• 2312 West Boulevard Los Angeles, CA 90016

  • $1,100,000
  • 4
    Bed(s)
  • 0
    Baths
  • 4,056
    Sq Ft
  • 5998
    Sqft
  • Listed By: Sean Rosenzweig, Marcus & Millichap, DRE #01406343
  • Source: CRMLS

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.

Property Type :

Residential Income

County :

Los Angeles

Style :

Residential Income

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Property Details

 

Bedroom Information

Total Bedrooms : 4

Bathroom Information

Total Baths: 4

Full Baths: 0

Half Baths: 0

Building Information

Year Built: 1924

Building Area Total: 4,056

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.1377

Lot Size Source: Assessor

Lot Size Square Feet: 5998

Listing Price Information

Original List Price: 1,100,000

Listing Contract Date: 2024-03-28

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 5061027021

Garage and Parking

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

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

Building and Construction

Property Age: 100

Year Built Source: Assessor

Total Square Feet Living: 4056

Levels or Stories: Two,Multi/Split

Building Total Stories: 2

Nearby Home Value

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.

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