$1,695,000

2947 West Boulevard, Los Angeles, CA 90016

  • 9 beds |
  • 6 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon7,784sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

HUGE $100,000 Price Adjustment! IDEAL OWNER/USER INVESTMENT!! 2947 West Blvd presents a prime multifamily investment opportunity located in the rapidly appreciating West Adams neighborhood of Los Angeles. With a 6.41% cap rate, this well-maintained property combines dependable income, modern construction, and strong market fundamentals. The property features income-producing units, three of which are occupied by Section 8 tenants, providing secure and guaranteed government-backed rent payments. Additionally, two of the units are newly constructed ADUs and are leased near market rate, offering reliable, stable cash flow, ideal for both investors and potential owner-users. Situated in one of Los Angeles most dynamic submarkets, 2947 West Blvd benefits from continued neighborhood revitalization, proximity to major employment centers, and convenient access to transit corridors connecting Culver City, Mid-City, and Downtown Los Angeles. This asset delivers a rare combination of turnkey stability and long-term appreciation potential in one of the citys most desirable multifamily corridors.

Listing Status:
Active
Listing Office:
Lyon Stahl Investment Real Estate, Inc. : 310-425-9838
Listing Agent:
Aaron Jacobson : 310-729-1559
MLS ID:
SB25233224
  • Pool: N/K
  • General: 1 Story
  • Originating MLS: California Regional MLS
  • County: Los Angeles
  • Zoning: Assessor5050024010
  • Source: California Regional MLS

This listing courtesy of Aaron Jacobson, Lyon Stahl Investment Real Estate, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

V

Virginia Road Elementary

2925 Virginia Rd, Los Angeles, CA, 90016

Grades KG-5

0.13 miles away

J

Johnnie Cochran Jr. Middle School

4066 W Johnnie Cochran Vis, Los Angeles, CA, 90019

Grades 6-8

1.32 miles away

D

Dorsey High School

3537 Farmdale Ave, Los Angeles, CA, 90016

Grades 9-12

0.46 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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