West BL Lot 498
Los Angeles, CA, 90016
$3,200,000
Beds
0 Baths
0 SqFt
0.18 Acres
Add
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2937 West Blvd is a FULLY STABILIZED NON-RENT CONTROLLED 4-UNITS: Make this your next building positioned 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 (Monthly rent: $18,700) 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: $18,700 – actual rent.

Property Details

Price:
$3,200,000
MLS #:
MB25228495
Status:
A
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
c16
Listed Date:
Oct 2, 2025
Total Sq Ft:
7,139
Lot Size:
7,787 sqft / 0.18 acres (approx)
Year Built:
2023
NewconstructionC16C16

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Schools

Interior

Cooling
CA
Flooring
LAM
Heating
CF
Laundry Features
IN

Exterior

Community Features
SDW, SL
Parking Spots
6

Financial

Gross Operating Income
$214,272
Maintenance Fee
$2,800
Net Operating Income
$200,872
Taxes
$12,119

Map

Community

Market Summary

Current real estate data for Single Family in Los Angeles as of Oct 29, 2025
2,440
Single Family Listed
59
Avg DOM
686
Avg $ / SqFt
$1,924,769
Avg List Price

Property Summary

    West BL Lot 498 Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90016. It is listed for $3,200,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 2023. The average price per square foot for Single Family listings in Los Angeles is $686. The average listing price for Single Family in Los Angeles is $1,924,769.

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West BL Lot 498
Los Angeles, CA