3125 S Durango Avenue
Los Angeles, CA 90034
7333 sqft | 16 beds | 0.18 acres | #25546961
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.
Property Details
- Property SubtypeResidentialIncome
- Property TypeMulti-Family
- CountyLos Angeles
- Original List Price$2,550,000
- MLS #25546961
- MLS #25546961
- Cost2550000
- Acres0.1831
- Square Feet7333
- Year Built1957
- Bedrooms16
- Stories2
Location
Legal
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Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Chase Simonton (#CLW-X85641)
Listing Office: RE/MAX One (#CLW-X01091)
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