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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(s):
Residential Income
| Last Updated | 6/2/2025 | Year Built | 1923 |
|---|---|---|---|
| Community | C16 - Mid Los Angeles | Garage Spaces | 1.0 |
| County | Los Angeles |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Range, Gas Water Heater |
| AREA | C16 - Mid Los Angeles |
| EXTERIOR | Garden |
| GARAGE | Yes |
| HEAT | Gravity |
| INTERIOR | Beamed Ceilings, Tile Counters |
| LOT | 4282 sq ft |
| LOT DESCRIPTION | Back Yard, Front Yard, Garden, Rectangular Lot |
| PARKING | Concrete, Direct Access, Driveway, Garage Faces Front, Garage, Gated, On Site, Off Street, Shared Driveway |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| UTILITIES | Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| WATER | Public |
Location
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Listed with Y Realty
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 2025.
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