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2937 West Blvd is a FULLY STABILIZED NON-RENT CONTROLLED fourplex in the MOST SOUGHT AFTER WEST ADAMS NEIGHBORHOOD just minutes from Downtown Culver City and the Culver City Arts District! This is your opportunity to secure a healthy CAP RATE (MONTHLY RENT: $18,800) while owning a stunning 2023 built non-rent control property. Front building features: one 3-story 5 bed, 5.5 bath- 2,273 of living Sq. Ft with an attached 2 car garage (335) Sq. Ft including access to the roof top deck that provides an easy breezy outdoor living space with unmatched city views, with an attached 2-bedroom 1-bathroom ADU-970 Sq. Ft of functional living floor plan. The detached rear building features: two 3-story 4 bed,5 full baths-each unit is 1,757 Sq. Ft with an attached 1 car garage for each unit, including independent access to the roof top deck that provides unmatched city views. This design choice is invaluable to renters, who appreciate having their own separate living quarters and outdoor space including the convenience of not having to share parking accessibility-lot size 7,787 and combined living Sq. Ft including garages 7,844. Each unit is individually metered for water, gas and electric making the operating expenses at a minimum! Additional amenities: Fully equipped with all appliances, custom mini blinds throughout, usable balconies, front building independent yard, a large rear patio for the rear building, high quality finishes, walk-in closets with built in shelving, laundry hookups in each unit, high-end modern kitchens, and large, stunning bathrooms. Commuters enjoy close proximity to several of the most ground-breaking mixed-use developments: Alsace LA Boutique Hotel, Zoe Lofts, Platform, the Culver City Steps (Amazon Studios headquarters), Ivy Station (HBO headquarters), and the now operating Cumulus District/Whole Foods featuring live, work and play residences. And the following trendy restaurants: Alta Adams, Vicky's All Day, Mizlala, World Famous Johnny's West Adams, Farmhouse Kitchen, Party Beer Co, Delicious Pizza, Highly Likely and so many more all within a walkable score of 81 and a bike able score of 64 plus the large quantity of entertainment, tech, and creative jobs in the area, this area attracts outstanding professional tenants! This is the one for your 1031 exchange buyers and investors to step into an immediate cash flow property. Call me today -here to help!
Property Type(s):
Residential Income
| Last Updated | 11/21/2024 | Year Built | 2023 |
|---|---|---|---|
| Community | Mid Los Angeles | Garage Spaces | 4.0 |
| County | Los Angeles |
Price History
| Prior to Sep 20, '24 | $3,345,000 |
|---|---|
| Sep 20, '24 - Nov 7, '24 | $3,288,880 |
| Nov 7, '24 - Nov 21, '24 | $3,188,000 |
| Nov 21, '24 - Today | $3,149,000 |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Mid Los Angeles |
| GARAGE | Direct Access, Driveway, Garage, Garage Door Opener, Garage Faces Front, Yes |
| HEAT | Central |
| HOA DUES | 0 |
| LOT | 7787 sq ft |
| LOT DESCRIPTION | Landscaped |
| PARKING | Direct Access,Driveway,Garage Faces Front,Garage,Garage Door Opener |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| TAXES | 12119 |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights,Neighborhood |
| WATER | Private |
| ZONING | LAR2 |
Location
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Listed with CENTURY 21 REALTY MASTERS
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2024.
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