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$ 1,895,000
Est. payment /mo
Price Dropped by $355K
3443 West Boulevard Los Angeles, CA 90016
4 Beds
4 Baths
9,399 Sqft Lot
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
HOA Y/N No
Lot Size 9,399 Sqft
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.
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.
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
Area Los Angeles (90016)
Zoning Assessor
Building
Story 2
Lot Size Range 7500-10889 SF
Others
Acceptable Financing Cash, Conventional, Exchange
Space Rent $1,950
Listing Terms Cash, Conventional, Exchange
Listed by Cameron Samimi • Lyon Stahl Investment Real Estate, Inc.