
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 | $2,845,000* List Price | 0 | 0 | 5,947 | $462 | - |
A 2404 S Cochran Avenue Sold | $3,006,075 | 0 | 0 | 6,605 | $455 | 1.0 mi |
B 2151 S West View Street Active | $2,699,000 List Price | 0 | 0 | 5,983 | $451 | 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, non-rent controlled, fourplex in the heart of West Adams, one of Los Angeles’ most vibrant and sought-after neighborhoods. Nestled on a charming tree-lined street steps from Michelin guide noted restaurants such as Highly Likely Café, Alta Adams, Mizlala, and Cento Pasta Bar! With prime location, tenant friendly layouts and the best curb appeal in mid-city, this stunning property is projected to generate over $213k in annual rent, offering a strong projected cap rate of 5.88% and exceptional return on investment. Both 4 bedrooms are already leased at strong market rents and we expect full occupancy soon! The fourplex (triplex + ADU "in name only") consists of two spacious 4-bedroom townhomes and two 3-bedroom units, all thoughtfully designed to maximize space and functionality. Modern, open-concept layouts feature high-end finishes, stainless-steel appliances, abundant natural light, and large windows that enhance the living experience. Additional highlights include expansive living areas, large front and rear-facing balconies, and sleek contemporary designs tailored to meet the demands of today’s renters. All units have been launched on the rental market and are projected to achieve between $4,195-$4,695. Each unit is separately metered for utilities, ensuring minimal operating costs, and the property is backed by a 1-year builder’s warranty for peace of mind. Positioned in the thriving West Adams neighborhood, the property guarantees high tenant demand and strong long-term appreciation. With its low-maintenance design, upscale units, and unbeatable location, 2424 West View is an exceptional opportunity for investors looking to secure a premium property in a fast-growing market. This is your chance to own a turnkey investment in one of LA’s hottest neighborhoods—don’t miss out!
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 5,947 | 2,459 | 78% |
| Lot Size | 4,808 | 6,079 | 33% |
| Price | $2.85M | $1.07M | 78% |
| Price per sq ft | $478 | $427 | 56% |
| Built year | 2026 | 1939 | 89% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 183 | 11% |
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