12
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$1,495,000
Est. payment /mo
7,788 Sqft Lot
New
2947 West Los Angeles, CA 90016
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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26158032
HOA Y/N No
Year Built 1924
Lot Size 7,788 Sqft
Property Sub-Type Quadruplex
Property Description
2947 West Blvd offers an exceptional opportunity for a savvy investor to acquire a low-maintenance property with high cash flow. Located in the heart of the rapidly growing West Adams neighborhood, this 4-unit provides a rare chance to enjoy modern living in a vibrant, central Los Angeles community while offsetting your mortgage with reliable rental income. Three of the units are occupied by long-term Section 8 tenants, and the fourth was recently occupied at market rent, allowing consistent guaranteed monthly payments. Two of the units are newly constructed ADUs built in 2024. Each unit has washer and dryer hookups, and the property features on-site and ample off-site parking.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Interior
Fireplace No
Laundry Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room
Exterior
Pool None
Community Features Biking
Total Parking Spaces 2
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5050024010
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Contract, 1031 Exchange
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Contract, 1031 Exchange
Special Listing Condition Standard
Listed by Sasha Savar Lyon Stahl Investment Real Estate, Inc. 925-885-9818, DRE #02268245
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