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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.
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
Amenities
Monthly Cost Estimate
$5,081/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2424 West
Los Angeles, CA 90016
Features & Amenities
Interior Features
Exterior Features
Property Details
Views
Heating
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.








