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4 Beds
3 Baths
2,459 sqft

$925,000

2424 West, LOS ANGELES CA, 90016

Price per sqft$376.17
Built in1923
Property size2,459 sqft
Property typeMulti-family

Overview

Active

Listed May 5, 2026

Updated 9 days ago

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.

$6,154/mo

Est. mortgage payment based on a $925,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
PW26099448MR

Interior Features

Bedrooms
4
Bathrooms
3
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.1 Acres

Other Property Details

Garage
Yes
View
Yes

Listed by Steven Richardson with Y Realty
Listing Contact: 213-344-7856 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Parasol Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2026 Combined L.A./Westside MLS. All rights reserved.

Data last updated 9/28/2026

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