3443 West Blvd is a 10-unit apartment building located in the heart of flourishing West Adams. Currently operating at a 5.26% cap rate and a 12.67 GRM, the subject property has been extensively renovated. A majority of the units have central A/C, Ring Doorbells, new floors,… Read More cabinets, appliances, fixtures, bathrooms, etc. This is an ideal opportunity for an investor looking for low-maintenance and high cash flow in a rapidly appreciating neighborhood. West Blvd is comprised of (9) 1Bed+1Bath and (1) Studio+1Bath units with potential to build 3 ADUs in the rear. New buyers can collect steady income will adding ADUs in the rear for additional monthly income. The subject property is conveniently located in-between Downtown Culver City, Downtown Los Angeles and the city's metro line. Renters will enjoy the proximity to the 10, 405, and 110 freeways, making commuting in Los Angeles a breeze. This is an excellent opportunity to acquire an investment property with strong income and little maintenance. OM in supplements. Read Less
Property listed by Lyon Stahl Investment Real Estate, Inc., Cameron Samimi 310-259-7556
Listing Snapshot
Days Online
26
Last Updated
Property Type
Apartment
Lot Size
0.22 Acres
Year Built
1930
MLS Number
SB25031539
30 Days Snapshot Of 90016
$1,089k
+4%
(avg) sold price
10
0%
homes sold
113
+15%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1930, Building area total: 4,765, 3 buildings, Architectural style: , Attached, Common walls: TwoCommonWallsOrMore
Community
Urban
Expenses
Operating expense: $53,827
Garage
4 spaces
Income
Gross income: $177,529, Net operating income: $118,376
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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