Property listed by Lyon Stahl Investment Real Estate, Inc., Sasha Savar 925-885-9818
$1,495,000
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… Read More 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. Read Less
Listing Snapshot
Days Online
1
Last Updated
Property Type
Quadruplex
Lot Size
0.18 Acres
Year Built
1924
MLS Number
SB26158032
Additional Details
Building
Built in 1924, 2 buildings, 1 storey, Entry level: 1, Entry location: 1
Community
Biking
Expenses
Insurance: $18,688, Operating: $34,987
Income
Gross Income: $135,901, Gross ScheduledIncome: $140,104, Net Operating Income: $89,585
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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