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3020 West Blvd, Los Angeles, CA 90016
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3020 West Blvd Los Angeles, CA 90016

$2,250,000
  • 4 Beds
  • 6 Baths
  • 3,294 Sq.Ft.
For Sale
$2,250,000 Get Pre-Qualified
Map preview of 3020 West Blvd, Los Angeles, CA 90016

Property Overview: 3020 West Blvd Los Angeles, CA has 4 bedrooms, 6 bathrooms, 3,294 living square feet and 7,772 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Indulge in the epitome of sophistication with this exceptionally rare Spanish modern fourplex, gracefully situated in the culturally vibrant enclave of West Adams. Crafted for discerning investors, this property stands as a beacon of high-income potential, meticulously revitalized in 2020 to exude contemporary elegance. An eclectic ensemble awaits within, featuring a distinctive unit mix including a lavish 3-bedroom, 2.5-bathroom single-family residence akin to a palatial retreat, alongside two chic 1-bedroom, 1-bathroom units constructed in 2021, and a sleek Studio/1-bathroom ADU unit. Awash with natural light, each residence is adorned with premium finishes, opulent wood flooring, and pristine white walls, seamlessly marrying airy expansiveness with sleek sophistication. Elevating the allure, recent enhancements encompass updated kitchens and bathrooms, dual-pane windows, state-of-the-art AC/Heat systems, and modernized electrical and plumbing infrastructure. A stainless steel appliance suite, in-unit washer and dryer ensemble, and dedicated off-street parking further enhance the allure of each unit, promising a lifestyle of unparalleled convenience. Positioned mere moments from the Expo Metro Line, the locale brims with an array of culinary delights and artisanal indulgences, including the esteemed Party Beer Co, Highly Likely, Miz Lala, Delicious Pizza, Whole Foods at the Cumulus, NSoto, Embody Yoga, Chulita, Tartine Bakery, Alta Adams, Cento Pasta Bar, and Peace & Awareness Labyrinth and Gardens. With such plug-and-play opportunities like this seldom gracing the market, seize the moment to secure this unparalleled investment before it becomes the enigmatic 'One that got away.'

Listed by Jesse Ramos | BRE #01930503 | COMPASS
Co-listed by Adam Sikorski | BRE #02080987 | COMPASS
Last checked: 12 minutes ago | Last updated: May 16th, 2024 | Source CRMLS | DOM: 2
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Home details

Lot Sq. Ft
7,772
HOA Dues
$0/mo
Year built
1927
Garage
--
Property Type:
Fourplex
Status
Active
MLS#
P1-17444
City
Los Angeles
County
Los Angeles
Time on Site
16 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $5,300
  • Total Rent: $5,300
  • Pro Forma/Market Rent: $5,300
Unit Breakdown 2
  • # of Units: --
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Actual Rent: $1,871
  • Total Rent: $1,871
  • Pro Forma/Market Rent: $1,871
Unit Breakdown 3
  • # of Units: --
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Actual Rent: $2,317
  • Total Rent: $2,317
  • Pro Forma/Market Rent: $2,317
Unit Breakdown 4
  • # of Units: --
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Actual Rent: $2,395
  • Total Rent: $2,395
  • Pro Forma/Market Rent: $2,395
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.46%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $142,596
  • Net Operating Income: $122,860
  • Gross Operating Income: $142,596
  • Other Income Description: YES
Annual Expense Breakdown
  • Total Operating Expense: $19,736
  • Electric: $696
  • New Taxes: $15,000
  • Trash: $0
  • Insurance: $2,000
  • Water/Sewer: $2,040

Open Houses for 3020 West Blvd

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Property Details for 3020 West Blvd

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Inside, Washer Included, Stackable, Dryer Included
Fireplace Information
  • Has Fireplace
  • Decorative
Room Information
  • Flooring: Wood
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Range, Refrigerator
Interior Features
  • Levels: One, Two
Exterior Features
Exterior Information
  • Has Fence
  • Block, Wood
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
Lot Information
  • Lot Size Source: Public Records
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 5050026042
  • Year Built Source: Public Records
  • Architectural Style: Spanish
  • Property is not Attached
  • Offered With Property: Kitchen appliances in all units.
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Not Applicable
  • Directions: From W Jefferson Ave go North on West Blvd. Property is South of W 30th St.
Neighborhood Information
  • Community Features: Sidewalks, Urban
View more facts & features

