Prime 3-Plex Investment Opportunity in West Adams – Spacious Units with Immediate Value-Add Potential! This well-maintained triplex offers a rare blend of immediate income potential and long-term upside. Featuring three spacious 2-bedroom, 1-bathroom units, this property is ideal for both investors and/or owner-occupants. One unit is fully remodeled with new flooring, an updated kitchen and bath, and modern fixtures— premium rental pricing. Another unit is available for immediate occupancy or leasing at market rent, offering a built-in value-add opportunity. The two occupied units are already generating steady income at market rents, with one presenting future rent increase potential.
Located in the heart of West Adams, one of LA's fastest-growing and most sought-after neighborhoods, this property offers the perfect blend of convenience and lifestyle appeal. With a Walk Score in the 80s, it provides easy access to trendy cafes, restaurants, and retail hotspots, while being just minutes from public transportation, the Metro Expo Line, and major freeways, making commuting a breeze.
This is a rare chance to secure a property with strong current cash flow, prime location perks, and significant appreciation potential. Don’t miss this exceptional investment opportunity—schedule a private tour today!
For sale
Listing Provided by:
Nebiyou Mesfin DRE #02226044 310-621-3835,
Equity Union
$1,348,000
4427 Exposition Blvd, Los Angeles, CA 90016
26574beds
13287baths
2,498sqft
Est.:
Quadruplex
Built in 1946
-- sqft lot
$1,364,000 Zestimate®
$540/sqft
$-- HOA
What's special
Modern fixturesUpdated kitchen and bath
- 206 days |
- 152 |
- 9 |
Zillow last checked: 8 hours ago
Listing updated: September 27, 2025 at 09:43am
Listing Provided by:
Nebiyou Mesfin DRE #02226044 310-621-3835,
Equity Union
Source: CRMLS,MLS#: SR25116913
Originating MLS: California Regional MLS
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 26574
- Bathrooms: 13287
Cooling
- Central Air, Gas, Wall/Window Unit(s)
Appliances
- Included: Dishwasher, Gas Oven, Microwave, Refrigerator, Tankless Water Heater
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup
Features
- Flooring: Vinyl, Wood
- Doors: Double Door Entry
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 2,498
- Total interior livable area: 2,498 sqft
Property
Parking
- Total spaces: 3
- Parking features: Covered, Garage
- Garage spaces: 3
Accessibility
- Accessibility features: Safe Emergency Egress from Home
Features
- Entry location: Ground Floor
- Pool features: None
Lot
- Size: 6,072 Square Feet
- Features: 2-5 Units/Acre, Yard
Details
- Parcel number: 5046009026
- Zoning: LAR3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Roof: Shingle
Condition
- New construction: No
- Year built: 1946
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Street Lights, Sidewalks, Urban
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $540/sqft
- Tax assessed value: $1,015,043
- Annual tax amount: $12,608
- Date on market: 5/26/2025
- Cumulative days on market: 206 days
- Listing terms: Cash,Conventional,FHA 203(b),FHA 203(k),FHA,Fannie Mae,Freddie Mac,Government Loan,VA Loan
- Tenant pays: Cable TV, Electricity, Gas
Estimated market value
$1,364,000
$1.30M - $1.43M
$3,989/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 5/26/2025 | Listed for sale | $1,348,000+40.9%$540/sqft |
Source: | ||
| 7/15/2021 | Sold | $956,500-20.3%$383/sqft |
Source: Public Record Report a problem | ||
| 6/23/2021 | Pending sale | $1,200,000$480/sqft |
Source: | ||
| 6/22/2021 | Listed for sale | $1,200,000$480/sqft |
Source: | ||
| 4/30/2021 | Pending sale | $1,200,000$480/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,608 +1.4% | $1,015,043 +2% |
| 2024 | $12,437 +2% | $995,142 +2% |
| 2023 | $12,199 +4.9% | $975,630 +2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$8,485/mo
Principal & interest
$6710
Property taxes
$1303
Home insurance
$472
Climate risks
Neighborhood: West Adams
Nearby schools
GreatSchools rating
- 6/10Virginia Road Elementary SchoolGrades: K-5Distance: 0.4 mi
- 4/10Johnnie Cochran, Jr., Middle SchoolGrades: 6-8Distance: 1.6 mi
- 3/10Susan Miller Dorsey Senior High SchoolGrades: 9-12Distance: 0.1 mi
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