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$1,895,000
Est. payment /mo
4 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25047266
Bedrooms 4
Property Sub-Type Res Income 2-4 Units
Property Description
Build 3 ADUs! 3443 West Blvd is a beautifully renovated 10-unit apartment building in the heart of West Adams, one of LAs fastest growing neighborhoods. Currently operating at a 6.17% cap rate and 10.67 GRM, this turnkey asset offers strong cash flow with minimal maintenance. The property features nine 1-bed/1-bath units and one studio, with most units upgraded to include new kitchens, Ring Doorbells, new flooring, cabinetry, appliances, fixtures, and modernized bathrooms. A key value-add opportunity lies in the potential to build three ADUs in the rear, allowing investors to significantly increase rental income and force appreciation well beyond construction costs. Once completed, the additional units will enhance the propertys cash flow and overall valuation, creating substantial equity gains. Strategically located between Downtown Culver City, Downtown LA, and the Metro line, tenants benefit from easy access to the 10, 405, and 110 freeways, making commuting a breeze. This is a rare opportunity to acquire a high performing asset in a rapidly appreciating marketperfect for investors seeking strong returns, long-term growth, and immediate upside potential.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Off of Jefferson
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 5046007018
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Listed by Cameron Samimi Lyon Stahl Investment Real Estate, Inc.