See all 26 photos
$1,795,000
Est. payment /mo
9 Beds
6 Baths
3,384 SqFt
Open 11/2 11AM-2PM
2947 West Boulevard Los Angeles, CA 90016
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Open House
Sun Nov 02, 11:00am - 2:00pm
UPDATED:
Key Details
Property Type Condo
Sub Type All Other Attached
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 7,786 Sqft
Property Sub-Type All Other Attached
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 citys most desirable multifamily corridors.
Location
State CA
County Los Angeles
Direction Off Buckingham and Jefferson
Interior
Cooling Wall/Window
Fireplace No
Laundry Washer Hookup, Gas & Electric Dryer HU
Exterior
Garage Spaces 4.0
View Y/N Yes
Water Access Desc Public
View Courtyard, City Lights
Total Parking Spaces 4
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories 1
Others
Tax ID 5050024010
Special Listing Condition Standard

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