Skip To Content

    2801 Vineyard Ave

    Los Angeles, CA 90016
    • $1,395,000
    • STATUS: Active
    • ON SITE: 18 days
    • ID#: 21-758796
    UPDATED: 208 min ago
    $1,395,000
    • 4
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,578
      SQFT
    • $305
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1924
    County:

    School Ratings & Info

    Description

    Classic 4-plex in West Adams Arts District, the hottest real estate secret in Los Angeles. Invest in the up-and-coming area now, and watch the neighborhood continue to flourish...and your investment grow! Massive upside in rents. Two (2) ground floor units will be delivered vacant. Two (2) upper units delivered with tenants in place. All units are over 1000 sqft each. Lots of character and potential to convert to 2bd units. Solar recently installed to reduce utility costs. Rear of property has four 1-car garages that offer an easy build opportunity for a 5th ADU unit. Additional features include: property zoned R2, located in Los Angeles state enterprise zone, and TOC Tier 3 for even more future property development potential. Walk to soon-to-open Crenshaw Expo Line or many hip restaurants, galleries and boutique shops opening soon on Adams Blvd. Easy commute to DTLA, Hollywood, LAX, and Santa Monica. Bike to Cumulus project or Culver City. This is a great property in a centrally located area with lots of upside development options. Lock in your investment today before this popular area is yesterday's news to everyone else. You wont be disappointed!

    Monthly Payment Calculator



    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-07-27T23:42:33.61. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.theparsonsrealestateteam.com/homes/119136388
    Print Image

    2801 Vineyard Ave Los Angeles, CA 90016

    • Price: $1,395,000
    • Status: Active
    • Updated: 208 min ago
    • ID#: 21-758796
    4
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    4,578
    SQFT
    $305
    $/SQFT
    1924
    Built
    Neighborhood:
    Mid Los Angeles
    County:
    Los Angeles
    Area:
    Mid Los Angeles
    Property Description
    Classic 4-plex in West Adams Arts District, the hottest real estate secret in Los Angeles. Invest in the up-and-coming area now, and watch the neighborhood continue to flourish...and your investment grow! Massive upside in rents. Two (2) ground floor units will be delivered vacant. Two (2) upper units delivered with tenants in place. All units are over 1000 sqft each. Lots of character and potential to convert to 2bd units. Solar recently installed to reduce utility costs. Rear of property has four 1-car garages that offer an easy build opportunity for a 5th ADU unit. Additional features include: property zoned R2, located in Los Angeles state enterprise zone, and TOC Tier 3 for even more future property development potential. Walk to soon-to-open Crenshaw Expo Line or many hip restaurants, galleries and boutique shops opening soon on Adams Blvd. Easy commute to DTLA, Hollywood, LAX, and Santa Monica. Bike to Cumulus project or Culver City. This is a great property in a centrally located area with lots of upside development options. Lock in your investment today before this popular area is yesterday's news to everyone else. You wont be disappointed!
    Exterior Features

    Cross Streets Adams Blvd. Lot Size Area 6498 Other Structures None Parking Garage DrivewayGarageGated Total Parking 6

    Interior Features

    Baths Total 4.00 Cooling Ceiling FanWindow Unit(S) Equipment None Heating Wall

    Property Features

    Assessed Total Value 630245 Gross Income 68844 Gross Operating Income 68844 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 43504.00 Number Of Buildings 1 Number Of Units 4 Owner Pays WaterGardener Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 25340 Type Of Units Quad Water Heaters YN Yes Year Built Source Other Zoning Lar2

    Listing provided courtesy of Andrew Watkins DRE#01478668 of Keller Williams Silicon Beach.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-07-27T23:42:33.61. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
    https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_2_21-758796-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_2_21-758796-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_2_21-758796-2.jpg
    Logo
    The Parsons Team | Keller Williams Realty
    251 S. Lake Ave #150
    Pasadena CA, 91101