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3551 S Western Ave
Los Angeles CA 90018 US

$3,199,000

Active Listing ID 25-476693
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Lot: 0.28 Acres
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Other

$3,199,000

Active Listing ID 25-476693
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3551 S Western Ave Excellent incoming producing property sitting on two commercially zoned lots with 22 parking spaces, 14 residential studio units, on the top floor, and three commercial spaces on the bottom floor. Run your business from the bottom floor while the residential tenants pay you for your building! Monthly income of nearly 29K! Incredible CAP and GRM! In a booming pocket of LA in the heart of where the Olympics will take place in 2028. Don't miss this value add property with plenty of upside. All commercial units pay for their electricity. Restaurant can be charged for garbage. 33.3 % of the occupied residential units pay a flat fee for utilities which can be adjusted if needed. Utilities are not included in their lease agreement. 5 units are government subsidized with Section 8 (4 HACLA, 1 HACOLA).

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Property Features

  • Facts
  • Lot Size: 0.28 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Ceiling Fan(s)
  • Floor Covering: Laminate, Tile, Tile - Ceramic

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 3199000
  • unparsedaddress: 3551 S Western Ave
  • postalcity: Los Angeles
  • stateorprovince: CA
  • country: US
  • postalcode: 90018
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.2808
  • lotsizeunits: Acres
  • lotsizearea: 0.2808
  • livingarea: 8000
  • livingareaunits: Square Feet
  • listagentfullname: William Creed
  • listagentemail: chris@bbackllc.com
  • listagentkey: 3yd-CLAWCA-C135827
  • listagentmlsid: C135827
  • listagentpreferredphone: 3108227262
  • listagentofficephone: 3108227262
  • listofficekey: 3yd-CLAWCA-X70225
  • listofficemlsid: X70225
  • disclaimer: Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CLAWCA
  • yearbuilt: 1957
  • listingcontractdate: 2025-01-05
  • listagenturl: http://www.clementpartners.com
  • countyorparish: Los Angeles
  • parcelnumber: 5041-013-002
  • appliances: Microwave
  • cooling: Ceiling Fan(s)
  • flooring: Laminate, Tile, Tile - Ceramic
  • numberofunitstotal: 17
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 22
  • parkingfeatures: Assigned
  • view: City
  • waterfrontyn: False
  • interiorfeatures: Basement, Turnkey, Storage Space
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Clement Partners", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"chris@bbackllc.com", "ListBrokerageCity":"Culver City", "ListBrokerageCountry":"US", "ListBrokerageEmail":"danK@clementpartners.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Clement Partners", "ListBrokeragePhone":"(310) 822-7262", "ListBrokeragePostalCode":"90066", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"12650 W Washington Blvd", "ListBrokerageWebsiteUrl":"http://www.clementpartners.com", "ListOfficeAddress1":"12560 West Washington Blvd.", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"X10733", "ListOfficeCity":"W. Los Angeles", "ListOfficeCountry":"US", "ListOfficeEmail":"danK@clementpartners.com", "ListOfficePostalCode":"90066", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential Income - Los Angeles, CA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/3551-S-Western-Ave_Los-Angeles_CA_90018_M10420-29169?f=listhub&s=CLAWCA-25&m=476693&c=rexren", "MLSModificationTimestamp":"2025-01-06T12:00:32Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/7/2025 4:02:34 PM GMT
Source Updated Date: 1/9/2025 6:49:30 AM GMT

Courtesy of: William Creed, Clement Partners Real Estate, chris@bbackllc.com

Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.