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2901 Somerset Drive Los Angeles, CA $ 1,649,000
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$ 1,649,000 Get more info
2901 Somerset Drive
$ 1,649,000
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Share Save

2901 Somerset Drive

Los Angeles, CA, 90016
$ 1,649,000
Bedrooms10 Baths1.0 Sq 5,034

Monthly Estimate*

$ 10,288

Listed by Equity Union
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Multi-Family Home for sale in Los Angeles, CA

for $1,649,000 with 10 bedrooms and 1 full bath. This 5,034 square foot home was built in 1929 on a lot size of 0.1301.

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

10

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1301

Year Built

1929

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

25586817

Days on Market

108
Features
General
Living Area 5034
Heating Central
Cooling Central Air
Possession Close Of Escrow
Appliances Dishwasher Gas Cooktop Microwave Oven Refrigerator Dryer Washer
Zoning LARD2
Architectural Style Spanish
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Year Built 1929
Tenant Pays Cable TV Electricity Gas Insurance Trash Collection Water
Stories Count 2
Levels Two
Gross Income 156348
County Los Angeles
Net Operating Income 116000
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions Somerset between Adams & Jefferson - corner lot
City Los Angeles
Senior Community Y/N false
Open Parking Spaces 3
Number Of Units Total 6
MLS Area C16 - Mid Los Angeles
Lot Size Units Square Feet
Lot Size Square Feet 5669
Spa Features None
Property Attached Y/N true
Standard Status Active
Cap Rate 7.03
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Interior
Flooring Wood
Fireplace Features Decorative
Total Stories 2
Common Walls 1 Common Wall
Air Conditioning Y/N true
Heating Y/N true
Window Features Double Pane Windows Screens
Fireplace Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 10
Total Baths 9
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Exterior
Parking Features Assigned Door-Multi Garage
Total Parking 3
Lot Size Area 5669
Number of Buildings 2
Spa false
Building Area Total 5034
Lot Size Acres 0.1301
Private Pool false
Number of Separate Gas Meters 6
Number of Separate Electric Meters 6
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* Excluded Features
List By
Equity Union

Broker

wesley.earley@gmail.com

Email

Affordability Calculator

$10,288
Per Month
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Monthly Principal & Interest
$10,288
Monthly Property Taxes
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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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/8/2025$1,649,000 -2.94% Price Down
11/20/2025$1,699,000 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 0.1301. 2901 Somerset Drive has 10 bedrooms, 1.0 baths, and was built in 1929. The property's zip code is 90016 which is in Los Angeles, CA

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