2424 S West View
Property Description
2424 West View is a brand-new 2026-built, fully stabilized, non-rent controlled fourplex in the heart of West Adams-one of Los Angeles' most vibrant and sought-after neighborhoods. Situated on a charming tree-lined street, the property is just steps from Michelin Guide-recognized dining destinations including Highly Likely Cafe, Alta Adams, Mizlala, and Cento Pasta Bar. Combining an exceptional location, tenant-friendly floor plans, and striking contemporary curb appeal, this turnkey investment is currently generating over $209,760 in annual gross income, offering a strong 6.13% cap rate and attractive cash flow from day one. The property consists of a triplex plus an ADU (ADU designation only), featuring two spacious four-bedroom townhomes and two three-bedroom units. These units offer thoughtfully designed open-concept layouts with high-end finishes, stainless steel appliances, abundant natural light, oversized windows, expansive living areas, and generous front and rear balconies. Contemporary architecture and functional floor plans create an elevated living experience designed to appeal to today's renters. All four units are leased at market rents ranging from $3,995 to $4,695 per month. Each unit is separately metered for utilities, helping minimize operating expenses, and the property is backed by a one-year builder's warranty for additional peace of mind. Located in the rapidly growing West Adams neighborhood, 2424 West View benefits from strong tenant demand, excellent long-term appreciation potential, and a low-maintenance ownership profile. With new construction, stabilized income, premium finishes, and an unbeatable location, this is a rare opportunity to acquire a truly turnkey investment in one of Los Angeles' strongest rental markets. Don't miss the opportunity to own a brand-new, income-producing asset in one of LA's most desirable neighborhoods.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $2,695,000 |
| No. of Units: | 4 |
| Year Built: | 2026 |
| Opportunity Zone: | No |
| Price per unit: | $673,750 |
| Number of Bedrooms: | 14 |
| Number of Bathrooms: | 16 |
ID: 3yd-MRMLSCA-BB26099700
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Essex Property Trust, Inc.
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Bob Tuteur
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