2424 West, Los Angeles, CA 90016
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
2424 West,Los Angeles, CA 90016
$950,000
- 4 Beds
- 3 Baths
- 2,459 sq. ft.
- Single family
- Active
Listed by: steven richardson
Office: y realty877-976-5348
MLS#:PW26099448
Source:CRMLS
Price summary
- Price:$950,000
- Price per sq. ft.:$386.34
About this home
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 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....
Contact an agent
Home facts
- Year built:1923
- Listing ID #:PW26099448
- Added:1 day(s) ago
- Updated:May 07, 2026 at 02:35 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Living area:2,459 sq. ft.
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Year built:1923
- Building area:2,459 sq. ft.
- Lot area:0.1 Acres
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$950,000
- Price per sq. ft.:$386.34
Features and amenities
- Laundry features:Inside
- Amenities:Beamed Ceilings, Gallery Kitchen
Parking
- Total parking spaces:1
- Garage:Yes
- Garage spaces:1
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