Discover an exceptional opportunity in the heart of West Adams, Los Angeles — perfect for an owner-occupant buyer looking to live in a spacious home while generating rental income from two additional units. This charming multi-unit property at 2424 West Blvd offers the rare chance to "house hack" your way… Read More into homeownership, letting your tenants help pay your mortgage.
Imagine settling into the rear unit: a spacious two-story, 3-bedroom, 1.5-bathroom home with room to grow, while the front and center 1-bedroom apartments provide steady monthly income to offset your housing costs. With FHA and conventional owner-occupied financing options available for multi-unit properties (up to 4 units), this is an ideal entry point for first-time buyers, multi-generational families, or savvy investors looking to live in one unit while building equity and cash flow from the others.
The property features:
Rear unit: A spacious two-story, 3-bedroom, 1.5-bathroom home — ideal for the owner
Front unit: A delightful 1-bedroom apartment with a manicured yard and succulent garden
Center unit: A comfortable 1-bedroom, 1-bathroom apartment
Driveway parking for three vehicles
One-car garage
Current unit mix and rents:
3 Bedroom, 1.5 Bathroom: $1,580/month
1 Bedroom, 1 Bathroom: proforma
1 Bedroom, 1 Bathroom: $1,528/month
Market rent potential:
3 Bedroom: $3,750/month
1 Bedroom units: $2,100/month each
For an owner-occupant, the two 1-bedroom units alone offer significant income potential — at market rents, they could bring in approximately $3,800/month combined, dramatically reducing the true cost of homeownership in one of LA's most desirable up-and-coming neighborhoods. For pure investors, repositioning all three units to market rents represents substantial value-add upside.
Located in the rapidly evolving West Adams neighborhood, this property is perfectly positioned to benefit from the area's ongoing revitalization. With proximity to major employment hubs including Downtown LA, Culver City, and USC, the location is ideal for attracting young professionals and students as tenants. West Adams has been experiencing significant appreciation, with property values increasing by an average of 8.23% per year over the past five years.
Whether you're a first-time buyer ready to live in one unit and rent the others, a multi-generational family seeking flexible living arrangements. Don't miss your chance to make smart Los Angeles real estate work for you. Read Less
Property listed by Y Realty, Steven Richardson 213-344-7856
Listing Snapshot
Days Online
22
Last Updated
Property Type
Triplex
Beds
4
Full Baths
3
Square Ft.
2,459
Lot Size
0.1 Acres
Year Built
1923
MLS Number
PW26099448
Additional Details
Building
Built in 1923, Living area: 2459.0, Living area units: SquareFeet, 2 stories, Levels: Two, Entry level: 1, Entry location: 1
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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