2947 West Blvd, Los Angeles, California 90016, Los Angeles, 90016 - bed, bath

2947 West Blvd
Los Angeles, California 90016
Property Price
SUMMARY
Analysis of 2947 West Blvd, Los Angeles, California 90016 is currently available with a list price of $1,650,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1924, the property has undergone extensive recent renovations and includes two brand-new ADUs. The interiors feature modern kitchens with stainless steel appliances, shaker-style cabinetry, and stone countertops. The units boast updated flooring, recessed lighting, and contemporary bathroom fixtures. The property is in turnkey condition with no visible deferred maintenance, meeting the standards for a high-quality, recently updated investment.
PROSSTRENGTHS & OPPORTUNITIES
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3384, other record living area = 2096.
About 2947 West Blvd
2947 West Blvd presents a prime multifamily investment opportunity located in the rapidly appreciating West Adams neighborhood of Los Angeles. With a 6.41% cap rate, this well-maintained property combines dependable income, modern construction, and strong market fundamentals. The property features income-producing units, three of which are occupied by Section 8 tenants, providing secure and guaranteed government-backed rent payments. Additionally, two of the units are newly constructed ADUs and are leased near market rate, offering reliable, stable cash flow, ideal for both investors and potential owner-users. Situated in one of Los Angeles’ most dynamic submarkets, 2947 West Blvd benefits from continued neighborhood revitalization, proximity to major employment centers, and convenient access to transit corridors connecting Culver City, Mid-City, and Downtown Los Angeles. This asset delivers a rare combination of turnkey stability and long-term appreciation potential in one of the city’s most desirable multifamily corridors.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1924
- Lot Size
- 7,786 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Virginia Road Elementary School
Grades K-5 • 0.2 mi
Cienega Elementary School
Grades K-5 • 0.7 mi
Alta Loma Elementary School
Grades K-5 • 1.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 3,384 | 2,921.5 | 50% |
| Lot Size | 7,786 | 5,816.5 | 88% |
| Price | $1.65M | $1.35M | 63% |
| Price per sq ft | $488 | $471 | 50% |
| Built year | 1924 | 1935 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 191 | 13% |
Pricing History
Listed for Sale
Feb 19, 2026
$1,650,000
Initial Listing
Sold
Jun 30, 2023
$978,000
Public Record






















