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4427 Exposition Boulevard, Los Angeles, California 90016, Los Angeles, 90016 - bed, bath

4427 Exposition Boulevard, Los Angeles, California 90016 home-pic-0
ACTIVE$1,348,000
4427 Exposition Boulevard, Los Angeles, California 90016
0Bed
0Bath
2,498Sqft
6,072Lot
Year Built
1946
Close
-
List price
$1.35M
Original List price
$1.35M
Price/Sqft
$540
HOA
-
Days on market
-
Sold On
-
MLS number
SR25116913
Home ConditionFair
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.35M(50th), sqft - 2498(50th), beds - undefined(50th), baths - undefined(50th).

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!

Nearby schools

5/10
Virginia Road Elementary School
Public,•K-5•0.4mi
5/10
Cienega Elementary School
Public,•K-5•0.7mi
6/10
Baldwin Hills Elementary School
Public,•K-5•1.2mi
3/10
Sixth Avenue Elementary School
Public,•K-5•1.2mi
6/10
Marvin Elementary School
Public,•K-5•1.3mi
4/10
Alta Loma Elementary School
Public,•K-5•1.3mi
3/10
Arlington Heights Elementary School
Public,•K-5•1.6mi
2/10
Audubon Middle School
Public,•6-8•1.3mi
3/10
Johnnie Cochran, Jr., Middle School
Public,•6-8•1.6mi
3/10
Daniel Webster Middle School
Public,•6-8•5.2mi
2/10
Susan Miller Dorsey Senior High School
Public,•9-12•0.1mi
6/10
Alexander Hamilton Senior High School
Public,•9-12•2.6mi

Price History

Date
Event
Price
05/26/25
Listing
$1,348,000
07/15/21
Sold
$956,500
Condition Rating
Fair
The property was built in 1946. While the listing explicitly states that 'one unit is fully remodeled with new flooring, an updated kitchen and bath, and modern fixtures' (as depicted in the images with new white shaker cabinets, white countertops, stainless steel appliances, and modern flooring/lighting), the property is a triplex. The description for the other units mentions 'available for immediate occupancy or leasing at market rent' and 'generating steady income,' with one offering 'value-add opportunity.' This indicates that the other two units are likely older, functional, but not updated to the same modern standard as the remodeled unit. Therefore, the overall property condition, considering the age of the building and the mixed state of its units, falls into the 'Fair' category, suggesting some units require updates to match the remodeled one.
Pros & Cons

Pros

Prime Location & Neighborhood Growth: Situated in West Adams, a fast-growing and highly sought-after Los Angeles neighborhood, offering strong market demand and lifestyle appeal.
Multi-Unit Income Property (Triplex): Features three spacious 2-bedroom, 1-bathroom units, providing diversified income streams ideal for investors or owner-occupants.
Significant Value-Add Potential: One unit is fully remodeled for premium rent, another is ready for immediate occupancy/leasing, and a third offers future rent increase potential, indicating clear opportunities for enhanced returns.
Exceptional Walkability & Transit Access: Boasts a Walk Score in the 80s, with easy access to trendy cafes, restaurants, retail hotspots, public transportation (Metro Expo Line), and major freeways.
Strong Cash Flow & Appreciation Outlook: Positioned for robust current cash flow and substantial long-term appreciation due to its prime location and income-generating capacity.

Cons

Age of Property & Potential for Deferred Maintenance: Built in 1946, the property may require updates to systems and infrastructure in the unremodeled units, potentially incurring significant capital expenditure.
Inconsistent Unit Condition: Only one unit is fully remodeled, suggesting the other two units may not be optimized for maximum rental income or tenant appeal without further investment.
Limited Specifics on Unremodeled Unit Condition: The description lacks detailed information on the current state or necessary upgrades for the two non-remodeled units, making it difficult to fully assess immediate renovation costs.

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