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Listed by Cameron Samimi • Lyon Stahl Investment Real Estate, Inc.
$ 1,895,000
Est. payment /mo
Price Dropped by $355K
3443 West Boulevard Los Angeles, CA 90016
4,765 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 4,765 sqft
Price per Sqft $397
MLS Listing ID SB-25031539
Year Built 1930
Lot Size 9,399 Sqft
Property Sub-Type Apartment
Property Description
3443 West Blvd is a 10-unit apartment building located in the heart of flourishing West Adams. Currently operating at a 6.17% cap rate and a 10.67 GRM, the subject property has been extensively renovated. A majority of the units have central A/C, Ring Doorbells, new floors, cabinets, appliances, fixtures, bathrooms, etc. This is an ideal opportunity for an investor looking for low-maintenance and high cash flow in a rapidly appreciating neighborhood. West Blvd is comprised of (9) 1Bed+1Bath and (1) Studio+1Bath units with potential to build 3 ADUs in the rear. New buyers can collect steady income will adding ADUs in the rear for additional monthly income. The subject property is conveniently located in-between Downtown Culver City, Downtown Los Angeles and the city's metro line. Renters will enjoy the proximity to the 10, 405, and 110 freeways, making commuting in Los Angeles a breeze. This is an excellent opportunity to acquire an investment property with strong income and little maintenance. OM in supplements.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LAR2
Interior
Laundry None
Exterior
Parking Features Gated
Garage Spaces 4.0
Pool None
Community Features Urban
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer