2947 West, Los Angeles, CA 90016
- $1,495,000
- List Price
- $1,495,000
- Status
- ACTIVE
- MLS#
- SB26158032
- Year Built
- 1924
- Lot Size
- 7,789
- Acres
- 0.18
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 7
- Property Type
- Multifamily
- 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.
Additional Information
- Pool Description
- None
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $140,104
- Operating Expense
- 34987
Listing courtesy of Listing Agent: Sasha Savar (sasha@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.