2947 West Boulevard, Los Angeles, CA 90016

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Glen Henderson

[email protected] +1(619) 889-7646

$1,695,000

Est. payment - /mo

9 Beds

7,786 Sqft Lot

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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

Type of Financing Cash,Conventional,Land Contract

Property 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

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Listed by Aaron Jacobson Lyon Stahl Investment Real Estate, Inc.

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

2947 West Boulevard Los Angeles, CA 90016

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

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