Local Los Angeles Agent

Sale History for 3020 West Blvd

Last leased for $4,500 on September 30th, 2021

  • April, 2024

  • Apr 30, 2024

    Date

    Active

    CRMLS: P1-17444

    $2,250,000

    Price

  • April, 2022

  • Apr 2, 2022

    Date

    Expired

    CRMLS: 21100625

    $2,600

    Price

  • Nov 1, 2021

    Date

    Active

    CRMLS: 21100625

    $2,600

    Price

  • Listing provided courtesy of CRMLS

    Brand new upper loft style modern studio in the heart of trendy West Adams. Walkable to the best West Adams amenities such as Party Beer Co (1/2 block), Highly Likely & Home State Tacos. The property was recently built from the ground up with all new vaulted beamed ceilings, systems, flooring, kitchen with granite countertops & modern bathroom, each with designer tiles and high end finishes. The light filled unit has palm tree views. The lease also comes with new appliances including dishwasher, refrigerator, oven / range & washer / dryer. Mini-split cooling and heating. 1/dedicated parking spot (plus easy street parking). Minutes from the new Cumulus development and Whole Foods (projected to open in 2022), Miz Lala, Delicious Pizza, Mian Taste and many more restaurants and coffee shops.

  • April, 2022

  • Apr 2, 2022

    Date

    Expired

    CRMLS: 21100621

    $2,200

    Price

  • Nov 1, 2021

    Date

    Active

    CRMLS: 21100621

    $2,200

    Price

  • Listing provided courtesy of CRMLS

    Brand new 1/bedroom 1/bathroom lower unit in the heart of trendy West Adams. Walkable to the best West Adams amenities such as Party Beer Co (1/2 block), Highly Likely & Home State Tacos. The property was recently built from the ground up with all new systems, flooring, kitchen with granite countertops & modern bathroom, each with designer tiles and high end finishes. The lease also comes with new appliances including dishwasher, refrigerator, oven / range & in-unit laundry. Mini-split cooling and heating. 1/dedicated parking spot (plus easy street parking). Minutes from the new Cumulus development and Whole Foods (projected to open in 2022), Miz Lala, Delicious Pizza, Mian Taste and many more restaurants and coffee shops. Small pets OK. 1-Year lease.

  • September, 2021

  • Sep 20, 2021

    Date

    Active

    CRMLS: 21785848

    $4,500

    Price

  • Listing provided courtesy of CRMLS

    Completely remodeled 3/bedroom 2.5/bathroom Spanish in the heart of trendy West Adams. Walkable to the best West Adams amenities such as Party Beer Co (1/2 block), Highly Likely & Home State Tacos. The home was recently transformed with all new systems, flooring, kitchen with granite countertops & modern bathrooms, each with designer tiles and high end finishes. The light filled home has a large living room with soaring ceilings, dedicated breakfast & dining rooms and a large open kitchen and en suite primary bedroom with dual vanity and large closets. The lease also comes with new appliances including dishwasher, refrigerator & washer dryer. Central heat & AC. 1/dedicated rear parking spot (plus easy street parking). Minutes from the new Cumulus development and Whole Foods (projected to open in 2022), Miz Lala, Delicious Pizza, Mian Taste and many more restaurants and coffee shops. Pets OK w/25 pound maximum.

