2947 West Boulevard Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90016
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25233224
Bedrooms 9
Lot Size 7,786 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
HUGE $100,000 Price Adjustment! IDEAL OWNER/USER INVESTMENT!! 2947 West Blvd presents a prime multifamily investment opportunity located in the rapidly appreciating West Adams neighborhood of Los Angeles. With a 6.41% cap rate, this well-maintained property combines dependable income, modern construction, and strong market fundamentals. The property features income-producing units, three of which are occupied by Section 8 tenants, providing secure and guaranteed government-backed rent payments. Additionally, two of the units are newly constructed ADUs and are leased near market rate, offering reliable, stable cash flow, ideal for both investors and potential owner-users. Situated in one of Los Angeles most dynamic submarkets, 2947 West Blvd benefits from continued neighborhood revitalization, proximity to major employment centers, and convenient access to transit corridors connecting Culver City, Mid-City, and Downtown Los Angeles. This asset delivers a rare combination of turnkey stability and long-term appreciation potential in one of the citys most desirable multifamily corridors.
Location
State CA
County Los Angeles
Zoning Assessor
Direction North of Jefferson Blvd and South of Adams Blvd
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Tax ID 5050024010
Acceptable Financing Cash,Conventional,Land Contract
Listing Terms Cash,Conventional,Land Contract