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Listed by Steven Richardson • Y Realty
$ 1,050,000
Est. payment | /mo
4,284 Sqft Lot
$ 1,050,000
Est. payment | /mo
4,284 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW25053038
Year Built 1923
Lot Size 4,284 Sqft
Property Sub-Type Triplex
Source California Regional MLS
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 excellen
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Rooms
Kitchen Other, Oven Range - Gas
Interior
Heating Gravity
Cooling Window / Wall Unit
Laundry 38
Exterior
Parking Features Garage, Common Parking Area, Gate / Door Opener, Off-Street Parking, Other
Garage Spaces 1.0
Pool None
Roof Type Composition
Building
Water District - Public
Others
Tax ID 5050006036
Special Listing Condition Not Applicable
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