2937 West Blvd Los Angeles, CA 90016

Multi-Family (2-4 Units) MLS #: MB2406129 Listed By CENTURY 21 Realty Masters

$3,199,000

15 beds
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Estimated monthly payments: $13,984/mo.* (recalculate)

Property InformationDescription

2937 West Blvd is a Fully Stabilized NON-RENT CONTROLLED fourplex 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 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 at a true cap rate = 6.03%.
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2937 West Blvd, Los Angeles, CA 90016
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School Information

2937 West Blvd, Los Angeles, CA 90016

Elementary School
Grades KG-5 | Public School
VIRGINIA ROAD ELEMENTARY
Los Angeles, CA 90016
2925 Virginia Rd
323.­735.0570
Distance: 0.1 mi
School Rating
B-
Student:Teacher Ratio
19:1
Total Students
244
Middle School
Grades 6-8 | Public School
JOHNNIE COCHRAN JR. MIDDLE SCHOOL
Los Angeles, CA 90019
4066 W Johnnie Cochran Vis
323.­730.4300
Distance: 1.3 mi
School Rating
D+
Student:Teacher Ratio
17:1
Total Students
522
High School
Grades 9-12 | Public School
DORSEY HIGH SCHOOL
Los Angeles, CA 90016
3537 Farmdale Ave
323.­298.8400
Distance: 0.5 mi
School Rating
D-
Student:Teacher Ratio
18:1
Total Students
816
Other Nearby Schools Distance Type Grades School Rating
Isana Nascent Academy 0.5 mi Public KG-8 C-
View Park Continuation 0.6 mi Public 9-12 D-
Stella Elementary Charter Academy 0.6 mi Public KG-3 C-
Cienega Elementary School 0.7 mi Public KG-5 C-
Coliseum Street Elementary School 0.7 mi Public PK-5 C-
Stella Middle Charter Academy 0.8 mi Public 5-8 C+
Donna Ro Schools 0.8 mi Private PK-KG
Lashon Academy City 1.0 mi Public KG-6
Alta Loma Elementary School 1.0 mi Public KG-5 C
6th Avenue Elementary School 1.0 mi Public KG-5 D
St Paul Elementary School 1.1 mi Private KG-8
Hillcrest Drive Elementary 1.1 mi Public KG-5 D-
Spirit Child Development Center 1.2 mi Private PK-KG
New Los Angeles Charter 1.3 mi Public 6-8 B-
Arlington Heights Elementary School 1.3 mi Public KG-5 C-
Math And Science College Preparatory 1.3 mi Public 9-12 B+
Global Education Academy 2 1.3 mi Public KG-5 A-
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Los Angeles, CA 90016

Median Age: 37
Married: 34%
Number of Households: 15,261
Households with Children: 29%
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    • 0 Rented
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