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,… Read More 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. Read Less
Property listed by Lyon Stahl Investment Real Estate, Inc., Aaron Jacobson 310-259-7556
Listing Snapshot
Days Online
25
Last Updated
Property Type
Quadruplex
Lot Size
0.18 Acres
Year Built
1924
MLS Number
SB26035848
Additional Details
Building
Built in 1924, 2 buildings, 1 storey, Entry level: 1, Entry location: 2
Community
Urban
Expenses
Operating: $33,055
Garage
4 spaces
Income
Gross Income: $139,296, Gross ScheduledIncome: $139,296, Net Operating Income: $102,062
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Confirm your time
Fill in your details and we will contact you to confirm a time.
