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Sharlyn Nazarian & Paul Phillips

[email protected] +1(213) 317-5377

$ 1,100,000

Est. payment -/mo

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2946 S Western Ave Los Angeles, CA 90018

11 Beds

4 Baths

3,280 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,280 sqft

Price per Sqft $335

MLS Listing ID 26855359

Bedrooms 11

Year Built 1961

Lot Size 5,761 Sqft

Acres 0.1322

Property Sub-Type Multi-Family

Property Description

2946 Western Ave is a rare opportunity to acquire a sound legacy asset in historic Jefferson Park, one of the most sought-after communities in Southern California to invest in. The four-unit building sits on a 5,761-square-foot lot with 3,280 square feet of total living space. It has a unit mix of three spacious 3-bed/1-bath apartments and one 2-bed/1-bath apartment (at least one 3-bed apartment will be delivered vacant at the close of escrow). Each unit is separately metered for gas, water and electricity keeping the owners operating responsibilities to a minimum (landscaping and common area electricity and water). Tenants are responsible for their own gas, electricity, water, sewer and trash. There is an on-site laundry facility operated by WASH Laundry that provides additional income for the owner. Secured within a gated perimeter, dedicated off-street parking is provided for tenants in a recently resurfaced parking lot to the rear of the property. The well-maintained building has recently been painted, and upgrades have been made to exterior lighting. This property is located in the middle of current and future development and revitalization projects on Western Avenue. Its location in the center of a historic and cultural hub of the city offers current and future tenants a wide array of lifestyle amenities. It's comfortably close to the E-Line offering convenient access to all parts of Los Angeles and is within short walking distance to grocery stores, community markets, vibrant eateries and thriving schools. It is perfectly situated for a future owner to cultivate a strong legacy investment. It is a great opportunity for a 1031 Exchange. Furthermore, the large lot and favorable LAC2 zoning provides an attractive long-term redevelopment opportunity by utilizing local density incentives. Buyer and buyer's agent to conduct their own due diligence, investigations, and inspections regarding all aspects of the property to their full satisfaction.

Location

State CA

County Los Angeles

Area Mid Los Angeles

Zoning LAC2

Rooms

Other Rooms None

Dining Room 0

Interior

Heating Wall

Cooling None

Flooring Carpet, Tile

Fireplaces Type None

Equipment Garbage Disposal

Laundry Room, Community

Exterior

Parking Features Garage - None, Gated

Garage Spaces 6.0

Pool None

Waterfront Description None

View Y/N No

View None

Handicap Access None

Building

Lot Description Fenced, Front Yard, Sidewalks, Street Paved, Exterior Security Lights, Curbs

Story 2

Sewer In Street

Water District

Level or Stories Two

Structure Type Stucco, Wood Siding

Others

Special Listing Condition Standard

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Kallen Capital Lending Inc

Sharlyn Nazarian & Paul Phillips

Realtor License ID: DRE #02251393 DRE#02251387

+1(213) 317-5377

Sharlyn Nazarian & Paul Phillips

2946 S Western Ave Los Angeles, CA 90018

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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2946 S Western Ave