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32781885
32781943

3443 West Boulevard, Los Angeles, CA 90016

JT
CA 01772495
Marcus & Millichap - Encino
Listed by Marcus & Millichap - Encino
$1,679,000
15 days on market
Updated 15 days ago
Opportunity zone

3443 West Boulevard

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,765
Cap Rate 6.51%
NOI $109,296
Price per SqFt $352
Year Built 1930
Buildings 3
Lot Size (SqFt) 9,399
Zoning LAR2

About This Property

Investment highlights

Marcus and Millichap is pleased to present a ten (10) unit apartment building located at 3443 West Blvd in Los Angeles, California. The subject property is located in a good West Adams location, just north of Exposition Blvd and west of Crenshaw Blvd.

Located in a strong West Adams location, 3443 West Blvd features a desirable unit mix of one studio and nine one-bedroom units within a rare turnkey multifamily asset showcasing classic Spanish-style architecture and bungalow-style charm. Most units have been upgraded with modern kitchens, flooring, cabinetry, appliances, fixtures, bathrooms, and major system improvements including electrical and roofing. The property offers approximately 25% rental upside along with potential to add ADUs in the rear. Residents benefit from immediate access to the 10 Freeway, Metro E and K Line stations, major commercial corridors including Jefferson and Crenshaw Boulevards, nearby retail amenities, parks, and new mixed-use developments continuing to drive growth and investment activity throughout the surrounding West Adams submarket.

With extensive unit renovations, solid rental upside, ADU potential, and a highly accessible West Adams location near major transit and commercial corridors, this property presents a rare opportunity to acquire a well-positioned multifamily asset in one of Los Angeles’ strongest growth submarkets.

Listing Contacts

JT
CA 01772495
Marcus & Millichap - Encino
Listed by Marcus & Millichap - Encino

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$109,296.00
$9,108.00/mo

Valuation Metrics

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DSCR
6.51%
Cap Rate
6.51%
ROI

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