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$1,250,000
Listing Price5beds
3baths
2,212sqft
6,358sqft lot
3514 Farmdale Ave, Los Angeles, CA 90016
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
Rare West Adams triplex featuring two units delivered vacant at close of escrow. Property consists of one 1-bedroom, 1-bath unit and two 2-bedroom, 1-bath units. Excellent opportunity for an owner-user or investor seeking immediate rental upside. One unit is tenant occupied at below-market rent, while the two vacant units provide the opportunity to achieve market rents from day one. Ideally located near the Metro E Line, USC, Culver City, the Expo/Crenshaw transit corridor, shopping, dining, and major employment centers. This rapidly evolving neighborhood continues to attract investors, developers, and owner-users seeking long-term growth potential. Seller prefers to sell this property together with the adjacent property at 3520 Farmdale Avenue, which is also available for purchase. Together, the two properties offer approximately 12,000 square feet of combined lot area, presenting a rare opportunity for investors, builders, and developers to explore future development possibilities and the highest and best use of the combined site in one of Los Angeles' most active growth corridors. Property to be sold in its present AS-IS condition. Buyer to independently verify all information, including rents, expenses, square footage, permits, zoning, development potential, and applicability of rent control regulations.
Interior Details
2212
5
3
Has Heating:
No
Heating Type:
N/A
Has Cooling:
Yes
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
6358
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Triplex
N/A
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$3,420
$142,976
$117,743
--%
$260,719
2019
$3,420
$140,173
$115,435
--%
$255,608
2018
$3,330
$137,425
$113,172
--%
$250,597
2017
$3,265
$134,731
$110,953
--%
$245,684
2016
$3,171
$132,090
$108,778
--%
$240,868
2014
$3,160
$127,558
$105,047
--%
$232,605
2013
$3,155
$126,982
$104,573
--%
$231,555
2012
$3,108
$124,493
$102,523
--%
$227,016
Average Home Price in 90016
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In August 2024, LA’s pre-foreclosures plummeted 50% from July and 60% from last year, suggesting better economic conditions or successful homeowner interventions. Similar trends in San Jose, while SF and SD remain stable. Sacramento shows significant improvement. LA’s efforts stand out. #HousingMarket #LosAngeles





