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3445 West Blvd 10 Unit Apartment Building Offered at $1,575,000 at a 7.02% Cap Rate Los Angeles, CA 90016



Investment Highlights
- Most Units Upgrade to Include New Roof, Electrical, Foundation, Kitchen, Ring Doorbells, New Flooring, Cabinetry, Appliances, and Modern Bathrooms
- On-Site Parking - Four (4) Spaces and Three (3) Garages
- Charming Spanish-Style Architecture - Bungalow Style Units
- Solid Rental Upside Potential (+25%)
- Potential to Build ADUs in the Rear (Buyer to Verify)
- Rare West Adams Turnkey Asset
Executive Summary
Marcus and Millichap is pleased to present a ten (10) unit apartment building located at 3443 West Blvd in Los Angeles, California. The subject property is located in a good West Adams location, just north of Exposition Blvd and west of Crenshaw Blvd.
Located in a strong West Adams location, 3443 West Blvd features a desirable unit mix of one studio and nine one-bedroom units within a rare turnkey multifamily asset showcasing classic Spanish-style architecture and bungalow-style charm. Most units have been upgraded with modern kitchens, flooring, cabinetry, appliances, fixtures, bathrooms, and major system improvements including electrical and roofing. The property offers approximately 25% rental upside along with potential to add ADUs in the rear. Residents benefit from immediate access to the 10 Freeway, Metro E and K Line stations, major commercial corridors including Jefferson and Crenshaw Boulevards, nearby retail amenities, parks, and new mixed-use developments continuing to drive growth and investment activity throughout the surrounding West Adams submarket.
With extensive unit renovations, solid rental upside, ADU potential, and a highly accessible West Adams location near major transit and commercial corridors, this property presents a rare opportunity to acquire a well-positioned multifamily asset in one of Los Angeles’ strongest growth submarkets.
For OM, please visit: https://www.lamultifamilydeals.com/active-listings/3443-west-blvd
Located in a strong West Adams location, 3443 West Blvd features a desirable unit mix of one studio and nine one-bedroom units within a rare turnkey multifamily asset showcasing classic Spanish-style architecture and bungalow-style charm. Most units have been upgraded with modern kitchens, flooring, cabinetry, appliances, fixtures, bathrooms, and major system improvements including electrical and roofing. The property offers approximately 25% rental upside along with potential to add ADUs in the rear. Residents benefit from immediate access to the 10 Freeway, Metro E and K Line stations, major commercial corridors including Jefferson and Crenshaw Boulevards, nearby retail amenities, parks, and new mixed-use developments continuing to drive growth and investment activity throughout the surrounding West Adams submarket.
With extensive unit renovations, solid rental upside, ADU potential, and a highly accessible West Adams location near major transit and commercial corridors, this property presents a rare opportunity to acquire a well-positioned multifamily asset in one of Los Angeles’ strongest growth submarkets.
For OM, please visit: https://www.lamultifamilydeals.com/active-listings/3443-west-blvd
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,575,000 | Property Type | Multifamily |
| Price Per Unit | $157,500 | Lot Size | 0.22 AC |
| Sale Type | Investment | Building Size | 4,765 SF |
| Cap Rate | 7.02% | No. Stories | 2 |
| Gross Rent Multiplier | 9.12 | Year Built | 1930 |
| No. Units | 10 | ||
| Zoning | LAR2 | ||
| Price | $1,575,000 |
| Price Per Unit | $157,500 |
| Sale Type | Investment |
| Cap Rate | 7.02% |
| Gross Rent Multiplier | 9.12 |
| No. Units | 10 |
| Property Type | Multifamily |
| Lot Size | 0.22 AC |
| Building Size | 4,765 SF |
| No. Stories | 2 |
| Year Built | 1930 |
| Zoning | LAR2 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | 400 |
| 1+1 | 9 | - | 600 |
1 1
Moderately walkable
60/100
Very drivable
80/100
Good public transit
70/100
Moderately bikeable
60/100
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3445 West Blvd
