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2940 Somerset Dr, Los Angeles, CA 90016
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2940 Somerset Dr Los Angeles, CA 90016

$875,000 Sold Price as of 04/05/2023
  • 2 Beds
  • 1 Baths
  • 1,152 Sq.Ft.
Sold
$875,000 Sold Price as of 04/05/2023 Refinance Your Mortgage
Map preview of 2940 Somerset Dr, Los Angeles, CA 90016

Property Overview: 2940 Somerset Dr Los Angeles, CA has 2 bedrooms, 1 bathrooms, 1,152 living square feet and 5,032 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to this tastefully updated 2 bedroom 1 bath Spanish home situated in the heart of West Adams. Nicely set back from the street, you are greeted by drought tolerant landscaping. As you enter there is an enclosed foyer that leads into a spacious living room with a barrel vaulted ceiling and the perfect amount of recent updates, including newer flooring, Windows, freshly painted walls, modern fixtures and more. The bedrooms are well-sized and offer plenty of natural light, making them the perfect retreat for relaxing after a long day. The updated bathroom in the main home features a modern vanity and a beautifully tiled shower. Home has a detached 2 car garage as well as an unpermitted guest house/ADU in the back that features a bathroom and a kitchenette. This offers a unique opportunity for multi-generational living, rental income, or a private home office. The outdoor area is perfect for entertaining guests or simply relaxing in the sun. This home is conveniently located near shopping, dining, and entertainment options, making it the perfect place to call home. Zoned LARD2.

Listed by Samuel Woldeyesus | BRE #01915193 | Compass
Last checked: 5 seconds ago | Last updated: April 5th, 2023 | Source CRMLS | DOM: 21

Home details

Lot Sq. Ft
5,032
HOA Dues
$0/mo
Year built
1925
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
OC23026928
City
Los Angeles
County
Los Angeles
Time on Site
458 days

Property Details for 2940 Somerset Dr

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Has Laundry
  • Dryer Included, Individual Room, Washer Included
Fireplace Information
  • None, Decorative
Room Information
  • Downstairs Bedrooms: 2
  • Downstairs Bathrooms: 1
  • All Bedrooms Down, Bonus Room, Living Room, Office
Bathroom Information
  • # of Baths (Full): 1
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • No Attached Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 5050019027
  • Year Built Source: Public Records
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School District: Los Angeles Unified
Location / Neighborhood
Location Information
  • Directions: W Adams Blvd. or W Jefferson Blvd. to Somerset Dr between 29th St. & 30th St.
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Urban
View more facts & features

Local Los Angeles Agent

Sale History for 2940 Somerset Dr

Last sold for $875,000 on April 5th, 2023

  • April, 2023

  • Apr 5, 2023

    Date

    Sold

    CRMLS: OC23026928

    $875,000

    Price

  • Feb 16, 2023

    Date

    Active

    CRMLS: OC23026928

    $899,000

    Price

Tax History for 2940 Somerset Dr

Assessed Value (2020): $208,805
Year Land Value Improved Value Assessed Value
2020 $120,787 $88,018 $208,805

Home Value Compared to the Market

This property vs the competition

2940 Somerset Dr sold on April 5, 2023 for 24.45% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $780.38 per/sqft which puts the price per square foot 3.36% higher than the current median sale per square foot for the city of Los Angeles.

About 2940 Somerset Dr

Detailed summary of property

2940 Somerset Dr is a single family home that recently sold in Los Angeles, CA 90016. This house offered 2 bedrooms, 1 bathrooms, roughly 1,152 living square feet, and sits on an approximately 5,032 square foot lot. 2940 Somerset Dr was first listed on ArdentRealEstateGroup.com on February 16, 2023. The homeowner sold the property for $875,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 24.45% lower than the current median priced home. Local homes that are currently for sale include 2277 W 31st St, 2249 W 30th and 2526 W 21st St. While the average home in Los Angeles, CA is selling in 92 days, 2940 Somerset Dr has a days on market of 21 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 2940 Somerset Dr Los Angeles, CA 90016 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2940 Somerset Dr

Public county record property details
Beds
2
Baths
1
Year built
1925
Sq. Ft.
1,152
Lot Size
5,031
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
141
APN
5050-019-027

The source for these homes facts are from public records.

90016 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,060,000
Median List Price/Sq.Ft.
$740
Median Sold Price
$885,000
Median Sold Price/Sq.Ft.
$699
Total Inventory
76
Median Sale to List Price %
98.44%
Avg Days on Market
30
Loan Type
Conventional (21.05%), FHA (0%), VA (0%), Cash (10.53%), Other (10.53%)

Thinking of Selling?

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Thinking of Selling?
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(714) 706-1823

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Recently Sold Homes Near 2940 Somerset Dr

2937 Somerset Dr, Los Angeles, CA 90016
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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