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Listed by Cameron Samimi • Lyon Stahl Investment Real Estate, Inc.
$1,895,000
Est. payment /mo
4,765 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,765 sqft
Price per Sqft $397
MLS Listing ID CRSB25031539
HOA Y/N No
Year Built 1930
Lot Size 9,399 Sqft
Property Sub-Type Other
Source Datashare California Regional
Property Description
3443 West Blvd is a 10-unit apartment building located in the heart of flourishing West Adams. Currently operating at a 6.17% cap rate and a 10.67 GRM, the subject property has been extensively renovated. A majority of the units have central A/C, Ring Doorbells, new floors, 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.
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry No Hookups
Building
Water Public
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