Two-Story Four-Unit Apartment
For Sale
$1,100,000
2946 South Western Avenue, Los Angeles, CA 90018
LAC2 zoning, gated access, and a dedicated tenant parking area support the property's operating profile.
Property Size3,280 SF
Lot Size0.13 Acres
Price / SF$335.37
Days on Market119
Property Features for 2946 South Western Avenue
General Information
Standard status
Active
Size
3,280 SF
Total Parking Spaces
6
Lot size
0.13 Acres
Property subtype
Residential Income
Zoning
LAC2
Net Operating Income
$22,680
Site & Location
Highway Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
3 x 3BR/1BA, 1 x 2BR/1BA
Multifamily Units
4
Amenities
on-site laundry room
gated perimeter
off-street parking
No
Living Room
Two
Wall
Room, Community
Carpet, Tile
Garbage Disposal
Attached
220V Throughout
No, None
Ground Level w/steps
Stucco, Wood Siding
Wood Siding, Stucco
Building Details
Year Built
1961
Buildings
1
Stories
2
Units
4
Tenancy
Multi
Listing Agency:
Kallen Capital Lending Inc
Listed By:
Annette Story · License #02110311
(323) 240-1777
Source:
Compass
Added: May 8
Changed: Sep 2
Last Checked: Sep 1 at 11:13PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kallen Capital Lending Inc
Investment Insights
Based on property information with market context.
This two-story quadplex contains approximately 3,280 square feet with three 3-bedroom, 1-bathroom units and one 2-bedroom, 1-bathroom unit. One 3-bedroom residence will be vacant at closing, while the other three units are occupied. Interiors are maintained in original, operable condition. The property includes four separate water meters, an on-site laundry room, and a gated perimeter with off-street tenant parking.
Recent work includes a painted exterior, resurfaced parking lot, and upgraded stairwell lighting. The 5,761-square-foot lot is zoned LAC2, and the building was constructed in 1961. Owner-paid services are limited to common-area electricity, water, and landscaping, while tenants pay for their own gas, electricity, water, sewer, trash, and laundry usage.
The property is near USC, Downtown LA, and Koreatown, with access to the Expo Metro line and the 10 and 110 freeways.
Recent work includes a painted exterior, resurfaced parking lot, and upgraded stairwell lighting. The 5,761-square-foot lot is zoned LAC2, and the building was constructed in 1961. Owner-paid services are limited to common-area electricity, water, and landscaping, while tenants pay for their own gas, electricity, water, sewer, trash, and laundry usage.
The property is near USC, Downtown LA, and Koreatown, with access to the Expo Metro line and the 10 and 110 freeways.
Key Highlights
- Approximately 3,280 square feet on a 5,761‑square‑foot lot
- Unit mix includes three 3‑bedroom, 1‑bathroom units and one 2‑bedroom, 1‑bathroom unit
- One 3‑bedroom unit will be delivered vacant; three units remain tenant‑occupied
Property Analytics
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,145
Businesses Nearby
Explore this area
Business Placement
Demographics for 90018, CA
50,179
Population
17,917
Households
2.8
Avg Household Size
37
Median Age
24%
College-Educated
74%
High-School Grad
3.0 sq mi
ZIP Area
16,726
Density / Sq Mi
$63,671
Median Household Income
$36,845
Median Earnings
$1,512
Median Rent
$886,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - LAC2 zoning, gated access, and a dedicated tenant parking area support the property's operating profile.
Where is this quadplex located?
The property is located at 2946 South Western Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Approximately 3,280 square feet on a 5,761‑square‑foot lot; Unit mix includes three 3‑bedroom, 1‑bathroom units and one 2‑bedroom, 1‑bathroom unit; One 3‑bedroom unit will be delivered vacant; three units remain tenant‑occupied
