3443 West Blvd - Apartments FOR SALE


Los Angeles, CA 90016- Crenshaw
$1,679,000 USD
818-448-4415
3443 West Blvd, Los Angeles, CA for Sale
$1,679,000 USD
Apartments - FOR SALE
1/18
null | 6.51% Cap Rate

3443 West Blvd
Los Angeles, CA 90016
Crenshaw


HIGHLIGHTS

  • Strong West Adams Location
  • Most Units Upgraded to Include New Roof, Electrical, Foundation, Kitchen, Ring Doorbells, New Flooring, Cabinetry, Appliances, Fixtures, and Bathrooms
  • Solid Rental Upside (+25%)
  • On-Site Parking - 4 Spaces and 3 Garages
  • Potential to Build ADUs in the Rear (Buyer to Verify)
  • Charming Spanish-Style Architecture

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,679,000 USD

PRICE/SF

$352 USD /SF

# OF UNITS

10

PRICE/UNIT

$167,900

CAP RATE

6.51%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,399 SF

ZONING

LAR2

APN/PARCEL ID

5046-007-018

ASK ABOUT THIS PROPERTY

Jason TuviaMarcus & MillichapMore Info
818-448-4415

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Jason TuviaMarcus & MillichapMore Info
818-448-4415

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