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2937 West Blvd, Los Angeles, CA 90016

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For Sale

$3,199,000

15 beds

Estimated Payment

$      /mo. †

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

Explore this Property

2937 West Blvd is a Fully Stabilized NON-RENT CONTROLLED fourplex in the Ultra Hot WEST ADAMS District just minutes from Downtown Culver City and the Culver City Arts District! This is your opportunity to secure a healthy CAP RATE while owning a stunning 2023 built non-rent control property. Front building features: one 3-story 5 bed, 5.5 bath- 2,273 of living Sq. Ft with an attached 2 car garage (335) Sq. Ft including access to the roof top deck that provides an easy breezy outdoor living space with unmatched city views, with an attached 2-bedroom 1-bathroom ADU-970 Sq. Ft of functional living floor plan. The detached rear building features: two 3-story 4 bed,5 full baths-each unit is 1,757 Sq. Ft with an attached 1 car garage for each unit, including independent access to the roof top deck that provides unmatched city views. This design choice is invaluable to renters, who appreciate having their own separate living quarters and outdoor space including the convenience of not having to share parking accessibility-lot size 7,787 and combined living Sq. Ft including garages 7,844. Each unit is individually metered for water, gas and electric making the operating expenses at a minimum! Additional amenities: Fully equipped with all appliances, custom mini blinds throughout, usable balconies, front building independent yard, a large rear patio for the rear building, high quality finishes, walk-in closets with built in shelving, laundry hookups in each unit, high-end modern kitchens, and large, stunning bathrooms. Commuters enjoy close proximity to several of the most ground-breaking mixed-use developments: Alsace LA Boutique Hotel, Zoe Lofts, Platform, the Culver City Steps (Amazon Studios headquarters), Ivy Station (HBO headquarters), and the now operating Cumulus District/Whole Foods featuring live, work and play residences. And the following trendy restaurants: Alta Adams, Vicky's All Day, Mizlala, World Famous Johnny's West Adams, Farmhouse Kitchen, Party Beer Co, Delicious Pizza, Highly Likely and so many more all within a walkable score of 81 and a bike able score of 64 plus the large quantity of entertainment, tech, and creative jobs in the area, this area attracts outstanding professional tenants! This is the one for your 1031 exchange buyers and investors to step into an immediate cash flow property at a true cap rate = 6.03%.
MLS# MB2406129

Listed By CENTURY 21 Realty Masters

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Directions to 2937 West Blvd, Los Angeles, CA 90016

Home seller Meet the Agent,
Xio Sandoval

Get to know the neighborhood. A local affiliated CENTURY 21 agent will help you set up tours, give advice, and negotiate with sellers.

Xio Sandoval

of CENTURY 21 Realty Masters

License: 01308913
(323) 253-5456
Learn More About Me

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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