Description
Discover an exceptional investment opportunity in the heart of west adams, los angeles. this charming multi-unit property at 2424 west blvd offers tremendous potential for value creation through strategic management.
the property features:
- front unit: a delightful one-bedroom apartment with a manicured yard and succulent garden
- center 1-bedroom, 1-bathroom unit
-rear unit: a spacious two-story, 3-bedroom, 1.5-bathroom home
- driveway parking for three vehicles
- one car garage
current unit mix and rents:
1. 3 bedroom, 1.5 bathroom: $1,580/month
2. 1 bedroom, 1 bathroom: $965/month
3. 1 bedroom, 1 bathroom: $1,528/month
market rent potential:
- 3 bedroom units: $3,750/month
- 1 bedroom units: $1,900/month
located in the rapidly evolving west adams neighborhood, this property is perfectly positioned to benefit from the area's ongoing revitalization. with its proximity to major employment hubs, including downtown la, culver city, and usc, the location is ideal for attracting young professionals and students.
west adams has been experiencing significant appreciation, with property values increasing by an average of 8.23% per year over the past five years. this trend, combined with the neighborhood's growing popularity, makes this property an excellent investment opportunity.
don't miss this chance to acquire a value-add property in one of los angeles' most promising neighborhoods. with strategic management and targeted improvements, this multi-unit gem has the potential to generate substantial returns in the thriving west adams real estate market.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
50055372
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Roof : Composition
- Interior Features: Beamed Ceilings,Tile Counters,Bedroom on Main Level
- Property Appliances: Gas Range,Gas Water Heater
- Fireplace: None
- Flooring: Tile,Wood
Cooling Features
- Wall/Window Unit(s)
- Air Conditioning
Heating Source
- Gravity
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 1923
- Building Area Total: 1,200
- Roof: Composition
Accessibility Features
- Accessible Doors
Pool Features
- None
Laundry Features
- Electric Dryer Hookup,Gas Dryer Hookup
Fencing
- Average Condition
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.0983
- Lot Size Source: Assessor
- Lot Size Square Feet: 4284
-
Listing Information
Listing Price Information
- Original List Price: 1,200,000
- Listing Contract Date: 2025-06-01
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 5050006036
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Concrete,Driveway Down Slope From Street,Direct Access,Door-Single,Driveway,Garage Faces Front,Garage,Gated,On Site,Off Street,Shared Driveway
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: All Utilities
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: C16 - Mid Los Angeles
- Postal Code Plus 4: 1659
- Directions: 10 FWY to Crenshaw Blvd
- Zoning: LAR2
- Source Property Type: Residential Income
- Area: C16 - Mid Los Angeles
- Property SubType: Triplex
Building and Construction
- Property Age: 102
- Common Walls: No Common Walls
- Structure Type: Triplex
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: 1
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 06/14/2025 @ 02:42
- MLS: PW25053038
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 5 bedrooms which is for sale, it has 1,200 sqft, 4,284 sized lot, and 1 parking. are nearby neighborhoods.