2424 S West View St - Apartments FOR SALE


Los Angeles, CA 90016- West Adams
$2,795,000 USD
818-859-7242
2424 S West View St, Los Angeles, CA for Sale
$2,795,000 USD
Apartments - FOR SALE
1/40
null | 5.86% Cap Rate

2424 S West View St
Los Angeles, CA 90016
West Adams


HIGHLIGHTS

  • Brand-new 2026-built, fully stabilized fourplex with immediate cash flow from day one
  • Non-rent controlled investment with all units leased at market rents
  • Strong in-place 5.87% cap rate with over $209,000 in annual gross rental income
  • Desirable unit mix featuring two spacious 4-bedroom townhomes and two well-designed 3-bedroom units
  • Contemporary open-concept interiors with high-end finishes, stainless steel appliances, in-unit laundry, and abundant natural light
  • Separately metered for all utilities, with tenants paying utilities to help minimize operating expenses

OVERVIEW

The 2-4 Unit Specialists are proud to present 2424 West View, a brand-new 2026-built, fully stabilized, non-rent controlled fourplex in the heart of West Adams—one of Los Angeles' most vibrant and sought-after neighborhoods. Situated on a charming tree-lined street, the property is just steps from Michelin Guide-recognized dining destinations including Highly Likely Café, Alta Adams, Mizlala, and Cento Pasta Bar. Combining an exceptional location, tenant-friendly floor plans, and striking contemporary curb appeal, this turnkey investment is currently generating over $209,000 in annual gross income, offering a strong 5.87% cap rate and attractive cash flow from day one. The property consists of a triplex plus an ADU (ADU designation only), featuring two spacious four-bedroom townhomes and two three-bedroom units. These units offer thoughtfully designed open-concept layouts with high-end finishes, stainless steel appliances, abundant natural light, oversized windows, expansive living areas, and generous front and rear balconies. Contemporary architecture and functional floor plans create an elevated living experience designed to appeal to today's renters. All four units are leased at market rents ranging from $3,995 to $4,695 per month. Each unit is separately metered for utilities, helping minimize operating expenses, and the property is backed by a one-year builder's warranty for additional peace of mind. Located in the rapidly growing West Adams neighborhood, 2424 West View benefits from strong tenant demand, excellent long-term appreciation potential, and a low-maintenance ownership profile. With new construction, stabilized income, premium finishes, and an unbeatable location, this is a rare opportunity to acquire a truly turnkey investment in one of Los Angeles' strongest rental markets. Don't miss the opportunity to own a brand-new, income-producing asset in one of LA's most desirable neighborhoods.

FOR SALE DETAILS

PRICE

$2,795,000 USD

PRICE/SF

$470 USD /SF

# OF UNITS

4

PRICE/UNIT

$698,750

CAP RATE

5.86%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2026

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,808 SF

ZONING

LARD1.5

APN/PARCEL ID

5049-001-049

ASK ABOUT THIS PROPERTY

Elizabeth MaddoxMyunits.com IncMore Info
818-859-7242

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Elizabeth MaddoxMyunits.com IncMore Info
818-859-7242

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.