3220 W 2nd St Los Angeles, CA 90004

Listing agency Encino Office s***@marcusmillichap.com Show Phone

Listed by Sam Liberow · License #CA: 01933858, CA: 02031850 Show Phone

Source Marcusmillichap

Added: Apr 3 Updated: Jul 21 at 5:54AM Checked: Jul 22 at 2:08AM

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Investment Insights

Based on property information with market context.

This multifamily property consists of two separate structures on a large corner lot, creating a low-density feel with an open layout and abundant natural light. The unit mix includes two 2-bedroom, 2-bath units and four 1-bedroom, 1-bath units, with townhouse-style units in one of the buildings. Each unit has a private exterior entrance. Parking is supported by six individual garages located at the rear of the property.

Utilities are separately metered, allowing tenants to cover their own usage.

The buildings feature classic vintage architecture, including a pitched roof and a raised foundation. The current configuration provides a straightforward setup for renovation and interior modernization while preserving the property’s established character.

Key Highlights

• Offered at approximately $185 per square foot, far below replacement cost, with a 6.02% figure noted in the listing
• Multifamily layout with two 2BD/2BA units and four 1BD/1BA units (6 total units) for a mixed tenant base
• Large corner lot with two separate structures, including townhouse‑style units and classic vintage architecture with pitched roof and raised foundation

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FAQs

What type of property is this?

Apartment building - Two separate structures offer private exterior unit entrances and six rear garages.

Where is this apartment building located?

The property is located at 3220 W 2nd St Los Angeles, CA.

What is the asking price?

The asking price for this property is $1,480,000.

What are key features of this property?

This property features: Offered at approximately $185 per square foot, far below replacement cost, with a 6.02% figure noted in the listing; Multifamily layout with two 2BD/2BA units and four 1BD/1BA units (6 total units) for a mixed tenant base; Large corner lot with two separate structures, including townhouse‑style units and classic vintage architecture with pitched roof and raised foundation