3955 2nd Avenue Los Angeles, CA $ 950,000
3955 2nd Avenue
$ 950,000
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3955 2nd Avenue

Los Angeles, CA, 90008
$ 950,000
Bedrooms6 Baths1.0 Sq 3,174

Monthly Estimate*

$ 5,849

Listed by McAlpin & Company
3955 2nd Avenue, Los Angeles, CA 90008 - Image 1
3955 2nd Avenue, Los Angeles, CA 90008 - Image 2
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Multi-Family Home for sale in Los Angeles, CA

for $950,000 with 6 bedrooms and 1 full bath. This 3,174 square foot home was built in 1933 on a lot size of 0.1506.

The subject property is a six-unit apartment building located in the Leimert Park neighborhood of Los Angeles. The complex was built in 1933 and contains of 3,174 square feet. There is a large 6,500 square feet lot which is zoned LAR1. The unit mix consists of all one-bedrooms averaging almost 600 square feet each. The monthly income is $6,321 per month and $75,860 annually. With a GRM of 12.5 and extremely low rents there is plenty of upside for a new owner

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Multi-Family Active

Price

$ 950,000

Bedrooms

6

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1506

Year Built

1933

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26641131

Days on Market

5

Features
General
Living Area 3174
Heating Wall Furnace
Cooling None
Zoning LAR1
Year Built 1933
Tenant Pays Electricity Gas
Stories Count 2
Levels Two
Gross Income 75860
County Los Angeles
Net Operating Income 54234
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Standard
Status Active
Buyer Financing Cash
Directions Martin Luther King Jr. Blvd and Crenshaw
City Los Angeles
Senior Community Y/N false
Number Of Units Total 6
MLS Area PHHT - Park Hills Heights
Lot Size Units Square Feet
Lot Size Square Feet 6562
Standard Status Active
Cap Rate 5.71
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Interior
Total Stories 1
Air Conditioning Y/N false
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 6
Total Baths 6
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Exterior
Parking Features Converted Garage
Total Parking 0
Lot Size Area 6562
Number of Buildings 2
Building Area Total 3174
Lot Dimensions 50x130
Lot Size Acres 0.1506
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* Excluded Features
List By
Mcalpin & Company

Broker

jerome@mcalpinco.com

Email

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$5,849
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Monthly Principal & Interest
$5,849
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Default based on a 30-year fixed rate of 6.25% 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
Pricing History
DatePricePrice ChangeDescription
1/23/2026$950,000 Listed Price

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3955 2nd Avenue, Los Angeles, CA, 90008 is a Multi-Family Home for sale at $950,000 with 3,174 sqft and a lot size of 0.1506. 3955 2nd Avenue has 6 bedrooms, 1.0 baths, and was built in 1933. The property's zip code is 90008 which is in Los Angeles, CA