2312 West Boulevard Los Angeles, CA ^$ 1,100,000

2312 West Boulevard

^$ 1,100,000

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2312 West Boulevard

Los Angeles, CA, 90016

^$ 1,100,000

Bedrooms4 Baths4.0 Sq 4,056

Monthly Estimate*

^$ 7,684

Listed by Marcus & Millichap

2312 West Boulevard, Los Angeles, CA 90016 - Image 1

2312 West Boulevard, Los Angeles, CA 90016 - Image 2

2312 West Boulevard, Los Angeles, CA 90016 - Image 3

2312 West Boulevard, Los Angeles, CA 90016 - Image 4

2312 West Boulevard, Los Angeles, CA 90016 - Image 5

2312 West Boulevard, Los Angeles, CA 90016 - Image 6

2312 West Boulevard, Los Angeles, CA 90016 - Image 7

Multi-Family Home for sale in Los Angeles, CA

for $1,100,000 with 4 bedrooms and 4 full baths. This 4,056 square foot home was built in 1924 on a lot size of 0.1377.

We are pleased to present the opportunity to acquire a four-unit apartment community situated in between Mid-City & West Adams. The subject property is located just north of the 10 Freeway & west of Crenshaw Boulevard. The property is situated on a 5,998 square foot parcel and comprises of four one-bedroom units. There is 44% remaining rental upside that new ownership can capture through interior renovations. The immediate area is undergoing significant gentrification, with numerous new developments and renovations taking place, making it a prime location for a real estates investment. Overall, 2312-2314 West Boulevard offers an exceptional opportunity for investors to acquire a well located property with healthy returns and long-term appreciation potential.

Multi-Family Active

Price

^$ 1,100,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1377

Year Built

1924

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24373887

Days on Market

Features

General

Zoning LAR2

Year Built 1924

Stories 2

Levels Two MultiSplit

Gross Income 78468.0

County Los Angeles

Net Operating Income 53765.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions North of West Adams Boulevard & West of Crenshaw Boulevard

City Los Angeles

View Y/N N

Senior Community Y/N N

Total Units 4

MLS Area C16 - Mid Los Angeles

Lot Size Square Feet 5998.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name West

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 8

Standard Status Active

Year Built Source Assessor

Cap Rate 4.89

Exterior

Total Parking 4.0

Lot Size Area 5998.0

Number of Buildings 1

Spa N

Building Area Total 4056.0

Lot Size Acres 0.1377

Lot Size Units SquareFeet

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Boulevard

Total Bedrooms 4

Electric On Property Y/N N

Total Baths 4

Internal Only

Street Number 1 2312

* Excluded Features

List By

Marcus & Millichap

Broker

(213) 943-1897

Phone

Affordability Calculator

$7,684

Per Month

Monthly Principal & Interest: $7,684
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,999,871

Percent of Sale Price 82%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/28/2024	$1,100,000		Listed Price

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2312 West Boulevard, Los Angeles, CA, 90016 is a Multi-Family Home for sale at $1,100,000 with 4,056 sqft and a lot size of 0.1377. 2312 West Boulevard has 4 bedrooms, 4.0 baths, and was built in 1924. The property's zip code is 90016 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/28/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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2312 West Boulevard

Multi-Family Home for sale in Los Angeles, CA

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