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2947 West Blvd

Los Angeles (City), CA 90016
  • $1,575,000
  • STATUS: Active
  • ON SITE: 88 Days
  • ID#: SB26035848
$1,575,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1924
County:

School Ratings & Info

Listing Agent(s): Aaron Jacobson of Lyon Stahl Investment Real Estate, Inc. (310-425-9838)


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.
www.inlandempiresold.com/homes/173172672
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2947 West Blvd Los Angeles (City), CA 90016

  • Price: $1,575,000
  • Status: Active
  • On Site: 88 Days
  • ID#: SB26035848
0
Beds
0
Baths
0
½ Baths
0.18
Acres
1924
Built
Neighborhood:
C16 - Mid Los Angeles
County:
Los Angeles
Area:
C16 - Mid Los Angeles
Property 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.
Exterior Features

Entry Level 1 Entry Location 2 Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 4 Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall

Property Features

Additional Parcels YN No Common Interest None Community Features Urban Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 139296 Gross Scheduled Income 139296 Insurance Expense 0 Land Lease YN No Laundry Features Washer HookupElectric Dryer HookupGas Dryer HookupInsideLaundry Room Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to Existing LoanCash to New Loan1031 Exchange Net Operating Income 102062 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Operating Expense 33055 Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 0 Water Source Public



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.
 
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RE/MAX Empire Properties
street
Hemet CA, 92545
Listing Agent(s): Aaron Jacobson of Lyon Stahl Investment Real Estate, Inc. (310-425-9838)