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233 W Century Boulevard

Los Angeles, CA 90003

– beds
– baths
– sqft
4,419 sqft lot
1961 build
– on site

Amazing opportunity to acquire a well maintained four-unit building in South Los Angeles with significant upside in rents and additional value-add potential to add ADU's (buyer to verify). All four units are bread-and-butter two-bed, one-bath units. With long-term below-market rents and nearly 50% in upside to market potential (accessible in event of vacancy), this property presents a tremendous opportunity to reposition the building into better cash-flow and equity almost right away. With proximity to draws such as SoFi Stadium, and central to economic hubs in Downtown Los Angeles, Silicon Beach, and the South Bay, with all of Southern California accessible via nearby 110, 405, and 105 freeways, this Property presents an in-demand location that will command increasing rents for the foreseeable future. Additionally, this two-story building leaves much of the 4,419sf lot to parking, which can potentially be repurposed pursuant to SB1211 to maximize the income potential for a greater return on investment.

Listed By CRMLS_CA / Vivian Chaing / Property Concierge

Last checked: Checking… • Last updated Feb 22, 2025 •

MLS# 25498713 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1961
New Construction:

No
Building Area Total:

3224.00
Total Number Of Units:

4
# of Buildings:

1
Faces:

South

Interior

Levels:

Two

Financial & Terms

Disclosures:

Rent Control

Location

Directions:

East of Broadway (110); West of Main St.
Latitude:

33.94584200
Longitude:

-118.27733800

The Property

Property Type:

Residential Income
Zoning:

LAR2
Lot Size Area:

4419.0000
Lot Size Acres:

0.1014
Lot Size SqFt:

4419.00

Listing Agent

Contact info:

The Listing

Special Listing Conditions:

Standard
Parcel Number:

6053019008

Heating & Cooling

Heating:

1
Heating:

Wall Furnace
Cooling:

No
Cooling:

None

Appliances

Included:

Yes

The Community

Association:

No
Senior Community:

No
Assessments:

No

Parking

Parking:

Yes
Parking:

Side by Side, Uncovered, Assigned

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
2/14/25 Feb 14, 2025	Listed / Active	CRMLS_CA	$975,000	14.7% (5.1% / YR)
3/25/22 Mar 25, 2022		CRMLS_CA	$850,000	-5.6%
2/25/22 Feb 25, 2022		CRMLS_CA	$900,000

Multifamily For Sale

$975,000

Listing provided by broker:

Vivian Chaing

Property Concierge

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This multifamily located in South LA, Los Angeles, CA 90003 is currently for sale for $975,000. 233 W Century Boulevard is a – square foot multifamily with – beds and – baths that has been on Estately for 8 days. 233 W Century Boulevard is in the South LA neighborhood of Los Angeles and has a WalkScore® of 65, making it somewhat walkable. This multifamily is in the attendance area of Charles W Barrett Elementary School, Bret Harte Preparatory Middle School, and Alain Leroy Locke College Preparatory Academy.

Listing Courtesy of: CRMLS_CA and Property Concierge. Based on information from California Regional Multiple Listing Service, Inc. as of 06:11 on Feb 22.

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.