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2961 Somerset Dr, Los Angeles, CA 90016
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2961 Somerset Dr Los Angeles, CA 90016

$1,222,000 Sold Price as of 08/10/2021
  • 5 Beds
  • 4 Baths
  • 2,504 Sq.Ft.
Sold
$1,222,000 Sold Price as of 08/10/2021 Refinance Your Mortgage
Map preview of 2961 Somerset Dr, Los Angeles, CA 90016

Property Overview: 2961 Somerset Dr Los Angeles, CA has 5 bedrooms, 4 bathrooms, 2,504 living square feet and 5,533 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Incredible location in the rapidly expanding West Adams neighborhood. An extensively renovated spectacular duplex offers huge potential to an Investor or owner-use. The front unit approximately 1500sqft with 3bedrooms 2bathrooms, the back unit approximately 1000sqft with 2bedrooms and 2bathrooms. Both units with open floor plan and ton natural lights thru new windows, highlighting wood floors, designated modern kitchen with granite countertop, and ss appliances. All bathrooms have been redone with new fixtures. Too many things have been updated from bottom to top. Well located in close proximity to the Expo light Rail, the upcoming Crenshaw subway station, culver city, DTLA, USC, shops, and restaurants.

Listed by SIYUAN HUANG | BRE #01915428 | IRN REALTY
Last checked: 15 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 3

Home details

Lot Sq. Ft
5,533
HOA Dues
$0/mo
Year built
1941
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
WS21138267
City
Los Angeles
County
Los Angeles
Time on Site
1056 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 2961 Somerset Dr

Interior Features
Cooling Information
  • Has Cooling
  • Zoned
Heating Information
  • Has Heating
  • Zoned
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Individual Room, Inside, Washer Hookup
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Wood
  • Entry, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Gas Range, Gas Water Heater
Interior Features
  • Granite Counters, Open Floorplan, Recessed Lighting, Storage
  • Levels: One
  • Window Features: Double Pane Windows
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
  • Has Parking
  • Parking Features: Garage, Garage - Two Door
Lot Information
  • Lot Features: 2-5 Units/Acre, Corner Lot, Sprinkler System
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5050020015
  • Year Built Source: Public Records
  • Property is not Attached
  • Accessibility Features: 2+ Access Exits, Parking
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: North of Jefferson Blvd; West of S Crenshaw Blvd
Neighborhood Information
  • Community Features: Suburban
View more facts & features

Local Los Angeles Agent

Sale History for 2961 Somerset Dr

Last sold for $1,222,000 on August 10th, 2021

  • August, 2021

  • Aug 13, 2021

    Date

    Canceled

    CRMLS: WS21138265

    $1,230,000

    Price

  • Aug 10, 2021

    Date

    Sold

    CRMLS: WS21138265

    --

    Price

  • Jul 29, 2021

    Date

    Pending

    CRMLS: WS21138265

    $1,230,000

    Price

  • Jul 6, 2021

    Date

    Active Under Contract

    CRMLS: WS21138265

    $1,230,000

    Price

  • Jun 25, 2021

    Date

    Active

    CRMLS: WS21138265

    $1,230,000

    Price

  • Listing provided courtesy of CRMLS

  • August, 2021

  • Aug 10, 2021

    Date

    Sold

    CRMLS: WS21138267

    $1,222,000

    Price

  • Jul 29, 2021

    Date

    Pending

    CRMLS: WS21138267

    $1,230,000

    Price

  • Jul 6, 2021

    Date

    Active Under Contract

    CRMLS: WS21138267

    $1,230,000

    Price

  • Jun 25, 2021

    Date

    Active

    CRMLS: WS21138267

    $1,230,000

    Price

  • January, 2021

  • Jan 6, 2021

    Date

    Canceled

    CRMLS: WS20181377

    $1,230,000

    Price

  • Jan 5, 2021

    Date

    Withdrawn

    CRMLS: WS20181377

    $1,230,000

    Price

  • Nov 11, 2020

    Date

    Price Change

    CRMLS: WS20181377

    $1,230,000

    Price

  • Sep 2, 2020

    Date

    Active

    CRMLS: WS20181377

    $1,250,000

    Price

  • Listing provided courtesy of CRMLS

    Incredible location in the rapidly expanding West Adams neighborhood. An extensively renovated spectacular duplex offers huge potential to an Investor or owner-use. The front unit approximately 1500sqft with 3bedrooms 2bathrooms, the back unit approximately 1000sqft with 2bedrooms and 2bathrooms. Both units with open floor plan and ton natural lights thru new windows, highlighting wood floors, designated modern kitchen with granite countertop, and ss appliances. All bathrooms have been redone with new fixtures. Too many things have been updated from bottom to top. Well located in close proximity to the Expo light Rail, the upcoming Crenshaw subway station, culver city, DTLA, USC, shops, and restaurants. Virtual Tour for Front unit: https://my.matterport.com/show/?m=yz1Mb3XXTgS&brand=0 Virtual Tour for Back unit: https://my.matterport.com/show/?m=L8QrXgrvT7j&brand=0

