2947 West Boulevard Open House Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90016
OPEN HOUSE
Sun Nov 02, 11:00am - 2:00pm
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 3,384 sqft
Price per Sqft $530
MLS Listing ID CRSB25240612
Bedrooms 9
Full Baths 6
Year Built 1924
Lot Size 7,786 Sqft
Property Sub-Type Detached
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 city's most desirable multifamily corridors.
Location
State CA
County Los Angeles
Interior
Cooling Wall/Window Unit(s)
Fireplaces Type None
Laundry Laundry Room,Other,Inside
Exterior
Garage Spaces 4.0
Pool None
View City Lights,Other
Building
Story 1
Water Public
Schools
School District Los Angeles Unified