2946 S Western Ave, Los Angeles, CA 90018
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Courtney Poulos

Courtney Poulos

+1(323) 919-0375
$ 1,100,000
Est. payment | /mo

11 Beds

4 Baths

3,280 SqFt

Save
$ 1,100,000
Est. payment | /mo
Save

11 Beds

4 Baths

3,280 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,280 sqft

Price per Sqft $335

MLS Listing ID 26855359

Bedrooms 11

Year Built 1961

Lot Size 5,761 Sqft

Acres 0.1322

Property Sub-Type Multi-Family

Property Description

Excellent opportunity to acquire a cash-flowing four-plex in the high-demand Adams-Normandie neighborhood of Los Angeles. Situated on a 5,761-square-foot LAC2-zoned lot, this two-story asset offers significant upside potential through immediate rental repositioning and future redevelopment.The property features a strong unit mix consisting of three spacious 3-bedroom, 1-bathroom units and one 2-bedroom, 1-bathroom unit, totaling approximately 3,280 square feet. One 3-bedroom unit will be delivered vacant at the close of escrow, making this an ideal opportunity for an owner-user looking to occupy a unit while generating income, or an investor aiming to immediately renovate and capture market rents. The remaining units are tenant-occupied, with interiors kept in clean, original, and fully operable condition.The property is exceptionally well-structured for an investor, featuring four separate water meters so that tenants pay for their own gas, electricity, water, sewer, trash, and laundry usage. Owner responsibilities are kept to a minimum, covering only common area electricity, water, and landscaping. Recent capital expenditures have enhanced the asset's curb appeal and reduced deferred maintenance, including a newly painted exterior, a recently resurfaced parking lot, and updated stairwell lighting. Secured within a gated perimeter, the building provides a dedicated off-street parking lot for tenants and an on-site laundry room operated by "Wash." Positioned in a prime, highly accessible commuter pocket near USC, Downtown LA, and Koreatown, the location offers quick access to the Expo Metro line and the 10 and 110 freeways. Furthermore, the large lot and favorable LAC2 zoning provide an attractive long-term redevelopment play by utilizing local density incentives, though buyers are advised to verify all potential. Buyer and buyer's agent to conduct their own due diligence, investigations, and inspections regarding all aspects of the property to their full satisfaction.

Location

State CA

County Los Angeles

Area Mid Los Angeles

Zoning LAC2

Rooms

Other Rooms None

Dining Room 0

Interior

Heating Wall

Cooling None

Flooring Carpet, Tile

Fireplaces Type None

Equipment Garbage Disposal

Laundry Room, Community

Exterior

Parking Features Garage - None, Gated

Garage Spaces 6.0

Pool None

Waterfront Description None

View Y/N No

View None

Handicap Access None

Building

Lot Description Fenced, Front Yard, Sidewalks, Street Paved, Exterior Security Lights, Curbs

Story 2

Sewer In Street

Water District

Level or Stories Two

Structure Type Stucco, Wood Siding

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Kallen Capital Lending Inc

Nearby Locations

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Courtney Poulos
Courtney Poulos

Broker-Owner | Lic#  01882678

+1(323) 919-0375

4516 Eagle Rock Blvd, Los Angeles, CA, 90041

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2946 S Western Ave