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$ 1,695,000
Est. payment /mo
Active
2947 West Boulevard Los Angeles, CA 90016
9 Beds
3,384 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 3,384 sqft
Price per Sqft $500
MLS Listing ID CRSB25233224
Bedrooms 9
HOA Y/N No
Year Built 1924
Lot Size 7,786 Sqft
Acres 0.18
Property Sub-Type OTHER
Property Description
HUGE $100,000 Price Adjustment! 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 6.41% 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
Fireplace No
Laundry No Hookups
Exterior
Exterior Feature Other
Total Parking Spaces 4
Building
New Construction No
Others
Tax ID 5050024010
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Aaron Jacobson • Lyon Stahl Investment Real Estate, Inc.