3443 West Boulevard
Ten-unit apartment building at 3443 West Boulevard in the West Adams neighborhood of Los Angeles, offered at $1,575,000 at a 7.02% cap ($110,544 NOI). The property has one studio and nine one-bedroom units, and the seller cites roughly 25% rental upside. Marcus & Millichap is the listing firm.
The buildings were built in 1930 and total 4,765 SF across three structures on a 9,399 SF lot zoned LAR2. The design combines Spanish-style architecture with bungalow-style detailing. Most units have been renovated, with work on kitchens, flooring, cabinetry, appliances, fixtures, bathrooms, electrical systems, and roofing. The rear of the lot may allow accessory dwelling units (ADUs) to be added.
The site is just north of Exposition Boulevard and west of Crenshaw Boulevard. Residents have access to the 10 Freeway, the Metro E and K Line stations, the Jefferson and Crenshaw commercial corridors, nearby retail centers, parks, and mixed-use developments under way in the West Adams submarket.
- Ten units: one studio and nine one-bedrooms
- 7.02% cap rate on $110,544 NOI
- Renovated units with updated kitchens, bathrooms, electrical, and roofing
- Approximately 25% rental upside
- Potential to add ADUs at the rear of the lot
- Near the 10 Freeway and Metro E and K Line stations
More property details
About this property
Marcus & Millichap is pleased to present a ten-unit apartment building located at 3443 West Boulevard in Los Angeles, California, within the desirable West Adams neighborhood, just north of Exposition Boulevard and west of Crenshaw Boulevard. The property features a unit mix of one studio and nine one-bedroom apartments, combining classic Spanish-style architecture with charming bungalow-style design. Most units have undergone renovations, including upgrades to kitchens, flooring, cabinetry, appliances, fixtures, bathrooms, electrical systems, and roofing, making this a turnkey multifamily investment opportunity. The property offers approximately 25% rental upside, along with the potential to add accessory dwelling units (ADUs) at the rear. Residents enjoy convenient access to the 10 Freeway, Metro E and K Line stations, major commercial corridors such as Jefferson and Crenshaw Boulevards, nearby retail centers, parks, and emerging mixed-use developments. Supported by ongoing growth and investment throughout the West Adams submarket, the property presents an attractive opportunity for investors seeking a well-positioned multifamily asset with renovated units, income growth potential, and additional development opportunities in one of Los Angeles’ promising neighborhoods.
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