2424 West BLVD Los Angeles, CA 90016
4,281 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25053038
HOA Y/N No
Year Built 1923
Lot Size 4,281 Sqft
Property Sub-Type Triplex
Property Description
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.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LAR2
Interior
Interior Features Beamed Ceilings, Tile Counters, Bedroom on Main Level
Heating Gravity
Cooling Wall/Window Unit(s)
Flooring Tile, Wood
Fireplaces Type None
Fireplace No
Appliance Gas Range, Gas Water Heater
Laundry Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Parking Features Concrete, Driveway Down Slope From Street, Direct Access, Door-Single, Driveway, Garage Faces Front, Garage, Gated, On Site, Off Street, Shared Driveway
Garage Spaces 1.0
Garage Description 1.0
Fence Average Condition
Pool None
Community Features Gutter(s), Storm Drain(s), Street Lights, Sidewalks, Urban
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Roof Type Composition
Accessibility Accessible Doors
Total Parking Spaces 1
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Back Yard, Front Yard, Garden, Rectangular Lot
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5050006036
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
Lease Land No
NEARBY SCHOOLS & PROPERTIES
- 9
Horace Mann School
Public | KG - 8
- 8
Hancock Park Elementary
Public | KG - 5
- 8
3rd Street Elementary School
Public | KG - 5
- 8
Queen Anne Place Elementary School
Public | KG - 5
- 7
Baldwin Hills Elementary School
Public | KG - 5
- 7
New Heights Charter
Public | KG - 8
- 6
Marvin Avenue Elementary
Public | KG - 5
- 6
Cienega Elementary School
Public | KG - 5
- 6
Wilshire Park Elementary
Public | KG - 5
- 6
Kim Elementary School
Public | KG - 5
- 6
Cahuenga Elementary School
Public | KG - 5
- 5
Shenandoah Street Elementary School
Public | KG - 5
- 5
City Charter Elementary School
Public | KG - 5
- 5
Celerity Nascent Charter
Public | KG - 8
- 5
Wilton Place Elementary
Public | KG - 5
- 5
Bright Elementary School
Public | KG - 5
- 5
Kipp Scholar Academy
Public | 5 - 8
- 5
Hobart Boulevard Elementary School
Public | KG - 5
- 5
Los Angeles Elementary
Public | KG - 5
- 5
Camino Nuevo Academy #2
Public | KG - 8
- 8
Los Angeles Center for Enriched Studies
Public | 6 - 12
- 6
New los Angeles Charter
Public | 6 - 8
- 6
John Burroughs Middle School
Public | 6 - 8
- 6
Alliance Ouchi-O'Donovan 6-12 Complex
Public | 6 - 12
- 5
Pico Pico Middle School
Public | 6 - 8
- 4
Foshay Learning Center
Public | 6 - 12
- 4
RFK Community Schools - Ambassador School of Global Leadership
Public | 6 - 12
- 2
Monsenor Oscar Romero Charter Middle School
Public | 6 - 8
- 1
Audubon Middle School
Public | 6 - 8
- 1
View Park Preparatory Accelerated Charter Middle School
Public | 6 - 8
- 1
Johnnie Cochran Jr. Middle School
Public | 6 - 8
- 1
Barack Obama Global Preparation Academy
Public | 6 - 8
- 1
Global Education Academy Middle School
Public | 6 - 8
- 1
Berendo Middle School
Public | 6 - 8
- 0
Star Preparatory Academy
Private | 6 - 12
- 0
Urban Village Middle School
Public | 6 - 8
- 0
Marlborough School
Private | 7 - 12
- 0
Frederick Douglass Academy Middle School
Public | 6 - 8
- 0
Joseph Pomeroy Widney High School
Public | 6 - 12
- 7
Math and Science College Preparatory
Public | 9 - 12
- 7
Frederick Douglass Academy High School
Public | 9 - 12
- 6
Crenshaw Arts-Technology Charter High School
Public | 9 - 12
- 5
View Park Preparatory Accelerated High School
Public | 9 - 12
- 4
RFK Community Schools - Los Angeles High School of the Arts
Public | 9 - 12
- 3
Los Angeles High School
Public | 9 - 12
- 1
Dorsey High School
Public | 9 - 12
- 1
Crenshaw Magnet High School
Public | 9 - 12
- 1
RFK Community Schools - School for the Visual Arts & Humanities
Public | 9 - 12
- 0
Yula Girls High School
Private | 9 - 12
- 0
Mesivta Birkas Yitzchok
Private | 9 - 12
- 0
Shalhevet High School
Private | 9 - 12
- 0
Shalhevet School
Private | 9 - 12
- 0
Harkham-Gaon Acadamy
Private | 9 - 12
- 0
Shaarei Torah California Rabbinical College
Private | 9 - 12
- 0
Bais Yaakov School for Girls
Private | 9 - 12
- 0
Yeshiva Gedolah of los Angeles
Private | 9 - 12
- 0
View Park Continuation
Public | 9 - 12
- 0
Whitney Young Continuation
Public | 9 - 12
- 0
Academy of Science and Engineering
Public | 9 - 12