2901 Somerset Drive Los Angeles, CA $ 1,649,000
2901 Somerset Drive
$ 1,649,000
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2901 Somerset Drive

Los Angeles, CA, 90016
$ 1,649,000
Baths0.0 Sq 5,034

Monthly Estimate*

$ 10,288

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,649,000. This 5,034 square foot home was built in 1929 on a lot size of 0.13.

Just Reduced! Charming and well-maintained Spanish-style 6-unit building located in the desirable Mid-City/West Adams neighborhood between Adams and Jefferson Blvd. The majority of units have been updated within the past 7 years and feature modern kitchens, renovated baths, in-unit washer/dryers, and central air & heat. The property sits on a prominent corner lot with two separate buildings (Somerset and 29th St. addresses) and offers three garage spaces, three additional parking spots, and extra storage.With market-rate rents and room for additional income growth, this asset also presents ADU potential by converting the garage and storage area. Recent improvements include updated plumbing and electrical systems, low-maintenance landscaping with sprinklers, and a strong rental history with consistently low vacancy. Drive by anytime, and contact the listing agent for the Offering Memorandum or to schedule a tour. One 2bed/2bath currently vacant. Additional Storage on property.

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Multi-Family Active

Price

$ 1,649,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Spanish

Lot Size

0.13

Year Built

1929

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0025586817

Features
General
Living Area 5034.0
Heating Central
Cooling Central Air
Zoning LARD2
Architectural Style Spanish
Security Features Smoke Detector(s) Carbon Monoxide Detector(s)
Year Built 1929
Tenant Pays Trash Collection Electricity Gas Water Cable TV Insurance
Levels Two
County Los Angeles
Net Operating Income 116000.0
New Construction No
Property Type C
HOA No
Status Active
City Los Angeles
Senior Community Y/N No
MLS Area C16 - Mid Los Angeles
Lot Size Units Square Feet
Lot Size Square Feet 5669.0
Property Attached Y/N Yes
Structure Type None
Standard Status Active
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Interior
Flooring Wood
Kitchen Appliances Refrigerator Dishwasher Microwave Gas Cooktop Oven
Fireplace Features Decorative
Total Stories 2
Common Walls 1 Common Wall
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Screens Double Pane Windows
Fireplace Y/N Yes
Laundry Features Washer Included Dryer Included
Total Baths 0
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Exterior
Parking Features Assigned
Lot Size Area 5669.0
Spa No
Pool Y/N? No
Building Area Total 5034.0
Lot Size Acres 0.13
Land Lease Type Fee
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* Excluded Features
List By
Wesley Earley

Listing Agent

Equity Union

Broker

Affordability Calculator

$10,288
Per Month
100%
0%
0%
Monthly Principal & Interest
$10,288
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/24/2025$1,699 -99.91% Price Down
10/13/2025$1,799,000 -2.70% Price Down
9/28/2025$1,849,000 -2.63% Price Down
9/3/2025$1,899,000 Listed Price

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2901 Somerset Drive, Los Angeles, CA, 90016 is a Multi-Family Home for sale at $1,649,000 with 5,034 sqft and a lot size of 0.13. 2901 Somerset Drive is a studio with 0.0 baths and was built in 1929. The property's zip code is 90016 which is in Los Angeles, CA