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About This Home

This 4-bedroom, 3-bathroom multi-family at 2424 West in Los Angeles, CA is listed for $950,000 ($386 per sqft). Built in 1923, the home offers 2,459 sqft of living space on a 0.10 acres lot.

Agent 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.

Key Features

  • Built in 1923
  • 0.10 acre lot
  • 2 stories
  • 1 parking spaces

Property Details

2 stories
3 full
1 space
1923

Amenities

View

Monthly Cost Estimate

$5,081/mo

20% down · 6.5% · 30 years

Principal$687
Interest$4,117
Insurance$277

Estimates only. Actual payments may vary.

Location

2424 West

Los Angeles, CA 90016

Features & Amenities

Interior Features

Beamed Ceilings

Exterior Features

Community Features Included: Curbs0-1 Unit/Acre

Property Details

Views

City

Heating

Natural Gas

Cooling

None (Cooling)

Questions & Answers

This 4-bedroom, 3-bathroom multi-family at 2424 West is listed at $950,000 ($386/sqft). The estimated monthly payment is $4,117 based on 20% down at 6.5% interest.

Key features include: Built in 1923, 0.10 acre lot, 2 stories, 1 parking spaces. Interior Features: Beamed Ceilings. Exterior Features: Community Features Included: Curbs, 0-1 Unit/Acre.

This property is listed by Steven Richardson and can be reached at 2133447856 or srichardsonrealty@gmail.com.

SR

Steven Richardson

Agent at Y Realty

(213) 344-7856

Listed by Y Realty · View on Broker Site

MLS# PW26099448· Source: listhub· Updated 25 days ago

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2424 West, Los Angeles, CA 90016

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