This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

2119 S West View St

3 Unit Apartment Building $4,745,854 CAD ($1,581,951 CAD/Unit) 5.30% Cap Rate Los Angeles, CA 90016

Investment Highlights

  • NOT Subject to RENT CONTROL
  • All units are separately metered
  • Can be sold furnished
  • Plans to add 2 ADU’s: 1Bd +1Ba & Studio
  • Solar Panels
  • Close to 10 fwy and proximity to major institutions such as USC, Kaiser Permanente, and Cedars-Sinai

Executive Summary

Partners CRE is proud to exclusively present this brand-new 2024 3-unit residential property located in the desirable Mid-City/West Adams area of Los Angeles. This non-rent control asset includes a stunning single-family front unit with 5 bedrooms and 5 bathrooms, offering 2,600 square feet of modern living space and a 2-car garage. At the rear, a duplex features two separate units, each with over 2,000 square feet, 4 bedrooms, a den, and 4 bathrooms. The property has successfully operated as a midterm rental, with options to continue the profitable operation or be delivered vacant. Each unit boasts spacious floor plans, private full baths in every bedroom, pre-wired Cat-6 Internet, and an HD security camera system for added safety. The property includes ample parking with a covered garage and 6 additional spaces. Future potential exists with plans for two additional dwelling units (ADUs) for increased rental income. With solar panels for energy efficiency and separate metering for Water, Gas and Electric, this property offers low maintenance costs and modern amenities, including new stainless-steel appliances. Whether you’re an owner-user or an investor, this opportunity in a vibrant neighborhood is not to be missed.
The Mid-City area is a vibrant and highly sought-after neighborhood situated in the heart of Los Angeles. Conveniently located between Downtown LA and the Westside, it offers excellent access to transportation, just 2 minutes from the 10 Freeway. Mid-City is known for its diverse community, local amenities, and proximity to major institutions such as USC, Kaiser Permanente, and Cedars-Sinai, making it an exceptionally desirable place to live and invest.

Property Facts

Price $4,745,854 CAD
Price Per Unit $1,581,951 CAD
Sale Type Investment
Cap Rate 5.30%
Sale Conditions 1031 Exchange
Gross Rent Multiplier 14
No. Units 3
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Townhome
Building Class C
Lot Size 0.14 AC
Building Size 6,830 SF
No. Stories 3
Year Built 2024
Parking Ratio 1.17/1,000 SF

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Microwave
  • Washer/Dryer
  • Heating
  • Double Vanities
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Den
  • Dining Room
  • Double Pane Windows
  • Handrails
  • Instant Hot Water
  • Linen Closet
  • Pantry
  • Patio
  • Vinyl Flooring
  • Wet Bar
  • Window Coverings

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
5+5 1 - 2,600
4+4 2 - 2,000
Walk Score ®
Very Walkable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code RD2 (Restricted Density Multiple Dwelling Zone)
RD2 (Restricted Density Multiple Dwelling Zone)
  • Listing ID: 34054397

  • Date on Market: 2024-12-02

  • Last Updated:

  • Address: 2119 S West View St, Los Angeles, CA 90016

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}