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$2,250,000
Est. payment /mo
9,400 Sqft Lot
UPDATED:
02/17/2025 04:51 PM
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25031539
HOA Y/N No
Year Built 1930
Lot Size 9,400 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 5.26% cap rate and a 12.67 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.
the heart of flourishing West Adams. Currently operating
at a 5.26% cap rate and a 12.67 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
Fireplace No
Laundry None
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Urban
Total Parking Spaces 4
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5046007018
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
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Listed by Cameron Samimi • Lyon Stahl Investment Real Estate, Inc. • 310-259-7556