Description
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. Theproperty features income-producing units, three of which are occupied by Section 8 tenants, providing secure and guaranteedgovernment-backed rent payments. Additionally, two of the units are newly constructed ADUs and are leased near marketrate, 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 majoremployment 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 mostdesirable multifamily corridors.
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0.18ACRES
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01/2 BATHS
School Ratings & Info
Description
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. Theproperty features income-producing units, three of which are occupied by Section 8 tenants, providing secure and guaranteedgovernment-backed rent payments. Additionally, two of the units are newly constructed ADUs and are leased near marketrate, 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 majoremployment 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 mostdesirable multifamily corridors.
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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-19T00:28:22.46. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Empire Properties. Licensed in the State of California, USA.