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Diego Magdaleno

diego@1visionproperties.com +1(714) 676-7271

$2,495,000

Est. payment - /mo

16 Beds

8 Baths

7,333 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 7,333 sqft

Price per Sqft $340

MLS Listing ID 25546961

Bedrooms 16

HOA Y/N No

Year Built 1957

Lot Size 7,975 Sqft

Property 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.

Location

State CA

County Los Angeles

Area C09 - Beverlywood Vicinity

Zoning LAR3

Interior

Heating None

Cooling None

Fireplace No

Exterior

Parking Features None

Total Parking Spaces 7

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4311026005

Special Listing Condition Standard

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Listed by Chase Simonton RE/MAX One

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3125 S Durango AVE Los Angeles, CA 90034