Corner Lot Multifamily with
3204 Palmer Drive Los Angeles, CA 90065
3204 Palmer Drive, Los Angeles, CA, 90065
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For Sale
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Two separate 1+1 and 2+1 units on a corner lot, with three closed garages and separately metered utilities.
Property Size2,073 SF
Price / SF$624.70
Days on Market36
Property Features for 3204 Palmer Drive
General Information
- Standard status
- Active
- Size
- 2,073 SF
- Property subtype
- Multifamily
Listing agency
Stevenson Real Estate Services
(626) 826-2431
Listed by
Randy Stevenson · License #CA 91202
Source
Crexi
Added: Jun 17 Updated: Jul 21 at 7:39PM Checked: Jul 21 at 7:39PM
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 Stevenson Real Estate Services
Investment Insights
Based on property information with market context.
This corner lot multifamily property offers 1+1 and 2+1 configurations, with both units having been separately metered for electricity and gas. Each unit includes its own hot water heater, window or through-the-wall air conditioning, and a wall furnace. The property includes a permitted laundry room/sun room, a private yard, and direct access from a garage. There are three closed garages on site.
The building has had major updates, including copper re-piping, a sewer line lined from the structure to the public right-of-way, and a roof replacement within the past two years. Andersen Tilt Wash windows are installed, and the building was tented for termites within the last three years.
The current layout includes one 2+1 unit that is vacant and a 1+1 unit that is currently vacant, creating an owner-user option depending on tenant arrangements. The possibility of combining the vacant 2+1 with the adjacent 1+1 to form a larger unit is subject to relocation of the existing 1+1 tenant and buyer verification with the City of Los Angeles. The buyer should also verify any ADU addition potential with the city.
The building has had major updates, including copper re-piping, a sewer line lined from the structure to the public right-of-way, and a roof replacement within the past two years. Andersen Tilt Wash windows are installed, and the building was tented for termites within the last three years.
The current layout includes one 2+1 unit that is vacant and a 1+1 unit that is currently vacant, creating an owner-user option depending on tenant arrangements. The possibility of combining the vacant 2+1 with the adjacent 1+1 to form a larger unit is subject to relocation of the existing 1+1 tenant and buyer verification with the City of Los Angeles. The buyer should also verify any ADU addition potential with the city.
Key Highlights
- Corner lot multifamily with two unit types: 1+1 and 2+1, plus 1 unit currently vacant
- Two separate units with direct access from a garage and three closed garages
- Separately metered electricity and gas; each unit has its own hot water heater
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two separate 1+1 and 2+1 units on a corner lot, with three closed garages and separately metered utilities.
Where is this duplex located?
The property is located at 3204 Palmer Drive Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Corner lot multifamily with two unit types: 1+1 and 2+1, plus 1 unit currently vacant; Two separate units with direct access from a garage and three closed garages; Separately metered electricity and gas; each unit has its own hot water heater