2939 Brighton Avenue Los Angeles, CA $ 1,650,000
2939 Brighton Avenue
$ 1,650,000
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2939 Brighton Avenue

Los Angeles, CA, 90018
$ 1,650,000
Bedrooms6 Baths8.0 Sq 5,316

Monthly Estimate*

$ 11,526

Listed by Lyon Stahl Investment Real Estate, Inc.
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
2939 Brighton Avenue, Los Angeles, CA 90018 - Image 4
2939 Brighton Avenue, Los Angeles, CA 90018 - Image 5
2939 Brighton Avenue, Los Angeles, CA 90018 - Image 6
2939 Brighton Avenue, Los Angeles, CA 90018 - Image 7
2939 Brighton Avenue, Los Angeles, CA 90018 - Image 8

Multi-Family Home for sale in Los Angeles, CA

for $1,650,000 with 6 bedrooms and 8 full baths. This 5,316 square foot home was built in 1905 on a lot size of 0.163.

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.

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Multi-Family Active

Price

$ 1,650,000

Bedrooms

6

Full Bath

8

Property Type

Multi-Family

Taxes

$ 0

Style

Craftsman

Lot Size

0.163

Year Built

1905

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24372723

Days on Market

34

Features
General
Sewer Other
Heating WallFurnace
Cooling WallWindowUnits
Roof Composition Shingle
Appliances GasOven GasRange Refrigerator
Zoning LAR1
Garage Spaces 0.0
Patio/Porch Features Porch
Architectural Style Craftsman
Pool Features None
Security Features CarbonMonoxideDetectors GatedCommunity SmokeDetectors
Construction Materials Stucco
Year Built 1905
Tenant Pays Electricity Gas TrashCollection
View CityLights
Stories 2
Levels Two
Gross Income 137035.0
Community Features Gated
County Los Angeles
Net Operating Income 96134.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Facing Direction East
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions On Brighton Ave between 29th and 30th Ave.
City Los Angeles
View Y/N Y
Senior Community Y/N N
Open Parking Spaces 2.0
Total Units 7
MLS Area C16 - Mid Los Angeles
Lot Size Square Feet 7102.0
Private Pool N
Waterfront Y/N N
Carport Spaces 0.0
Carport Y/N N
Street Name Brighton
Spa Features None
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 8
Standard Status Active
Occupancy Description Tenant
Year Built Source Other
Cap Rate 5.83
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Exterior
Parking Features Driveway
Total Parking 2.0
Lot Size Area 7102.0
Number of Buildings 3
Spa N
Building Area Total 5316.0
Lot Size Acres 0.163
Lot Size Units SquareFeet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Street Suffix Avenue
Laundry Features None
Total Bedrooms 6
Electric On Property Y/N N
Total Baths 8
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Internal Only
Street Number 1 2939
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* Excluded Features
List By
Lyon Stahl Investment Real Estate, Inc.

Broker

(310) 467-7581

Phone

Affordability Calculator

$11,526
Per Month
100%
0%
0%
Monthly Principal & Interest
$11,526
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/26/2024$1,650,000 Listed Price

Map


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2939 Brighton Avenue, Los Angeles, CA, 90018 is a Multi-Family Home for sale at $1,650,000 with 5,316 sqft and a lot size of 0.163. 2939 Brighton Avenue has 6 bedrooms, 8.0 baths, and was built in 1905. The property's zip code is 90018 which is in Los Angeles, CA