2424 West
Los Angeles, CA, 90016 $ 950,000
Bedrooms4 Baths3.0 Sq 2,459 Monthly Estimate*
$ 5,849
for $950,000 with 4 bedrooms and 3 full baths. This 2,459 square foot home was built in 1923 on a lot size of 0.0983.
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.
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FeaturesGeneralLiving Area 2459
Sewer Public Sewer
Heating Natural Gas
Cooling None
HOA Fee 0
Garage Spaces 1
Pool Features None
Year Built 1923
View City Lights
Stories Count 2
Levels Two
Property Subtype Triplex
Community Features Curbs
County Los Angeles
New Construction false
Property Type Residential
HOA false
Attached Garage false
Garage Y/N true
Full Baths 3
Special Listing Conditions Standard
Status Active
Directions 10 Fwy Exit Crenshaw Blvd
City Los Angeles
Entry Location 1
Senior Community Y/N false
High School District Los Angeles Unified
Number Of Units Total 3
MLS Area C16 - Mid Los Angeles
Lot Size Units Square Feet
Lot Size Square Feet 4284
Listing Terms Cash to New Loan
Property Attached Y/N false
Land Lease Y/N false
Additional Parcels Y/N false
Lease Considered Y/N false
Structure Type Triplex
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
Tax Lot 24
Property Sub Type Additional Triplex
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InteriorInterior Amenities Beamed Ceilings Bedroom on Main Level Galley Kitchen
Fireplace Features None
Total Stories 2
Common Walls No Common Walls
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Laundry Features Inside
Total Bedrooms 4
Entry Level 1
Main Level Bedrooms 2
Main Level Bathrooms 3
Total Baths 3
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ExteriorLot Features 0-1 Unit/Acre
Water Source Public
Total Parking 1
Lot Size Area 4284
Lot Size Acres 0.0983
Private Pool false
Lot Size Source Assessor
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* Excluded FeaturesList Bysrichardsonrealty@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,849
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,891,497
Percent of Sale Price 99%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/7/2026 | $950,000 | | Listed Price |