$1,895,000
$355K PRICE DROP

3443 West Blvd Los Angeles, CA 90016

West Adams Neighborhood

Estimated payment $12,502/month

Total Views 3,328
9 Beds
10 Baths
4,765 Sq Ft
$398 Price per Sq Ft

About This Home

Build 3 ADUs! 3443 West Blvd is a beautifully renovated 10-unit apartmentbuilding in the heart of West Adams, one of LA’s fastest growingneighborhoods. Currently operating at a 6.17% caprate and 10.67 GRM, this turnkey asset offers strong cash flowwith minimal maintenance.The property features nine 1-bed/1-bath units and one studio,with most units upgraded to include new kitchens, RingDoorbells, new flooring, cabinetry, appliances, fixtures, andmodernized bathrooms.A key value-add opportunity lies in the potential to build threeADUs in the rear, allowing investors to significantly increaserental income and force appreciation well beyondconstruction costs. Once completed, the additional units willenhance the property’s cash flow and overall valuation,creating substantial equity gains.Strategically located between Downtown Culver City,Downtown LA, and the Metro line, tenants benefit from easyaccess to the 10, 405, and 110 freeways, making commuting abreeze. This is a rare opportunity to acquire a high performingasset in a rapidly appreciating market—perfect forinvestors seeking strong returns, long-term growth, andimmediate upside potential.

Listing Agent

Cameron Samimi

Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-259-7556 License #02035763

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 9,399 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • Apartment

Interior Spaces

  • 4,765 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 10 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 182
  • Tax Tract Number 7823
  • Assessor Parcel Number 5046007018

Community Details

Overview

  • 3 Buildings
  • 10 Units

Building Details

  • Rent Control
  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $55,330
  • Gross Income $177,540
  • Net Operating Income $113,334

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Parking

4

Listing Details

  • CapRate: 6.17
  • Price Per Unit: 189500
  • Property Attached: Yes
  • Zoning: LAR2
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 5046007018
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 397.69

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9399.00
  • Lot Size Acres: 0.2158

Multi Family

  • Gross Income: 177540.00
  • Gross Multiplier: 10.67
  • Gross Scheduled Income: 177540.00
  • Lot Size Area: 9399.0000 Square Feet
  • Net Operating Income: 113334.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 10
  • Operating Expense: 55330.00
  • Rent Control: Yes
  • Total Expenses: 55330.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Census Tract: 2200.00
  • Tax Lot: 182
  • Tax Tract Number: 7823

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2025 05/13/25 Price Changed $1,895,000 -15.8% $398 / Sq Ft
03/04/2025 03/04/25 For Sale $2,250,000 +80.0% $472 / Sq Ft
12/07/2018 12/07/18 Sold $1,250,000 0.0% $262 / Sq Ft
12/07/2018 12/07/18 Pending -- -- --
12/07/2018 12/07/18 For Sale $1,250,000 -- $262 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25047266

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Los Angeles 90016 West Adams

3443 West Blvd, Los Angeles, CA

Homes for Sale in Los Angeles, CA

This home is located at 3443 West Blvd, Los Angeles, CA 90016 and is currently priced at $1,895,000, approximately $397 per square foot. This property was built in 1930. 3443 West Blvd is a home located in Los Angeles County with nearby schools including Virginia Road Elementary School, Johnnie L. Cochran Jr. Middle School, and Susan Miller Dorsey Senior High School.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Cameron Samimi
Listing Agent
Cameron Samimi
Section Image
Lyon Stahl Investment Real Estate, Inc.
(310) 259-7556