3443 West Boulevard Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90016
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 4,765 sqft
Price per Sqft $367
MLS Listing ID SB-25198167
Year Built 1930
Lot Size 9,399 Sqft
Property Sub-Type Apartment
Property Description
Build 3 ADUs! 3443 West Blvd is a beautifully renovated 10-unit apartment
building in the heart of West Adams, one of LA's fastest growing
neighborhoods. Currently operating at a 6.83% Cap
rate and 9.85 GRM, this turnkey asset offers strong cash flow
with minimal maintenance.
The property features nine 1-bed/1-bath units and one studio,
with most units upgraded to include new kitchens, Ring
Doorbells, new flooring, cabinetry, appliances, fixtures, and
modernized bathrooms.
A key value-add opportunity lies in the potential to build three
ADUs in the rear, allowing investors to significantly increase
rental income and force appreciation well beyond
construction costs. Once completed, the additional units will
enhance the property's cash flow and overall valuation,
creating substantial equity gains.
Strategically located between Downtown Culver City,
Downtown LA, and the Metro line, tenants benefit from easy
access to the 10, 405, and 110 freeways, making commuting a
breeze. This is a rare opportunity to acquire a high performing
asset in a rapidly appreciating market—perfect for
investors seeking strong returns, long-term growth, and
immediate upside potential.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LAR2
Interior
Laundry Inside
Exterior
Garage Spaces 4.0
Pool None
Community Features Urban
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer