3526 Farmdale, Los Angeles, California 90016, Los Angeles, 90016 - 0 bed, 0 bath
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Los Angeles, California 90016
This Residential Income Triplex in the burgeoning Baldwin Hills area offers a strategic entry into a high-growth market. Listed at $1,200,000, the property is positioned near its $1,130,977 Fair Market Value, reflecting the premium of its Prime Transit Accessibility just steps from the Farmdale Metro Station. Maintaining a Condition Rating of 4, the units feature original hardwood floors and a backyard with mature lemon and avocado trees. With one unit delivered vacant, it presents a versatile opportunity for Owner-Occupants looking to house-hack or Buy-and-Hold Investors seeking long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3526 Farmdale Subject | $1,200,000* List Price | 0 | 0 | 2,212 | $511 | - |
A 3527 Chesapeake Sold | $1,100,000 | 0 | 0 | 2,212 | $497 | 0.0 mi |
B 3020 S Palm Grove Active Under Contract | $1,279,000 List Price | 5 | 4 | 2,714 | $471 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1944, this triplex is described as well-maintained with selective upgrades and original hardwood floors, but it lacks a comprehensive modern renovation. While move-in ready, the exterior images show older windows and vintage architectural details. The property analysis highlights 'vintage infrastructure' and the likely need for plumbing or electrical updates, consistent with a property that has been maintained but remains largely outdated in its major systems.
The property is located just a one-minute walk from the Farmdale Metro Station, offering residents a quick and convenient commute to both Downtown Los Angeles and Santa Monica.
With one 2-bedroom unit delivered vacant, the property is ideal for an owner-occupant looking to utilize residential financing or an investor seeking to immediately capture market-rate rent.
Situated in a burgeoning pocket of Baldwin Hills near major redevelopments like the Stocker Street Creative campus, the property is well-positioned for long-term capital appreciation.
Built in 1944, the property may require significant capital expenditures for system upgrades or modernizing older plumbing and electrical components common in mid-century builds.
As a multi-unit residential income property in Los Angeles, it is likely subject to local rent stabilization ordinances, which can restrict an owner's ability to adjust rents to market levels quickly.
Located in the burgeoning Baldwin Hills area, 3526 Farmdale Avenue is a well-maintained triplex that presents a practical opportunity for either an owner-occupant or a long-term investor. This property sits in a steady and evolving pocket of the 90016 zip code, featuring two 2-bedroom units and one 1-bedroom unit. Each residence has been thoughtfully cared for with selective upgrades and classic details such as original hardwood floors. Outside, residents can enjoy a large, enclosed backyard shaded by mature lemon and avocado trees. The property is especially attractive for those looking to move in immediately or achieve market-rate rents, as the owner will deliver one 2-bedroom unit vacant. Beyond the home itself, the location is defined by significant local investment and infrastructure. Commuters are just a one-minute walk from the Farmdale Metro Station, offering a quick ten-minute ride to Downtown LA or a straight shot to Santa Monica. The surrounding neighborhood is rich in culture and growth, situated near the Black Cultural District and within walking distance of the renowned Lula Washington and Debbie Allen schools of dance. This area is also seeing transformative projects like the redevelopment of the Baldwin Hills Crenshaw Plaza into a multi-phase retail and residential hub, as well as the upcoming Stocker Street Creative film campus. For weekend recreation, the nearby Leimert Park Plaza remains a local staple for vibrant markets and community events.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,212 | 2,335.5 | 50% |
| Lot Size | 6,261 | 6,170 | 50% |
| Price | $1.20M | $1.09M | 60% |
| Price per sq ft | $542 | $476 | 60% |
| Built year | 1944 | 1936 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 202 | 10% |
Apr 9, 2026
$1,200,000
Initial Listing
Aug 29, 1997
$175,000
Public Record