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$3,095,000

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7,788 Sqft Lot

Price Dropped by $55K

2937 West BLVD Los Angeles, CA 90016

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The Brandon Drew Group

financing@tbdgmortgage.com +1(909) 944-8800

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID MB25094379

HOA Y/N No

Year Built 2023

Annual Tax Amount $12,119

Lot Size 7,788 Sqft

Property Sub-Type Quadruplex

Property Description

MAKE THIS ONE YOUR NEXT BUILDING: 2937 West Blvd is a FULLY STABILIZED NON-RENT CONTROLLED 4-UNITS in the Ultra Hot WEST ADAMS District just minutes from Downtown Culver City and the Culver City Arts District! This is your opportunity to secure a healthy CAP RATE (Monthly rent: $18,600) while owning a stunning 2023 built non-rent control property. Front building features: ONE 3-story 5 bed, 5.5 bath- 2,273 of living Sq. Ft with an attached 2 car garage (335) Sq. Ft including access to the roof top deck that provides an easy breezy outdoor living space with unmatched city views, with an attached 2-bedroom 1-bathroom ADU-970 Sq. Ft of functional living floor plan. The detached rear building features: TWO 3-story 4 bed,5 full baths-each unit is 1,757 Sq. Ft with an attached 1 car garage for each unit, including independent access to the roof top deck that provides unmatched city views. This design choice is invaluable to renters, who appreciate having their own separate living quarters and outdoor space including the convenience of not having to share parking accessibility-lot size 7,787 and combined living Sq. Ft including garages 7,844. Each unit is individually metered for water, gas and electric making the operating expenses at a minimum! Additional amenities: Fully equipped with all appliances, custom mini blinds throughout, usable balconies, front building independent yard, a large rear patio for the rear building, high quality finishes, walk-in closets with built in shelving, laundry hookups in each unit, high-end modern kitchens, and large, stunning bathrooms. Commuters enjoy close proximity to several of the most ground-breaking mixed-use developments: Alsace LA Boutique Hotel, Zoe Lofts, Platform, the Culver City Steps (Amazon Studios headquarters), Ivy Station (HBO headquarters), and the now operating Cumulus District/Whole Foods featuring live, work and play residences. And the following trendy restaurants: Alta Adams, Vicky's All Day, Mizlala, World Famous Johnny's West Adams, Farmhouse Kitchen, Party Beer Co, Delicious Pizza, Highly Likely and so many more all within a walkable score of 81 and a bike able score of 64 plus the large quantity of entertainment, tech, and creative jobs in the area, this area attracts outstanding professional tenants! This is the one for your 1031 exchange buyers and investors to step into an immediate cash flow property.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LAR2

Interior

Heating Central

Cooling Central Air

Flooring Laminate

Fireplaces Type None

Inclusions All appliances.

Fireplace No

Laundry Inside

Exterior

Parking Features Direct Access, Driveway, Garage Faces Front, Garage, Garage Door Opener

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Street Lights, Sidewalks

Total Parking Spaces 6

Private Pool No

Building

Lot Description Landscaped

Story 3

Entry Level One,Three Or More

Sewer Public Sewer

Water Private

Level or Stories One, Three Or More

New Construction Yes

Others

Senior Community No

Tax ID 5050024008

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard

Listed by XIO SANDOVAL • CENTURY 21 REALTY MASTERS • 323-253-5456

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