Est. cap rate

4.7%

Assumed rent, all units

$9,240/mo

Units

4

Price per unit

$297,500

Est. annual NOI

$55,440

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Quadruplex

Bedrooms

4

Building size

2,160 sqft

Lot size

7,035 sqft

Year built

1948

Stories

2

Garage spaces

4

Heating

Wall Furnace

Cooling

None

Pool

None

View

City Lights

Status

Active

Days on market

1

MLS #

247350648

About this property

Location ! Location ! Exceptional four-unit investment opportunity located in the heart of Mid-City Los Angeles, one of the most centrally positioned and consistently in-demand rental corridors in the city. 1288 West Blvd offers a rare combination of stable in-place income, strong tenant demand, and meaningful long-term appreciation potential. The property consists of 4 units , 1 bed 1 bath residential units on a 7033 Sqt lot with attached 4 parking , on-site extra parking, providing a each unit 2 parking space . Its central location places it within minutes of Los Angeles’ key economic and cultural hubs, including Downtown LA, Koreatown, Miracle Mile, Culver City, Beverly Hills, and Century City. Access to major employment centers as well as iconic destinations such as LACMA, the Academy Museum of Motion Pictures, The Grove, Hancock Park, and surrounding retail and dining districts. This central positioning continues to drive consistent rental demand from a broad tenant base seeking convenience and accessibility. Mid-City remains a highly supply-constrained submarket with enduring investor interest, supported by its strategic location and long-standing rental stability. The area continues to attract both renters and investors due to its proximity to major job clusters and its established residential character. This asset is ideally suited for long-term investors seeking stable income with future upside potential through natural rent growth and market appreciation. 1288 West Blvd represents a compelling opportunity to acquire a centrally located four-unit property in one of Los Angeles’ most resilient and strategically positioned rental markets .A spacious attached 4-car garage (approximately 800 SF) offers excellent value-add potential and may provide an opportunity for future ADU conversion or additional living space, subject to buyer verification and City of Los Angeles approval.

Location

1288 West

Los Angeles, Los Angeles, CA, 90019