  • December, 2020

  • Dec 8, 2020

    Date

    Expired

    CRMLS: 20629876

    $4,495

    Price

  • Oct 16, 2020

    Date

    Withdrawn

    CRMLS: 20629876

    $4,495

    Price

  • Sep 9, 2020

    Date

    Active

    CRMLS: 20629876

    $4,495

    Price

  • Listing provided courtesy of CRMLS

    Stunning fully renovated 3 bed + 2.5 bath in 1756sf Andalusian style front house. Huge arched windows, hardwood floors, faux fireplace, charming sconces and original details in the bright and oversized living room. Large open dining room looks onto the kitchen, with gorgeous countertops, stainless steel appliances, breakfast bar, pantry, floor to ceiling cabinetry plus a charming breakfast nook or office overlooking the front garden. Spacious primary bedroom with huge windows, lots of closet space plus en suite bath with double vanity & a skylight. Two additional bedrooms with Jack & Jill bath. Private front yard w/native plants, recessed lighting, new windows, arched doorways, one car parking in the rear, central heat and AC. Close to local favorites like Los Anaya, Harold & Belles, Vee's Cafe, Bee Taqueria, Mel's Fish Shack, Highly Likely, Normandie Cafe, Delicious Pizza, and Party Beer. Move in Oct 15 or Nov 1st.

  • July, 2019

  • Jul 8, 2019

    Date

    Sold

    CRMLS: IN19016763

    $790,000

    Price

  • Jun 28, 2019

    Date

    Pending

    CRMLS: IN19016763

    $809,900

    Price

  • Jun 15, 2019

    Date

    Price Change

    CRMLS: IN19016763

    $809,900

    Price

  • Apr 30, 2019

    Date

    Price Change

    CRMLS: IN19016763

    $849,900

    Price

  • Apr 30, 2019

    Date

    Price Change

    CRMLS: IN19016763

    $859,900

    Price

  • Apr 10, 2019

    Date

    Price Change

    CRMLS: IN19016763

    $899,900

    Price

  • Jan 23, 2019

    Date

    Active

    CRMLS: IN19016763

    $949,900

    Price

  • Listing provided courtesy of CRMLS

    New Price!!! motivated seller!! All cleaned out/Great fixer!!! Investor dream or your personal touch can bring this Spanish style home on a large R2 zoned lot to it's full potential. The home features 3 bedrooms, 1.5 bathrooms, family room, basement area with exterior only access, a two car garage and room to build a legal accessory unit, a pool or a Duplex. The home is located in the highly sought out area of West Adams with great access to the Metro Line, freeways, USC and Downtown Los Angeles. Sold As-is!!!! proposed floor plan/layout available. Full inspection upon accepted offer.

  • July, 2019

  • Jul 8, 2019

    Date

    Sold (Public Records)

    Public Records

    $790,000

    Price

Show More

Tax History for 3020 West Blvd

Assessed Value (2020): $790,000
Year Land Value Improved Value Assessed Value
2020 $632,000 $158,000 $790,000

Home Value Compared to the Market

This property vs the competition

3020 West Blvd is listed 80.14% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $683.06 per/sqft which puts the price per square foot 11.75% lower than the median price per square foot for the city of Los Angeles.

About 3020 West Blvd

Detailed summary of property

3020 West Blvd is a fourplex located in Los Angeles, CA 90016 and is currently for sale. This fourplex offers 4 bedrooms, 6 bathrooms, roughly 3,294 living square feet, and sits on an approximately 7,772 square foot lot. 3020 West Blvd was first listed on ArdentRealEstateGroup.com on April 30, 2024. The homeowner is currently asking $2,250,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 80.14% higher than the median priced home. Local competing homes currently for sale include 5134 W Washington Blvd, 4817 St Charles Pl and 1831 S Redondo Blvd. While the average home in Los Angeles, CA is selling in 94 days, 3020 West Blvd has a days on market of 2 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 3020 West Blvd Los Angeles, CA 90016 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3020 West Blvd

Public county record property details
Beds
3
Baths
1
Year built
1927
Sq. Ft.
2,176
Lot Size
7,771
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
438
APN
5050-026-042

The source for these homes facts are from public records.

90016 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,060,000
Median List Price/Sq.Ft.
$740
Median Sold Price
$885,000
Median Sold Price/Sq.Ft.
$699
Total Inventory
76
Median Sale to List Price %
98.44%
Avg Days on Market
30
Loan Type
Conventional (21.05%), FHA (0%), VA (0%), Cash (10.53%), Other (10.53%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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