4161 Somerset Dr
Well Maintained Property
Qualified Opportunity Zone Benefits
Marcus & Millichap is pleased to announce the successful sale of 4161 Somerset Drive, Los Angeles, CA 90008. This apartment was built in 1950 and features a great mix of (2) two bedrooms / one bathroom & (6) one bedroom / one bathroom. 4161 Somerset Drive is located near major retail developments such as the Baldwin Hills Crenshaw Plaza, Marlton Square, Crenshaw Crossing, and District Square. The property is within walking distance to many amenities, grocery stores, and restaurants. This was a great value add property that offered an investor the opportunity to acquire in a rapidly developing community.
We marketed the property to our substantial internal list of frequent investors to net the Seller the most. Our comprehensive marketing enabled us to generate multiple offers for our client, ending in a smooth and efficient sale with both Buyer and Seller thoroughly satisfied.
We would love to help you with your investment goals. Please contact us today for a complimentary valuation of your property.
Building Size: 6,016 SF
Lot Size: 8,208 SF (0.19 ACRES)
Number of Units: 8
Year Built: 1950
Walking Distance to the New LAX/Crenshaw Metro Line Opening in 2020