2424 West Boulevard, Los Angeles, CA 90016 - MLS#PW25053038

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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 1,050,000

Est. payment | -/mo

5 Beds

4,284 Sqft Lot

Save

$ 1,050,000

Est. payment | -/mo

Save

5 Beds

4,284 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25053038

Bedrooms 5

Lot Size 4,284 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Discover an exceptional investment opportunity in the heart of West Adams, Los Angeles. This charming multi-unit property at 2424 West Blvd offers tremendous potential for value creation through strategic management. The property features: - Front unit: A delightful one-bedroom apartment with a manicured yard and succulent garden - Center 1-bedroom, 1-bathroom unit -Rear unit: A spacious two-story, 3-bedroom, 1.5-bathroom home - Driveway parking for three vehicles - One Car Garage Current unit mix and rents: 1. 3 Bedroom, 1.5 Bathroom: $1,580/month 2. 1 Bedroom, 1 Bathroom: $965/month 3. 1 Bedroom, 1 Bathroom: $1,528/month Market rent potential: - 3 Bedroom units: $3,750/month - 1 Bedroom units: $1,900/month Located in the rapidly evolving West Adams neighborhood, this property is perfectly positioned to benefit from the area's ongoing revitalization. With its proximity to major employment hubs, including Downtown LA, Culver City, and USC, the location is ideal for attracting young professionals and students. West Adams has been experiencing significant appreciation, with property values increasing by an average of 8.23% per year over the past five years. This trend, combined with the neighborhood's growing popularity, makes this property an excellent investment opportunity. Don't miss this chance to acquire a value-add property in one of Los Angeles' most promising neighborhoods. With strategic management and targeted improvements, this multi-unit gem has the potential to generate substantial returns in the thriving West Adams real estate market.

Location

State CA

County Los Angeles

Zoning Assessor

Direction 10 FWY to Crenshaw Blvd

Interior

Heating Wall/Gravity

Cooling Wall/Window

Fireplace No

Exterior

View Y/N No

Roof Type Composition

Building

Story 1

Level or Stories 1

Others

Tax ID 5050006036

Listed by Steven Richardson Y Realty

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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2424 West Boulevard Los Angeles, CA 90016