This prime 4 unit asset located in the iconic West Adams neighborhood of Los Angeles is available. With a potential cap rate of 9.8, buying this building is a no-brainer from an investment perspective. Currently three units are occupied and one unit will be delivered vacant. Each unit has washer and dryer hookups in the unit and each unit has its own garage space (total 4 garage spaces) making it easy to rent out to prospective tenants. When you own buildings like this there will not be a lot of turnover. The units are almost 1200 sq feet each, could easily be converted into two bedrooms which would yield even more rent and an even better cap rate. There is space in the back for additional parking or to build an ADU to further get additional rents. If you're looking for a great as-is or value add investment then you don't want to miss this one.
Sold for $1,175,000
Tax assessed value
$1,175,000
2810 Somerset Dr, Los Angeles, CA 90016
4beds
4baths
4,643sqft
Multi Family
Built in 1929
-- sqft lot
$1,700,600 Zestimate®
$253/sqft
$4,873 Estimated rent
Home value
$1,700,600
$1.43M - $2.02M
$4,873/mo
Zestimate® history
Owner options
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$4,873/mo
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$4,873/mo
Rent Zestimate®
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$7,507/mo
Est. payment
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$7,507/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Mark King DRE # 02139777 310-237-8749,
KRE8 Realty 310-912-7515
Bought with:
Jonathan Kohanoff, DRE # 01962090
Jonathan Kohanoff
Source: CLAW,MLS#: 24-448595
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Central
Cooling
- Wall Unit(s), Wall/Window Unit(s), Window Unit(s)
Appliances
- Included: Dishwasher, Dryer, Washer
- Laundry: Stackable W/D Hookup
Features
- Flooring: Wood, Wood Under Carpet
Interior area
- Total structure area: 4,643
- Total interior livable area: 4,643 sqft
Property
Parking
- Total spaces: 4
- Parking features: Assigned, Garage - 4+ Car
- Garage spaces: 4
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: City, City Lights
Lot
- Size: 6,290 Square Feet
Details
- Additional structures: Other
- Parcel number: 5050016005
- Zoning: LARD1.5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Spanish
- Property subtype: Multi Family
Condition
- Year built: 1929
Utilities & green energy
- Water: Public
Community & HOA
Community
- Security: None
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $253/sqft
- Tax assessed value: $458,220
- Annual tax amount: $14,688
- Date on market: 12/10/2025
- Total actual rent: 3977
Price history
| Date | Event | Price |
|---|---|---|
| 11/25/2024 | Sold | $1,175,000-2.1%$253/sqft |
Source:  CLAW #24-448595 Report a problem | ||
| 11/20/2024 | Pending sale | $1,200,000$258/sqft |
Source: CLAW #24-448595 Report a problem | ||
| 10/23/2024 | Contingent | $1,200,000$258/sqft |
Source: CLAW #24-448595 Report a problem | ||
| 10/11/2024 | Listed for sale | $1,200,000$258/sqft |
Source: CLAW #24-448595 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,688 +138.2% | $1,175,000 +151.4% |
| 2024 | $6,167 +1.8% | $467,383 +2% |
| 2023 | $6,059 +4.5% | $458,220 +2% |
| 2022 | $5,798 +1.7% | $449,237 +2% |
| 2021 | $5,699 -0.8% | $440,429 +1% |
| 2020 | $5,747 | $435,914 +2% |
| 2019 | $5,747 +6.1% | $427,368 +2% |
| 2018 | $5,416 | $418,990 +2% |
| 2017 | $5,416 +2.1% | $410,775 +2% |
| 2016 | $5,306 +3.3% | $402,722 +1.5% |
| 2015 | $5,136 +0.6% | $396,674 +2% |
| 2014 | $5,106 | $388,904 +2.5% |
| 2012 | -- | $379,557 +2% |
| 2011 | -- | $372,116 +0.8% |
| 2010 | -- | $369,336 -0.2% |
| 2009 | -- | $370,214 +2% |
| 2008 | -- | $362,956 +2% |
| 2007 | -- | $355,840 +2% |
| 2006 | -- | $348,864 |
| 2005 | -- | $348,864 +4% |
| 2004 | -- | $335,319 +1.9% |
| 2003 | -- | $329,174 +9.7% |
| 2002 | -- | $300,000 +8.7% |
| 2000 | -- | $276,000 |
Find assessor info on the county website
Neighborhood: West Adams
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Nearby schools
GreatSchools rating
- 8/10Virginia Road Elementary SchoolGrades: K-5Distance: 0.2 mi
- 3/10Johnnie Cochran, Jr., Middle SchoolGrades: 6-8Distance: 1 mi
- 3/10Susan Miller Dorsey Senior High SchoolGrades: 9-12Distance: 0.8 mi
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Estimated market value
$1,700,600
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
$1,700,600
- California
- Los Angeles County
- Los Angeles
- 90016
- West Adams
- 2810 Somerset Dr
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