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2424 West Boulevard

Los Angeles (City), CA 90016
  • $990,000
  • STATUS: Active
  • ON SITE: 191 Days
  • ID#: PW25053038
Price Reduced
UPDATED: 76 min ago
$990,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1923
County:

School Ratings & Info

Listing Agent(s): Steven Richardson of Y Realty (877-976-5348)


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/month2. 1 Bedroom, 1 Bathroom: $965/month3. 1 Bedroom, 1 Bathroom: $1,528/monthMarket rent potential:- 3 Bedroom units: $3,750/month- 1 Bedroom units: $1,900/monthLocated 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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-12T00:26:58.333. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/164478880
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2424 West Boulevard Los Angeles (City), CA 90016

  • Price: $990,000
  • Status: Active
  • On Site: 191 Days
  • Updated: 76 min ago
  • ID#: PW25053038
0
Beds
0
Baths
0
½ Baths
0.1
Acres
1923
Built
Neighborhood:
C16 - Mid Los Angeles
County:
Los Angeles
Area:
C16 - Mid Los Angeles
Property 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/month2. 1 Bedroom, 1 Bathroom: $965/month3. 1 Bedroom, 1 Bathroom: $1,528/monthMarket rent potential:- 3 Bedroom units: $3,750/month- 1 Bedroom units: $1,900/monthLocated 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.
Exterior Features

Entry Level 1 Entry Location 1 Fencing Average Condition Lot Features 0-1 Unit/AcreBack YardFront YardGardenRectangular Lot Number Of Separate Electric Meters 3 Parking Features ConcreteDriveway Down Slope From StreetDirect AccessDoor-SingleDrivewayGarage Faces FrontGarageGatedOn SiteOff StreetShared Driveway Parking Total 1 Pool Features None Pool Private YN No Property Attached YN No Roof Composition

Interior Features

Accessibility Features Accessible Doors Appliances Gas RangeGas Water Heater Common Walls No Common Walls Cooling Wall/Window Unit(s) Cooling YN Yes Fireplace Features None Fireplace YN No Flooring TileWood Heating Gravity Heating YN Yes Interior Features Beamed CeilingsTile CountersBedroom on Main Level

Property Features

Additional Parcels YN No Common Interest None Community Features Gutter(s)Storm Drain(s)Street LightsSidewalksUrban Current Financing Conventional Electric Electricity - On Property Garage YN Yes Gross Income 48144 Gross Scheduled Income 48144 Insurance Expense 2053 Land Lease YN No Laundry Features Electric Dryer HookupGas Dryer Hookup Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash to New Loan Net Operating Income 27819 New Construction YN No Number Of Separate Gas Meters 3 Number Of Separate Water Meters 3 Operating Expense 20325 Possession Close Of Escrow Property Sub Type Triplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All Utilities Trash Expense 300 Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Source Public Zoning LAR2



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-12T00:26:58.333. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Independent Broker Network
1148 N. Chinowth Suite A
Visalia CA, 93291
Listing Agent(s): Steven Richardson of Y Realty (877-976-5348)