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2946 S Western Avenue

Los Angeles, CA 90018
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Bed 11

Bed

Bath 0

Bath

SqFt3,280

Sqft

SqFt5,761

Sqft(Lot)

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 op erable 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.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,100,000

AD Id : 87553309

MLS Id : 26855359

Beds : 11

Lot Size : 5,761 Sqft

Living Area Size : 3,280

Year Built : 1961

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 11

    Bathroom Information

    Total Baths: 4

    Flooring Information

    Carpet, Tile
  • Interior Features

    Appliances: Disposal
    Laundry Features: Common Area, Laundry Room
  • Heating & Cooling

    Has Heating: Yes Heating: Wall Furnace Cooling: None

  • Building Information

    Year Built: 1961
    Building Area Total: 3280
    Construction Materials: Stucco, Wood Siding
    Stories: 2
    Patio And Porch Features: None
    Pool Features: None
    Private Pool: No
    View: None

  • Lot Information

    Main Square Feet: 5761 Lot Size Acres: 0.1323 Lot Size Square Feet: 5,761 Lot Description: Front Yard

  • Listing Price Information

    Listing Price: $1100000

  • Tax Information

    Parcel Number: 5053009011

  • Location Information

    Direction: South of Adams Blvd and North of Jefferson Blvd. East side of Western between W 29th St and W 30th St. WaterSource: Public Security Features: Carbon Monoxide Detector(s),Gated Community,Smoke Detector(s)
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1930 S La Salle Avenue, Los Angeles, CA, 90018 $2,000,000 11 11 7,420 7,420 SqFt
1760 W 24th Street, Los Angeles, CA, 90018 $749,000 6 4 2,623 2,623 SqFt
2052 S Hobart Boulevard, Los Angeles, CA, 90018 $1,999,000 4 4 3,019 3,019 SqFt
2068 S Hobart Boulevard, Los Angeles, CA, 90018 $1,850,000 5 4 4,087 4,087 SqFt
1419 W 36th Street, Los Angeles, CA, 90018 $1,295,000 4 4 4,786 4,786 SqFt
3013 Halldale Avenue, Los Angeles, CA, 90018 $800,000 3 2 1,400 1,400 SqFt
3111 Halldale Ave., Los Angeles, CA, 90018 $950,000 4 2 1,545 1,545 SqFt
1444 W 37th Street, Los Angeles, CA, 90018 $4,500,000 -- -- 9,056 9,056 SqFt
2822 S La Salle Avenue, Los Angeles, CA, 90018 $1,625,000 10 6 4,320 4,320 SqFt
2248 S Hobart Boulevard, Los Angeles, CA, 90018 $1,575,000 3 4 4,210 4,210 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/20/2026 @ 20:37

MLS: 26855359 LISTED BY: Annette Story, Kallen Capital Lending Inc 213-271-9377 SOURCE: CRMLS

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