  • January, 2021

  • Jan 5, 2021

    Date

    Canceled

    CRMLS: WS20181132

    $1,230,000

    Price

  • Jan 5, 2021

    Date

    Withdrawn

    CRMLS: WS20181132

    $1,230,000

    Price

  • Nov 11, 2020

    Date

    Price Change

    CRMLS: WS20181132

    $1,230,000

    Price

  • Sep 2, 2020

    Date

    Active

    CRMLS: WS20181132

    $1,250,000

    Price

  • Listing provided courtesy of CRMLS

    Incredible location in the rapidly expanding West Adams neighborhood. An extensively renovated spectacular duplex offers huge potential to an Investor or owner-use. The front unit approximately 1500sqft with 3bedrooms 2bathrooms, the back unit approximately 1000sqft with 2bedrooms and 2bathrooms. Both units with open floor plan and ton natural lights thru new windows, highlighting wood floors, designated modern kitchen with granite countertop, and ss appliances. All bathrooms have been redone with new fixtures. Too many things have been updated from bottom to top. Well located in close proximity to the Expo light Rail, the upcoming Crenshaw subway station, culver city, DTLA, USC, shops, and restaurants. Virtual Tour for front unit: https://my.matterport.com/show/?m=yz1Mb3XXTgS&brand=0 Virtual Tour for back unit: https://my.matterport.com/show/?m=L8QrXgrvT7j&brand=0

  • February, 2019

  • Feb 8, 2019

    Date

    Sold

    CRMLS: PW18266342

    $750,000

    Price

  • Jan 30, 2019

    Date

    Pending

    CRMLS: PW18266342

    $800,000

    Price

  • Nov 5, 2018

    Date

    Active

    CRMLS: PW18266342

    $800,000

    Price

  • Listing provided courtesy of CRMLS

    LOCATION! LOCATION! LOCATION! Great opportunity to own a DUPLEX in the highly desirable West Adams area of Los Angeles. This unique spacious DUPLEX is a rare find. Consisting of a 3bd / 1.5ba and a 2bd / 2ba. Conveniently located near several freeways. Sits on a CORNER LOT. Very close to USC University, parks and shopping centers. BOTH UNITS WILL BE DELIVERED OCCUPIED. PLEASE DO NOT DISTURB TENANTS. This is an opportunity that will not last!

  • February, 2019

  • Feb 7, 2019

    Date

    Sold (Public Records)

    Public Records

    $750,000

    Price

  • July, 2003

  • Jul 7, 2003

    Date

    Sold (Public Records)

    Public Records

    $288,000

    Price

Show More

Tax History for 2961 Somerset Dr

Assessed Value (2020): $765,000
Year Land Value Improved Value Assessed Value
2020 $510,000 $255,000 $765,000

Home Value Compared to the Market

This property vs the competition

2961 Somerset Dr sold on August 10, 2021 for 3.36% higher 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 $491.21 per/sqft which puts the price per square foot 34.94% lower than the current median sale per square foot for the city of Los Angeles.

About 2961 Somerset Dr

Detailed summary of property

2961 Somerset Dr is a duplex that recently sold in Los Angeles, CA 90016. This duplex offered 5 bedrooms, 4 bathrooms, roughly 2,504 living square feet, and sits on an approximately 5,533 square foot lot. 2961 Somerset Dr was first listed on ArdentRealEstateGroup.com on June 25, 2021. The homeowner sold the property for $1,222,000. 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 3.36% higher than the current median priced home. Local homes that are currently for sale include 2015 6th Ave, 2530 S Sycamore Ave and 2720 S Sycamore Ave. While the average home in Los Angeles, CA is selling in 94 days, 2961 Somerset Dr has a days on market of 3 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 2961 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 2961 Somerset Dr

Public county record property details
Beds
5
Baths
3
Year built
1941
Sq. Ft.
2,504
Lot Size
5,532
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
196
APN
5050-020-015

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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Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

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Recently Sold Homes Near 2961 Somerset Dr

2934 Somerset Dr, Los Angeles, CA 90016
$1,650,000 Last Sold Price
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2934 Somerset Dr
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2847 Somerset Dr, Los Angeles, CA 90016
$1,002,000 Last Sold Price
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2847 Somerset Dr
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$1,195,000 Last Sold Price
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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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