2424 West , Los Angeles, CA 90016
$925,000
Est. Payment: $4,654.45/mo
4 Bed
3 Bath
2459 Sqft
Status: active | Days on site: 25
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

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.

Highlights

Listed by Steven Richardson , 213-344-7856 Y Realty , 877-976-5348. CRMLS/Multi-Regional MLS mls logo

Property Type

Residential

Lot/Acreage
0.1

Year Built

1923

County

Los Angeles

Area

C16 - Mid Los Angeles

School District

Los Angeles Unified

Listing ID

PW26099448

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:3
  • Full Bathrooms:3
Other:Beamed Ceilings,Bedroom on Main Level,Galley Kitchen
Other:Public

Exterior Features

Lot:0-1 Unit/Acre,No Land Lease
Garage Capacity:1
Others:2+ Total Units
Sewer:Public Sewer
Principal Interest
$4,654
Taxes
$590

Home Price

$925,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$185,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,654.45

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,654.45 $589.69 $0.00 $5,244.14
Yearly $55,853.45 $7,076.25 $0.00 $62,929.70
Total $1,675,603.36 $212,287.50 $0.00 $1,887,890.86

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-08T08:36:43.000Z

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