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HUGE $100,000 Price Adjustment! IDEAL OWNER/USER INVESTMENT!! 2947 West Blvd presents a prime multifamily investment opportunity located in the rapidly appreciating West Adams neighborhood of Los Angeles. With a 6.41% cap rate, this well-maintained property combines dependable income, modern construction, and strong market fundamentals. The property features income-producing units, three of which are occupied by Section 8 tenants, providing secure and guaranteed government-backed rent payments. Additionally, two of the units are newly constructed ADUs and are leased near market rate, offering reliable, stable cash flow, ideal for both investors and potential owner-users. Situated in one of Los Angeles' most dynamic submarkets, 2947 West Blvd benefits from continued neighborhood revitalization, proximity to major employment centers, and convenient access to transit corridors connecting Culver City, Mid-City, and Downtown Los Angeles. This asset delivers a rare combination of turnkey stability and long-term appreciation potential in one of the city's most desirable multifamily corridors.
| DAYS ON MARKET | 61 | LAST UPDATED | 10/28/2025 |
|---|---|---|---|
| YEAR BUILT | 1924 | COMMUNITY | C16 - Mid Los Angeles |
| COUNTY | Los Angeles | STATUS | Active |
| PROPERTY TYPE(S) | Residential Income |
| PRICE HISTORY | |
| Prior to Oct 28, '25 | $1,795,000 |
|---|---|
| Oct 28, '25 - Today | $1,695,000 |
| ADDITIONAL DETAILS | |
| AREA | C16 - Mid Los Angeles |
|---|---|
| LOT | 7784 sq ft |
| LOT DIMENSIONS | 7786 |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| WATER | Public |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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