3443 WEST BOULEVARD, LOS ANGELES CA 90016
- 4,765 sq.ft.
- 9,399 sq.ft. lot
Property Description
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.
Listing Courtesy of Cameron Samimi, Lyon Stahl Investment Real Estate, Inc.
Exterior Features
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