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2424 West Boulevard, Los Angeles, CA 90016
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$1,025,000
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Home Details for 2424 West Boulevard
Price
$1,025,000
Type
Multi Family
Year Build
1923
Lot Size
0.0983
County
Los Angeles
Garage
1
MLS®️ Listing#
PW25053038
On exitrealty.com
169 days
Property Description
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.
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- Parking
- Concrete
- Direct Access
- Driveway
- Garage Faces Front
- Garage
- Gated
- On Site
- Off Street
- Shared Driveway
- Utilities
- Cable Connected
- Electricity Connected
- Natural Gas Connected
- Sewer Connected
- Water Connected
- House Interior
- Beamed Ceilings
- Tile Counters
- Cooling Information
- Wall/Window Unit(s)
- Heating Information
- Gravity
- Water Features
- Public
- Fire Place
- None
Listing Courtesy: Y Realty - 213-344-7856. Presented by: Steven Richardson
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-11-11 05:33:09 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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Median Square Feet
Market statistics compiled from data from California Regional MLS.
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EXIT CASTILLO REALTY
418 W. 3rd St., Oxnard, CA 93030
Licensed in the state of California.
CA DRE# 01516899. Lorenzo Castillo Broker.
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$1,025,000
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EXIT CASTILLO REALTY
418 W. 3rd St., Oxnard, CA 93030
Licensed in the state of California.
CA DRE# 01516899. Lorenzo Castillo Broker.