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.