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2947 West BlvdLos Angeles, CA 90016

For Sale

$1,595,000

Smart Buyer Rebate $15,950

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.

Listed by Aaron Jacobson

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License #02100737

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Lyon Stahl Investment Real Estate, Inc.

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310-729-1559

Last updated March 16, 2026

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Source: CRMLS #SB26035848

Listing Facts

  • TypeMulti-family
  • NeighborhoodWest Adams
  • Days on Prevu26

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

03/13/2026
Price Decreased
$1,595,000
02/19/2026
Listed by Lyon Stahl Investment Real Estate, Inc.
$1,650,000

Property Details for 2947 West Blvd

Association

Amenities

  • Community Features: Urban

Exterior

Construction

  • Number Of Units Total: 4
  • Property Attached: Yes
  • Stories Total: 1
  • Year Built: 1924
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Entry Location: 2

Measurements

  • Building Area Total: 3,384
  • Building Area Units: Square Feet
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Acres: 0.17
  • Lot Size Area: 7,786
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7,786
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $139,296.00
  • Operating Expense: $33,055.00

Taxes

  • Parcel Number: 5050024010

Other

Location

  • Tax Lot: 502

Parking

Parking

  • Garage Spaces: 4
  • Garage: Yes
  • Parking Total: 4

Utilities

Equipment

  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 2947 West Blvd.

Does this multi-family home have parking?

Yes, there are 4 parking spaces available for 2947 West Blvd.

How does 2947 West Blvd compare to other multi-family homes in West Adams?

This multi-family home is listed 12% below the average price for multi-family homes in West Adams and has been on the market for 101 less days than the typical home in this area.

2947 West Blvd is a -bedroom multi-family home for sale in Los Angeles CA 90016. Available on Prevu for 26 days at $1,595,000. This includes a recent price decrease of $55,000. This property is located in West Adams. The median listing price for multi-family homes in this area is $1,299,000. Property amenities include parking. View other multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. 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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.