Listed by Myunits.com, Myunits.com Inc.
$2,845,000
2424 S West View
Details
APN 5049001049
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,947
Units 4
Cap Rate 5.88%
NOI $167,308
Occupancy 50%
Tenancy Multi
Price per SqFt $478
Year Built 2026
Buildings 2
Stories 3
Acreage 0.110
Zoning Public Rec
Parking Spaces 8 spaces
Parking Per SqFt 1.35
Investment Type Stabilized
Brand New Const. Fourplex in West Adams 50% Leased!
Marketing description
2424 West View is a brand-new 2026-built, non-rent controlled, fourplex in the heart of West Adams, one of Los Angeles most vibrant and sought-after neighborhoods. Nestled on a charming tree-lined street steps from Michelin guide noted restaurants such as Highly Likely Caf, Alta Adams, Mizlala, and Cento Pasta Bar! With prime location, tenant friendly layouts and the best curb appeal in mid-city, this stunning property is projected to generate over $213k in annual rent, offering a strong projected cap rate of 5.88% and exceptional return on investment. Both 4 bedrooms are already leased at strong market rents and we expect full occupancy soon! The fourplex (triplex + ADU "in name only") consists of two spacious 4-bedroom townhomes and two 3-bedroom units, all thoughtfully designed to maximize space and functionality. Modern, open-concept layouts feature high-end finishes, stainless-steel appliances, abundant natural light, and large windows that enhance the living experience. Additional highlights include expansive living areas, large front and rear-facing balconies, and sleek contemporary designs tailored to meet the demands of todays renters. All units have been launched on the rental market and are projected to achieve between $4,195-$4,695. Each unit is separately metered for utilities, ensuring minimal operating costs, and the property is backed by a 1-year builders warranty for peace of mind. Positioned in the thriving West Adams neighborhood, the property guarantees high tenant demand and strong long-term appreciation. With its low-maintenance design, upscale units,
Investment highlights
- ALREADY 50% LEASED! Making you money on day 1!
- NO RENT CONTROL!
- Located in ultra trendy and highly sought after West Adams- A major draw for A+ tenants! Outstanding cap rate of 5.88%!
- One of the best priced luxury new construction fourplexes in the Mid-City/West Adams area.
- Residential, tree-lined street!
- Boasts high-end, modern finishes and convenient in-unit laundry.
- Ideal unit mix of two 4 bedrooms and two 3 bedroom! High income producing property! All units separately metered. Tenants pay all utilities, making for minimal expenses.
- Dream 1031 exchange opportunity. Low maintenance and high return.
- Short drive to countless trendy restaurants, shops and mixed-use developments such as Highly Likely, the Culver Steps, and Platform!
- An impressive walk score of 85, you'll find a vibrant mix of dining, shopping and entertainment!
Listing Contacts
Listed by Myunits.com, Myunits.com Inc.
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$167,308.00
$13,942.33/mo
Valuation Metrics
0
DSCR
5.88%
Cap Rate
5.88%
ROI
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