM. ALL FOUR (4) UNITS HAVE A NICE SIZE LIVING ROOM AND A FORMAL DINING ROOM. EACH UNIT HAS A LAUNDRY AREA WITH WASHER AND DRYER HOOKUPS. THE PROPERTY HAS ALL THE ORIGINAL ARCHITECTURAL CHARACTERISTICS OF A SPANISH STYLE PROPERTY; ORIGINAL WINDOWS, CURVED INTERIOR ARCHES AND A SPACIOUS BALCONY. FOUR (4) ONE CAR GARAGES ADDITIONAL PARKING SPACE IN FRONT OF GARAGES. SELLERS HAVE COMPLETED SOME UPDATES. DON'T MISS OUT ON THIS GREAT INVESTMENT OPPORTUNITY TO PURCHASE INCOME PROPERTY IN THE RAPIDLY CHANGING MID CITY AREA MINUTES FROM CULVER CITY, MIRACLE MILE, BEVERLY CENTER, THE GROVE, EASY FREEWAY ACCESS AND WALKING DISTANCE TO THE EXPO LINE.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Other
    Cooling
    • None
    Features
    • Flooring: Other
    Interior area
    • Total interior livable area: 4,792 sqft

    Property

    Parking
    • Total spaces: 3
    Features
    • Exterior features: Stucco
    Lot
    • Size: 6,285 Square Feet
    Details
    • Parcel number: 5050001012

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1928

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $307/sqft
    • Tax assessed value: $1,092,420
    • Annual tax amount: $13,716

    Price history

    DateEventPrice
    1/23/2023Sold$1,050,000-8.7%$219/sqft
    Source: Public Record Report a problem
    11/2/2022Pending sale$1,150,000$240/sqft
    Source: CLAW #22-157893 Report a problem
    7/18/2022Price change$1,150,000-3.8%$240/sqft
    Source: CLAW #22-157893 Report a problem
    6/26/2022Listed for sale$1,195,000$249/sqft
    Source: CLAW #22-157893 Report a problem
    6/16/2022Contingent$1,195,000$249/sqft
    Source: CLAW #22-157893 Report a problem
    6/1/2022Price change$1,195,000-7.7%$249/sqft
    Source: CLAW #22-157893 Report a problem
    5/17/2022Listed for sale$1,295,000+49.7%$270/sqft
    Source: CLAW #22-157893 Report a problem
    4/29/2016Sold$865,000-4.9%$181/sqft
    Source: CLAW #16102168 Report a problem
    3/17/2016Pending sale$909,990$190/sqft
    Source: RE/MAX Alliance Group #16102168 Report a problem
    3/2/2016Listed for sale$909,990$190/sqft
    Source: RE/MAX Alliance Group #16102168 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,716 +1.4%$1,092,420 +2%
    2024$13,521 +8.3%$1,071,000 +8.8%
    2023$12,481 +4.7%$984,218 +2%
    2022$11,918 +1.4%$964,920 +2%
    2021$11,750 -1%$946,001 +1%
    2020$11,864 $936,302 +2%
    2019$11,864 +5.4%$917,944 +2%
    2018$11,261 $899,946 +2%
    2017$11,261 +2.2%$882,300 +250.8%
    2016$11,023 +222%$251,516 +1.5%
    2015$3,423 +0.2%$247,739 +2%
    2014$3,418 $242,887 +2.5%
    2012-- $237,051 +2%
    2011-- $232,404 +0.8%
    2010-- $230,668 -0.2%
    2009-- $231,217 +2%
    2008-- $226,684 +2%
    2007-- $222,240 +2%
    2006-- $217,883
    2005-- $217,883 +4%
    2004-- $209,425 +1.9%
    2003-- $205,588 +2%
    2002-- $201,558 +4%
    2000-- $193,733
    Find assessor info on the county website

    Neighborhood: West Adams

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,473,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,473,500