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For sale 12 days ago

$930,000

2 bd 1 ba 1190 sqft

SOMERSET DR, LOS ANGELES, CA 90008

Residential SFR Needs Repairs

Current Rent **

N/A

Projected Rent **

$3,800

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Value-Add Opportunity in Crenshaw Manor

Located on a quiet, tree-lined street in one of L.A.’s most desirable and appreciating neighborhoods, this property offers strong upside potential. Whether you're looking to add square footage, convert to a larger layout, or build an ADU, the lot and location support it.

📊 Recent nearby sales are averaging 100.73% of list price with just 8 days on market, and surrounding homes are trading in the $1.6M–$1.7M+ range.

Don't miss the chance to bring your vision to a neighborhood where quality rehabs are in high demand!

Location:

SOMERSET DR, LOS ANGELES, CA 90008

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.