$950,000

3955 2nd Avenue, Los Angeles, CA 90008

3,174 sqft

other
Built in 1933
6,534sqft lot
—— car garage
$299/sqft
Listed 17 days ago

Property Description

The subject property is a six-unit apartment building located in the Leimert Park neighborhood of Los Angeles. The complex was built in 1933 and contains of 3,174 square feet. There is a large 6,500 square feet lot which is zoned LAR1. The unit mix consists of all one-bedrooms averaging almost 600 square feet each. The monthly income is $6,321 per month and $75,860 annually. With a GRM of 12.5 and extremely low rents there is plenty of upside for a new owner

Listing Status:: Active
Date Added:: January 21, 2026
Data Last Updated:: February 8, 2026 at 2:07AM
Listing Office:: McAlpin & Company : 310-437-4172
Listing Agent:: Jerome McAlpin : 310-437-4172
MLS ID:: CL26641131

A/C: None
Heating: Wall Furnace

Parking: Converted Garage

Originating MLS: CRMLS
County: Los Angeles

Zoning: LAR15034018012

Source: CRMLS

Presented by Veterans United Realty

This listing courtesy of Jerome McAlpin , McAlpin & Company

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Tom Bradley Global Awareness Magnet

3875 Dublin Ave, Los Angeles, CA, 90008

Grades KG-5

0.25 miles away

Audubon Middle School

4120 11th Ave, Los Angeles, CA, 90008

Grades 6-8

0.60 miles away

Foshay Learning Center

3751 S Harvard Blvd, Los Angeles, CA, 90018

Grades 6-12

0.86 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.