Thank you
Sean Rosenzweig
Marcus & Millichap
310-909-5500
We are pleased to present the opportunity to acquire a four-unit apartment community situated in between Mid-City & West Adams. The subject property is located just north of the 10 Freeway & west of Crenshaw Boulevard. The property is situated on a 5,998 square foot parcel and comprises of four one-bedroom units. There is 44% remaining rental upside that new ownership can capture through interior renovations. The immediate area is undergoing significant gentrification, with numerous new developments and renovations taking place, making it a prime location for a real estates investment. Overall, 2312-2314 West Boulevard offers an exceptional opportunity for investors to acquire a well located property with healthy returns and long-term appreciation potential.
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Total Bedrooms : 4
Total Baths: 4
Full Baths: 0
Half Baths: 0
Year Built: 1924
Building Area Total: 4,056
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.1377
Lot Size Source: Assessor
Lot Size Square Feet: 5998
Original List Price: 1,100,000
Listing Contract Date: 2024-03-28
Listing Agreement: Exclusive Right To Sell
Parcel Number: 5061027021
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: C16 - Mid Los Angeles
Postal Code Plus 4: 1621
Directions: North of West Adams Boulevard & West of Crenshaw Boulevard
Zoning: LAR2
Source Property Type: Residential Income
Area: C16 - Mid Los Angeles
Property Age: 100
Year Built Source: Assessor
Total Square Feet Living: 4056
Levels or Stories: Two,Multi/Split
Building Total Stories: 2
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
2636 Virginia Road, Los Angeles, CA,90016 | $3,250,000 | 16 | -- | 6,936 | 6550 Sqft |
2049 S Burnside Avenue, Los Angeles, CA,90016 | $950,000 | -- | -- | 2,448 | 5775 Sqft |
1943 S Spaulding Avenue, Los Angeles, CA,90016 | $1,060,000 | 2 | 1 | 1,095 | 6734 Sqft |
2419 S Palm Grove Avenue, Los Angeles, CA,90016 | $1,025,000 | 2 | -- | 1,800 | 5500 Sqft |
3043 S La Brea Avenue, Los Angeles, CA,90016 | $10,000,000 | -- | -- | -- | 39901 Sqft |
4120 W Jefferson Boulev.., Los Angeles, CA,90016 | $1,499,000 | -- | -- | -- | 5490 Sqft |
2155 S West View Street, Los Angeles, CA,90016 | $3,400,000 | -- | -- | 5,985 | 6000 Sqft |
5735 Bowesfield Street, Los Angeles, CA,90016 | $1,005,000 | 2 | 2 | 1,590 | 6316 Sqft |
2121 Thurman Avenue, Los Angeles, CA,90016 | $899,000 | 3 | -- | 1,412 | 5004 Sqft |
2531 Hillcrest Drive, Los Angeles, CA,90016 | $1,295,000 | 6 | -- | 3,122 | 6217 Sqft |
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ByOwner last updated this listing 05/04/2024 @ 05:03
MLS: 24373887
LISTED BY: Sean Rosenzweig, Marcus & Millichap
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.