2937 West Boulevard
Los Angeles, CA, 90016
$3,149,000
Beds
0 Baths
SqFt
0.18 Acres
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2937 West Blvd is a FULLY STABILIZED NON-RENT CONTROLLED fourplex in the MOST SOUGHT AFTER WEST ADAMS NEIGHBORHOOD just minutes from Downtown Culver City and the Culver City Arts District! This is your opportunity to secure a healthy CAP RATE (MONTHLY RENT: $18,800) 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. Call me today -here to help!

Property Details

Price:
$3,149,000
MLS #:
MB24165970
Status:
Active
Baths:
0
Address:
2937 West Boulevard
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
c16midlosangeles
City:
Los Angeles
Listed Date:
Aug 11, 2024
State:
CA
ZIP:
90016
Lot Size:
7,787 sqft / 0.18 acres (approx)
Year Built:
2023
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Interior

Cooling
Central Air
Fireplace Features
None
Flooring
Laminate
Heating
Central

Exterior

Community Features
Sidewalks, Street Lights
Fencing
Security
Garage Spaces
4.00
Lot Features
Landscaped, Lot 6500-9999
Parking Features
Direct Garage Access, Driveway, Garage Faces Front, Garage Door Opener
Parking Spots
6.00
Pool Features
None
Roof
Flat
Sewer
Public Sewer
Stories Total
3
View
City Lights, Neighborhood
Water Source
Private

Financial

Association Fee
0.00
Tenant Pays
All Utilities

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Community

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2937 West Boulevard
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