3443 West Blvd is a 10-unit apartment building located in the heart of flourishing West Adams. Currently operating at a 7.07% cap rate and a 9.57 GRM, the subject property has been extensively renovated. A majority of the units have central A/C, Ring Doorbells, new floors, cabinets, appliances, fixtures, bathrooms, etc. This is an ideal opportunity for an investor looking for low-maintenance and high cash flow in a rapidly appreciating neighborhood. West Blvd is comprised of (9) 1Bed+1Bath and (1) Studio+1Bath units with potential to build 3 ADUs in the rear. New buyers can collect steady income will adding ADUs in the rear for additional monthly income. The subject property is conveniently located in-between Downtown Culver City, Downtown Los Angeles and the city's metro line. Renters will enjoy the proximity to the 10, 405, and 110 freeways, making commuting in Los Angeles a breeze. This is an excellent opportunity to acquire an investment property with strong income and little maintenance. OM in supplements.
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Last Updated: . Source: CRMLS
Provided By
Listing Agent: Cameron Samimi (#SBSAMICAM)
Listing Office: Lyon Stahl Investment Real Estate, Inc. (#sb1310620)
