5
See all 5 photos
$2,550,000
Est. payment /mo
16 Beds
8 Baths
7,333 SqFt
New
3125 S Durango AVE Los Angeles, CA 90034
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,333 sqft
Price per Sqft $347
MLS Listing ID 25546961
Bedrooms 16
HOA Y/N No
Year Built 1957
Lot Size 7,975 Sqft
Property Description
Pleased to present this rare 8-unit multifamilyinvestment opportunity located at 3125 S Durango Ave, situated in the highlydesirable Palms neighborhood of West Los Angeles. Built in 1957, the propertyfeatures 7,376 sq. ft. of rentable space on a spacious 8,001 sq. ft. lot zoned LAR3offering immediate income with significant value-add potential.The unit mix includes two 3-bedroom, 2-bath units; two 2-bedroom, 1.5-bathunits; two 2-bedroom, 1-bath units; and two 1-bedroom, 1-bath unitsan idealconfiguration for maximizing rentability across a variety of tenant profiles.The property includes 8 on-site parking spaces within a detached garage structure,with no seismic retrofit required. The detached parking area offers prime ADUconversion potential (buyer to verify), presenting an opportunity to increase unitcount and rental income.Current rents are well below market, offering a 29% rental upside through interiorrenovations and ADU expansion. Located just minutes from Downtown CulverCity, Sony Studios, and the Expo Line, this is a strategic Westside asset with bothimmediate and long-term investment potential.
Location
State CA
County Los Angeles
Area C09 - Beverlywood Vicinity
Zoning LAR3
Interior
Heating None
Cooling None
Fireplace No
Exterior
Parking Features None
Total Parking Spaces 7
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4311026005
Special Listing Condition Standard
Listed by Chase Simonton • RE/MAX One