
Los Angeles, California 90016
This brand-new 2026-built fourplex represents a High-Potential Investment Opportunity, listed at $2,845,000—positioned slightly above the $2,745,739 Fair Market Value. As a non-rent controlled asset in the vibrant West Adams neighborhood, this property offers significant operational flexibility and a projected 5.88% cap rate. Featuring a Mint Condition Rating and a 1-year builder’s warranty, the units provide modern, high-end finishes designed for high-demand rental markets. This turnkey, low-maintenance property is an ideal acquisition for Buy-and-Hold Investors or 1031 Exchange Buyers seeking immediate, stable cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2424 S West View Subject | $2,795,000* List Price | 0 | 0 | 5,947 | $462 | - |
A 2153 S West View Street Pending | $2,649,000 List Price | 0 | 0 | 5,983 | $443 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Brand new 2026 construction in mint condition. Features modern kitchens with high-end finishes and stainless appliances, contemporary bathrooms with designer tile and black/gold hardware, and brand-new HVAC and electrical systems. Includes a builder's warranty.
As a 2026-built property, this fourplex offers modern efficiency, a builder’s warranty, and exemption from the Los Angeles Rent Stabilization Ordinance (RSO), allowing for maximum rental income flexibility.
The property boasts a strong projected cap rate of 5.88% with an annual gross rent potential of over $213k, offering superior cash flow compared to most turnkey assets in the Mid-City area.
Located in a vibrant, high-demand neighborhood near Michelin-noted restaurants like Alta Adams and Mizlala, the property is perfectly positioned to attract high-quality tenants and benefit from rapid appreciation.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4808, other record lot size in square feet = 4314. Living area discrepancy between mls listing and other public or private record. mls listing living area = 5947, other record living area = 2459.
The local middle and high schools carry low ratings (2/10), which may deter long-term family tenants and limit the property's appeal to a specific demographic.
With nearly 6,000 square feet of living space situated on a 4,808 square foot lot, the property has a high building-to-land ratio, resulting in limited outdoor common areas or private yard space.
2424 West View is 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.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.0 |
| Square foot | 5,947 | 2,187.451 |
| Lot Size | 4,808 | 5,841.385 |
| Price | $2.79M | $841.5K |
| Price per sq ft | $470 | $385 |
| Built year | 2026 | 1928 |
| HOA | $0 | $0 |
| Days on market | 125 | 85 |
Aug 28, 2026
$2,795,000
$2,845,000
-2% Price Drop
Initial Listing
May 7, 2026
$2,845,000
Initial Listing
Jun 12, 2019
$600,000
Public Record
May 3, 2018
$585,000
Public Record
Aug 21, 2012
$275,000
Public Record
Dec 17, 1999
$158,000
Public Record