1 month on rocket

2937 W Blvd, Los Angeles, CA, 90016

$3,199,000

0 Baths
Multi
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeQuadruplex
ParkingDirect Access, Driveway, Garage Faces Front, Garage, Garage Door Opener
Garage4 spaces
Year BuiltNew Const., 2023
HeatingCentral
CoolingCentral Air
FireplaceNone
MLS #MB24061829
Lot Size0.18 Acres
StatusActive

About 2937 W Blvd

2937 West Blvd is a Fully Stabilized NON-RENT CONTROLLED fourplex in the Ultra Hot WEST ADAMS District just minutes from Downtown Culver City and the Culver City Arts District! This is your opportunity to secure a healthy CAP RATE while owning a stunning 2023 built non-rent control property. Front building features: one 3-story 5 bed, 5.5 bath- 2,273 of living Sq. Ft with an attached 2 car garage (335) Sq. Ft including access to the roof top deck that provides an easy breezy outdoor living space with unmatched city views, with an attached 2-bedroom 1-bathroom ADU-970 Sq. Ft of functional living floor plan. The detached rear building features: two 3-story 4 bed,5 full baths-each unit is 1,757 Sq. Ft with an attached 1 car garage for each unit, including independent access to the roof top deck that provides unmatched city views. This design choice is invaluable to renters, who appreciate having their own separate living quarters and outdoor space including the convenience of not having to share parking accessibility-lot size 7,787 and combined living Sq. Ft including garages 7,844. Each unit is individually metered for water, gas and electric making the operating expenses at a minimum! Additional amenities: Fully equipped with all appliances, custom mini blinds throughout, usable balconies, front building independent yard, a large rear patio for the rear building, high quality finishes, walk-in closets with built in shelving, laundry hookups in each unit, high-end modern kitchens, and large, stunning bathrooms. Commuters enjoy close proximity to several of the most ground-breaking mixed-use developments: Alsace LA Boutique Hotel, Zoe Lofts, Platform, the Culver City Steps (Amazon Studios headquarters), Ivy Station (HBO headquarters), and the now operating Cumulus District/Whole Foods featuring live, work and play residences. And the following trendy restaurants: Alta Adams, Vicky's All Day, Mizlala, World Famous Johnny's West Adams, Farmhouse Kitchen, Party Beer Co, Delicious Pizza, Highly Likely and so many more all within a walkable score of 81 and a bike able score of 64 plus the large quantity of entertainment, tech, and creative jobs in the area, this area attracts outstanding professional tenants! This is the one for your 1031 exchange buyers and investors to step into an immediate cash flow property at a true cap rate = 6.03%.

Property Details

Property Features

Property Information:

  • Year Built: 2023
  • Stories: 3

Listing Office:

  • Office Name: CENTURY 21 REALTY MASTERS
  • Office Phone: (323) 253-5456
  • Listing Agent: XIO SANDOVAL

Interior Features

Interior Information:

  • Flooring Type: Laminate
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 4 spaces
  • Parking: Direct Access, Driveway, Garage Faces Front, Garage, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Landscaped
  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Susan Miller Dorsey Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Johnnie Cochran, Jr., Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Virginia Road Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: Between Adams Blvd and Jefferson Blvd

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,199,000

Tax Information:

  • Annual Amount: $6,333
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

2937 W Blvd vs Los Angeles

36 DAYS ON ROCKET

+2 Days

$3,199,000

+$2.2M More

KEY TAKEAWAY

This property is $2.2M more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #MB24061829

Listing Office:

  • Office Name: CENTURY 21 REALTY MASTERS
  • Office Phone: (323) 253-5456
  • Listing Agent: XIO SANDOVAL

IDX 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 broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/4/2024, 1:20:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 27, 2021Home Sold
$960,000
Apr 19, 2005Home Sold
$400,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,333$515,091
2020$6,146$509,810
2019$6,000$499,814
2018$5,872$490,015
2017$5,872$480,408

History based on county public records data.

Payment Calculator

$16K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,657

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5950571
5
/10

  • Virginia Road Elementary School

  • 2925 Virginia Rd

  • 0.13 miles

  • Public District Grades KG-5

school-card-donut-5950572
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 3.87 miles

  • Public Magnet Grades KG-6

school-card-donut-5950573
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 20.46 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-5950574
2
/10

  • Johnnie Cochran, Jr., Middle School

  • 4066 West Johnnie Cochran Vist

  • 1.30 miles

  • Public District Grades 6-8

school-card-donut-5950575
4
/10

  • Studio

  • 2211 W Avenue 30

  • 8.01 miles

  • Public District Grades 6-8

High School

school-card-donut-5950576
1
/10

  • Susan Miller Dorsey Senior High School

  • 3537 Farmdale Ave

  • 0.45 miles

  • Public Magnet Grades 9-12

school-card-donut-5950577
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 7.48 miles

  • Public Magnet Grades 9-12

school-card-donut-5950578
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 14.50 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,026. The majority of Los Angeles, CA residents have income between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

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Rocket Homes›California›Los Angeles County›Los Angeles›90016›2937 W Blvd

This home is located at 2937 W Blvd in Los Angeles, CA and zip code 90016 in the South LA neighborhood. This home, which was built in 2023, sits on a 0.18 acre lot. It has been listed on Rocket Homes since March 28, 2024 and is currently priced at $3,199,000.

Over 701 listings were sold over their listed price in April 2024 in Los Angeles, CA. In the same period over 629 listings were sold below the listed price and 204 listings were sold for the listed price. The number of listings in Los Angeles, CA increased by 14.9% between March 2024 and April 2024. In April 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $986,427.

From Rocket Homes Real Estate and based on county public records data.

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