Just Reduced! Charming and well-maintained Spanish-style 6-unit building located in the desirable Mid-City/West Adams neighborhood between Adams and Jefferson Blvd. The majority of units have been updated within the past 7 years and feature modern kitchens, renovated baths, in-unit washer/dryers, and central air & heat. The property sits on a prominent corner lot with two separate buildings (Somerset and 29th St. addresses) and offers three garage spaces, three additional parking spots, and extra storage.With market-rate rents and room for additional income growth, this asset also presents ADU potential by converting the garage and storage area. Recent improvements include updated plumbing and electrical systems, low-maintenance landscaping with sprinklers, and a strong rental history with consistently low vacancy. Drive by anytime, and contact the listing agent for the Offering Memorandum or to schedule a tour. One 2bed/2bath currently vacant. Additional Storage on property.
Listed by Wesley Earley
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License #01412888
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Equity Union
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310-922-6691
Last updated December 08, 2025
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Source: CRMLS #25586817
Listing Facts
TypeMulti-family
NeighborhoodWest Adams
Bedrooms10
Days on Prevu99
Size5,034 sqft
Price per sqft$328
Amenities
Dishwasher
Washer/Dryer
Air Conditioning
Parking
Location
Mortgage Calculator
Listing History
12/08/2025
Price Decreased
$1,649,000
10/24/2025
Price Increased
$1,699,000
10/24/2025
Status changed to Active
$1,699
10/24/2025
Price Decreased
$1,699
10/22/2025
Status changed to Removed from Feed
$1,799,000
10/13/2025
Price Decreased
$1,799,000
09/26/2025
Price Decreased
$1,849,000
09/21/2025
Status changed to Active
$1,899,000
09/20/2025
Status changed to Removed from Feed
$1,899,000
09/12/2025
Status changed to Active
$1,899,000
09/10/2025
Status changed to Removed from Feed
$1,899,000
09/10/2025
Status changed to Active
$1,899,000
09/09/2025
Status changed to Removed from Feed
$1,899,000
09/08/2025
Status changed to Active
$1,899,000
09/06/2025
Status changed to Removed from Feed
$1,899,000
09/03/2025
Listed by Equity Union
$1,899,000
Property Details for 2901 Somerset Drive
Exterior
Construction
Number Of Units Total: 6
Property Attached: Yes
Stories: 2
Stories Total: 2
Window Features: Double Pane Windows, Screens
Year Built: 1929
Architectural Style: Spanish
Common Walls: 1 Common Wall
Measurements
Building Area Total: 5,034
Lot Size Acres: 0.13
Lot Size Area: 5,669
Lot Size Square Feet: 5,669
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 7.03
Gross Income: $156,348.00
Taxes
Parcel Number: 5050020001
Interior
Features
Appliances: Dishwasher, Gas Cooktop, Microwave, Oven, Refrigerator, Dryer, Washer
Fireplace Features: Decorative
Fireplace: Yes
Flooring: Wood
Measurements
Living Area: 5,034
Living Area Source: Assessor
Rooms
Bathrooms Total Integer: 9
Bedrooms Total: 10
Parking
Parking
Open Parking Spaces: 3
Parking Features: Assigned, Door-Multi, Garage
Parking Total: 3
Utilities
Equipment
Cooling: Central Air
Has Cooling: Yes
Heating: Central
Has Heating: Yes
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There are 10 bedrooms in this multi-family home at 2901 Somerset Drive.
Does this multi-family home have parking?
Yes, there are 3 parking spaces available for 2901 Somerset Drive.
How does 2901 Somerset Drive compare to other multi-family homes in West Adams?
This multi-family home is listed 9% below the average price for multi-family homes in West Adams and has been on the market for 28 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 5,034 sqft.
2901 Somerset Drive is a 10-bedroom multi-family home for sale in Los Angeles CA 90016. Listed on Prevu for 99 days at $1,649,000. This includes a recent price decrease of $50,000. This property features 5,034 square feet of living space, located in West Adams. The median listing price for multi-family homes in this area is $1,299,000. Property amenities include dishwasher, air conditioning, parking, and washer/dryer. Browse more multi-family home listings in Los Angeles.
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.
