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Backup Offers

2615 Somerset Dr, Los Angeles, CA, 90016

$1,299,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
4 Baths
2,083 SqFt
$624/SqFt
House
Schools Nearby

Location

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2615 Somerset Dr, Los Angeles$1,299,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingDoor-Multi, Garage
Garage2 spaces
Year Built1927
HeatingWall Furnace
CoolingNone
MLS #24379993
Lot Size0.14 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 2615 Somerset Dr

Somerset Bungalows is a well maintained 4 plex located in trendy West Adams. There are two 2 unit detached buildings. Each unit is 1 bed 1 bath. Total rents is $7432/mo or $89,184/year. In the front building, unit 1 rent is $1872/mo, unit 2 is $1760/mo. In the back building, unit 3 rent is $1900/mo, unit 4 is $1900/mo. Unit 4 has given notice to vacate and will be vacant by mid May. Proforma rents indicate $2050/mo for each unit or $98,400/year. The garage is prime for an ADU conversion with easy access from the alley. Buyer to confirm. Yard has been zero-scaped for low water usage. Owner only pays for water, gardener, and sewer. Laundry on site. Owner has made many improvements.

Property Details

Property Features

Property Information:

  • Year Built: 1927
  • Stories: 1
  • Living Area: 2,083 SqFt

Listing Office:

  • Office Name: Keller Williams Downtown LA
  • Office Phone: (213) 797-7000
  • Listing Agent: Aram Gaboudian

Interior Features

Interior Information:

  • Appliances: Microwave, Refrigerator

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Door-Multi, Garage

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

School Info

Assigned Schools Information:

  • Susan Miller Dorsey Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Johnnie Cochran, Jr., Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Virginia Road Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: West Adams Blvd

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,299,000
  • Price Per SqFt: $624/SqFt

Tax Information:

  • Annual Amount: $8,237
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

2615 Somerset Dr vs Los Angeles

13 DAYS ON ROCKET

-21 Days

$1,299,000

+$323K More

$624/SqFt

-$4 Less

KEY TAKEAWAY

This property is $323K more than the Median Sold Price and $4/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24379993

Listing Office:

  • Office Name: Keller Williams Downtown LA
  • Office Phone: (213) 797-7000
  • Listing Agent: Aram Gaboudian

IDX 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 broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2024, 8:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 10, 2016Home Sold
$616,545
Aug 15, 2003Home Sold
$259,000

Tax History

YEARPROP. TAXASSESSMENT
2021$8,237$661,331
2020$7,998$654,551
2019$7,864$641,718
2018$7,699$629,136
2017$7,699$616,800

History based on county public records data.

Payment Calculator

$6,551

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,961

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3595102
5
/10

  • Virginia Road Elementary School

  • 2925 Virginia Rd

  • 0.30 miles

  • Public District Grades KG-5

school-card-donut-3595103
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 3.64 miles

  • Public Magnet Grades KG-6

school-card-donut-3595104
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 20.54 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-3595105
2
/10

  • Johnnie Cochran, Jr., Middle School

  • 4066 West Johnnie Cochran Vist

  • 0.95 miles

  • Public District Grades 6-8

school-card-donut-3595106
4
/10

  • Studio

  • 2211 W Avenue 30

  • 7.66 miles

  • Public District Grades 6-8

High School

school-card-donut-3595107
1
/10

  • Susan Miller Dorsey Senior High School

  • 3537 Farmdale Ave

  • 0.80 miles

  • Public Magnet Grades 9-12

school-card-donut-3595108
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 7.21 miles

  • Public Magnet Grades 9-12

school-card-donut-3595109
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 14.47 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,500. Typical income of Los Angeles, CA residents is between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2615 Somerset Dr

What is the listing price of this property?

The listing price of 2615 Somerset Dr property is $1,299,000.

What type of property is this?

The property 2615 Somerset Dr is a house located in Los Angeles, California, 90016.

Is this property for sale now?

Accepting Backup Offers: 2615 Somerset Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 2615 Somerset Dr are:
Virginia Road Elementary School: GreatSchools Rating 5/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Johnnie Cochran, Jr., Middle School: GreatSchools Rating 2/10
Studio: GreatSchools Rating 4/10
Susan Miller Dorsey Senior High School: GreatSchools Rating 1/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $8,237 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 10, 2016 for $616,545. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2615 Somerset Dr has 4 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 2615 Somerset Dr is 2,083 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2615 Somerset Dr is 1927.

Rocket Homes›California›Los Angeles County›Los Angeles›90016›2615 Somerset Dr

This home is located at 2615 Somerset Dr in Los Angeles, CA and zip code 90016 in the South LA neighborhood. This 2,083 square foot home, which was built in 1927, sits on a 0.14 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 16, 2024 and is currently priced at $1,299,000.

Los Angeles, CA housing market in March 2024 saw over 628 listings sold above listed price, more than 196 sold at listed price and over 579 sold below. Between February 2024 and March 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 10.8%. While the average time on the market in March 2024 was 34 days, the median list price was $975,970.

From Rocket Homes Real Estate and based on county public records data.

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