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$2,200,000
Est. payment /mo
7 Beds
3 Baths
6,076 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW26014543
Bedrooms 7
Lot Size 6,076 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Located in the heart of Mid-City Los Angeles, this expansive multi-unit property at 2632 W 16th Pl offers exceptional flexibility and long-term upside. The property features 11 bedrooms, 7 bathrooms, and 4 bonus rooms, providing versatile layouts ideal for owner-users, multigenerational living, or investment opportunities. Spacious units offer generous living areas, abundant natural light, and strong potential for value-add improvements and market rent optimization. Centrally located near Downtown LA, Culver City, Koreatown, USC, major transit routes, dining, and shopping, this property benefits from consistent demand in a highly connected neighborhood. Estimated market rents of $13,500$17,500+ per month (buyer to verify). A rare opportunity to acquire a well-located Mid-City asset offering location, flexibility, and future growth potential. All units delivered vacant. Pro forma rents shown; buyer to verify market rent and operating expenses. Excellent opportunity for owner-user or value-add investor.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Venice Blvd/Arlington Ave
Interior
Cooling Attic Fan, Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5072032011
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
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Listed by Dinah Solorzano, DRE#01134873 The American Dream Investments
Nearby School & Business
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Nicole Hazelton-Meacham
Broker Associate License ID: 01819363
Broker Associate License ID: 01819363
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