2939 Brighton Avenue Los Angeles, CA ^$ 1,580,000

2939 Brighton Avenue

^$ 1,580,000

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2939 Brighton Avenue

Los Angeles, CA, 90018

^$ 1,580,000

Studio Baths0.0 Sq 5,316

Monthly Estimate*

^$ 10,501

2939 Brighton Avenue, Los Angeles, CA 90018 - Image 1

2939 Brighton Avenue, Los Angeles, CA 90018 - Image 2

2939 Brighton Avenue, Los Angeles, CA 90018 - Image 3

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2939 Brighton Avenue, Los Angeles, CA 90018 - Image 7

2939 Brighton Avenue, Los Angeles, CA 90018 - Image 8

Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,580,000. This 5,316 square foot home was built in 1905 on a lot size of 0.16.

Price just Reduced! We are pleased to present 2939 Brighton Ave in the trendy West Adams submarket of Los Angeles just south of Adams and west of Normandie Ave. 2939 Brighton Ave is a charming 7 unit offering, with 2 units in the front building and 5 bungalow units in the rear of the property. 2 units will be delivered vacant at the close of escrow. The subject property is located on one of the more highly desirable streets in the West Adams area on a block consisting of mostly single family homes offering a quiet reprise in the middle of Los Angeles. The property features an excellent unit mix consisting of (4) 1 Bed / 1 Bath, (2) Studio / 1 Bath, and (1) 2 Bed / 2 Bath / Den units on a large 7,100 square foot lot. An investor will benefit from 2 vacancies in the building, which will allow them to capture top of the market rents with tenants being drawn to the recent influx of trendy new restaurants, cafes, and businesses along Adams. Contact listing agents for an offering memorandum.

Multi-Family Active

Price

^$ 1,580,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Craftsman

Lot Size

0.16

Year Built

1905

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0024372723

Features

General

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Roof Shingle Composition

Zoning LAR1

Architectural Style Craftsman

Security Features Smoke Detector(s) Carbon Monoxide Detector(s) Gated Community

Construction Materials Stucco

Year Built 1905

Tenant Pays Electricity Trash Collection Gas

View City Lights

Levels Two

Accessibility Other

County Los Angeles

Net Operating Income 96974.0

New Construction No

Property Type C

HOA / Comm Assn No

Facing Direction East

Status Active

City Los Angeles

Buyer Agent Compensation 2.50

View Y/N Yes

Senior Community Y/N No

MLS Area C16 - Mid Los Angeles

Lot Size Square Feet 7102.0

Street Name Brighton

Spa Features None

Land Lease Y/N No

Additional Parcels Y/N No

Structure Type None

Standard Status Active

Year Built Source Other

Buyer Agent Compensation Type %

Interior

Kitchen Appliances Gas Oven Gas Range Refrigerator

Total Stories 2

Air Conditioning Y/N Yes

Heating Y/N Yes

Street Suffix Avenue

Total Baths 0

Exterior

Parking Features Driveway

Lot Size Area 7102.0

Spa No

Pool Y/N? No

Building Area Total 5316.0

Lot Size Acres 0.16

Lot Size Units Square Feet

Land Lease Type Fee

* Excluded Features

List By

Peter James

Listing Agent

Lyon Stahl Investment Real Estate, Inc.

Broker

Affordability Calculator

$10,501

Per Month

Monthly Principal & Interest: $10,501
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,991,000

Percent of Sale Price 26%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/18/2024	$1,580,000	-4.24%	Price Down
3/26/2024	$1,650,000		Listed Price

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2939 Brighton Avenue, Los Angeles, CA, 90018 is a Multi-Family Home for sale at $1,580,000 with 5,316 sqft and a lot size of 0.16. 2939 Brighton Avenue is a studio with 0.0 baths and was built in 1905. The property's zip code is 90018 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 5/18/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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2939 Brighton Avenue

Multi-Family Home for sale in Los Angeles, CA

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