Sold

3359 ROWENA Avenue

Los Angeles CA, 90027

$4,000,000


$423.01 per sqft

Sold

16 Beds

12 Baths

9,456 sqft

Residential

Built in 1953

Listed by Matthew R. Kanner with Keller Williams Realty Los Feliz 323-300-1000

We are proud to present 3359 Rowena Avenue, a 2-story, 12-unit, value-add investment opportunity. Built in 1953 and located on an ultra-prime block in the highly desirable Los Feliz submarket of Los Angeles (south of Los Feliz Boulevard and west of Griffith Park Boulevard), this property has a 67%+ rental upside potential. The unit mix is 8 (1+1), 4 (2+1) units that average approximately 825+ gross square feet. The building's units are bright, spacious, and feature ORIGINAL tile, hardwood floors, solid wood kitchen cabinets (with Art Deco accents), and crown molding in the living rooms. The 2-bedroom units' bathrooms enjoy separate bathtubs and stall showers. The property is separately metered for gas and electric, and each unit contains its own water heater. The property's location offers residents effortless access to countless shopping, dining, entertainment, and recreation options of Los Feliz, Sunset Junction, Silver Lake, Atwater Village, and Downtown Los Angeles. The building is 0.65 miles west of the 5 freeway, 1.5 miles north of the 2, 2.2 miles northeast of the 101 and 3.7 miles northwest of the 110. 3359 Rowena Avenue is well-positioned for an investor to implement a high-end unit/common area renovation program optimizing top-of-the-market rents, appreciation, and future cash flow.

22141049

MLS ID

March 29, 2022

Listed

March 23, 2024

Updated

Map

3359 ROWENA Avenue
Los Angeles CA, 90027

Interior Features

Total Stories

2


Bedrooms

16 Beds


Bathrooms

12 Baths


Interior Features

Crown Molding


Appliances

Refrigerator


Laundry Description

Common Area


Floor Description

Wood


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.27 Acres

Other Property Details

Area Name

637 - Los Feliz


Days on Market

216


Garage

No


Parking

Carport


Parking Total

10


View

Yes


View Description

City Lights, Mountain(s)


County

Los Angeles


Pool

No


Zoning

LARD1.5-1XL


Buyer Agency Compensation

2%

Listing Contact: 323-300-1000 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/23/2024 at 1:42 AM UTC

 

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