2947 West BLVD Open House

Los Angeles,CA 90016

$ 1795000

9 Beds

6 Baths

3384 SqFt


OPEN HOUSE

Sun Nov 02, 11:00am - 2:00pm 

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,384 sqft

Price per Sqft $530

MLS Listing ID SB25240612

Bedrooms 9

Full Baths 6

Year Built 1924

Lot Size 7,784 Sqft

Property Sub-Type Quadruplex

Property Description

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 5.98% 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 city's most desirable multifamily corridors.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Interior

Cooling Wall/Window Unit(s)

Fireplaces Type None

Laundry Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup,Inside,Laundry Room

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Biking,Curbs,Park,Suburban,Sidewalks

View Y/N Yes

View City Lights,Courtyard

Building

Lot Description 0-1 Unit/Acre

Dwelling Type Quadruplex

Story 1

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Los Angeles Unified

Others

Acceptable Financing Cash,Cash to New Loan,Conventional,FHA

Listing Terms Cash,Cash to New Loan,Conventional,FHA

Special Listing Condition Standard

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