We are pleased to present a sixteen (16) unit apartment building located at 3406 Virginia Road in Los Angeles, California. The subject property is situated in a prime West Adams location, west of Crenshaw Boulevard and north of W Exposition Boulevard. Built in 1947, this property contains a good unit mix of fifteen (15) one-bedroom / one-bathroom units, and one (1) two-bedroom / one-bathroom unit. All units are currently occupied. This character, courtyard row style asset is gated and secure and features easily maintained landscaping while still having lovely curb appeal. The property is also right next to a nearly completed mixed-use office/retail building by Charles Company which will include a ground floor restaurant. Tenants will love being within a few miles of many trendy restaurants, nightlife, and entertainment options such as Highly Likely, Thinkspace Gallery, Harold & Belle's, Cinemark, Baldwin Hills Crenshaw Shopping Mall, and Rancho Cienega Recreation Center. The Expo/Crenshaw K-Line Metro Station is also conveniently located nearby offering residents quick and easy access to major employment hubs throughout Los Angeles. Positioned in an prime West Adams location, this offering presents an exceptional opportunity for an investor to capitalize on a character, asset with solid remaining rental upside potential in a submarket full of high profile new construction projects.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Permits
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
7,363 Sq. Ft.
Year renovated
1947
Sq. Ft.
8,342
Year built
1947
Style
Multi-Family (5+ Unit)
County
Los Angeles County
APN
5046004036
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 29, 2026.
Oct 9, 2019 • Final
Bldg-alter/repair
Repair water, dry-rot, or termite damage on stairs in a residential building. Install handrails for apartments and single-family or two-family dwellings.
Remodel
Jan 10, 2005 • Final
Bldg-alter/repair
Re-roof an apartment building by installing composition shingles over existing solid sheathing.
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Garage
None
Interior
Flooring Information
Wood Floors
Equipment
Built-Ins
Heating & Cooling
A/C
Wall Heat
Water Heater Features: Water Heater Unit
Multi-Unit Income
Gross Income: 300577
Gross Operating Income: $292,335
Net Operating Income: $193,950
Multi-Unit Expenses
Total Annual Expense: $98,385
Multi-Unit Other Financial Information
Gross Rent Multiplier: 9.48
Vacancy Allow Dollar: $9,017
Vacancy Allow %: 3
Scheduled Actual: Actual
Multi-Unit Information
Unit Type Type: 1, 2
Type Of Units: Market
# of Buildings: 1
Has Water Heaters: True
Laundry Equipment: Own
Unit 1 Information
# of Beds: 1
# of Baths: 1.00
Rent: $1,531
Projected Rent: $32,250
Actual Rent: $22,961
# of Units: 15
Unit 2 Information
# of Beds: 2
# of Baths: 1.00
Rent: $1,838
Projected Rent: $2,650
Actual Rent: $1,838
# of Units: 1
Exterior
Building Information
Total Floors: 2
Two Level
Attached
Security Features: Gated
Property Information
Land Lease Type: Fee
Property Type: Residential Income
Property Condition: Fixer, Repair Cosmetic
Land Information
Other Structures: None
Lot Information
Lot Size (Sq. Ft.): 7,363
Lot Size (Acres): 0.169
Zoning: LACM
Lot Location: City
Lot Description: Lot Shape-Rectangular, Single Lot
Property Features
Has View
View: City
Alley: True
Financial
Assessment Information
Assessed Total Value: $940,309
Assessed Land Value: $577,587
Assessed Land %: 61.43
Assessed Improvement Value: $362,722
Assessed Improvement %: 38.57
Assessor Parcel Number: 5046-004-036
Tax Information
No Mello-Roos Tax
Location
Community Information
# of Units in Complex (Total): 16
Athletic Court: None
Location Information
Directions: The subject property is situated in a prime West Adams location, west of Crenshaw Boulevard and north of W Exposition Boulevard.
Public facts
Beds: —
Baths: —
Sq. Ft.: 8,342
Stories: —
Lot Size: 7,363 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1947
Year Renovated: 1947
County: Los Angeles County
APN: 5046004036
Home facts updated by county records on Aug 29, 2026
Other
Documents & Disclosures
Disclosures: As Is
Listing Information
Possession: Close Of Escrow
Around this home
Schools
Virginia Road Elementary School
Public K-5 • Assigned • 0.2mi
8/10
Johnnie Cochran, Jr., Middle School
Public 6-8 • Assigned • 1.3mi
3/10
Susan Miller Dorsey Senior High School
Public 9-12 • Assigned • 0.4mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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