3443 W Blvd, Los Angeles, CA 90016

3443 W Blvd, Los Angeles, CA 90016

  • 4765 sq ft
$1,765,000
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Basics

  • Date added: Added 2 weeks ago
  • Units: 10
  • Area, sq ft: 4765 sq ft

Description

  • Description:

    3443 West Blvd is a beautifully renovated 10-unit apartment building in the heart of West Adams, one of LA’s fastest-growing neighborhoods. Currently operating at a 6.17% Cap Rate and 10.67 GRM, this turnkey asset offers strong cash flow with minimal maintenance.

    The property features nine 1-bed/1-bath units and one studio, with most units upgraded to include new kitchens, Ring Doorbells, new flooring, cabinetry, appliances, fixtures, and modernized bathrooms.

    A key value-add opportunity lies in the potential to build three ADUs in the rear, allowing investors to significantly increase rental income and force appreciation well beyond construction costs. Once completed, the additional units will enhance the property’s cash flow and overall valuation, creating substantial equity gains.

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