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2424 S West View St 4 Unit Apartment Building Offered at $3,879,613 CAD at a 5.88% Cap Rate Los Angeles, CA 90016



Investment Highlights
- ALREADY 50% LEASED! Making you money on day 1!
- Located in ultra trendy and highly sought after West Adams- A major draw for A+ tenants! Outstanding cap rate of 5.88%!
- Boasts high-end, modern finishes and convenient in-unit laundry.
- NO RENT CONTROL!
- One of the best priced luxury new construction fourplexes in the Mid-City/West Adams area.
- Ideal unit mix of two 4 bedrooms and two 3 bedroom! High income producing property!
Executive Summary
The 2-4 Unit Specialists are excited to present 2424 West View, a brand-new 2026-built, non-rent controlled, fourplex in the heart of West Adams, one of Los Angeles’ most vibrant and sought-after neighborhoods. Nestled on a charming tree-lined street steps from Michelin guide noted restaurants such as Highly Likely Café, Alta Adams, Mizlala, and Cento Pasta Bar! With prime location, tenant friendly layouts and the best curb appeal in mid-city, this stunning property is projected to generate over $213k in annual rent, offering a strong projected cap rate of 5.88% and exceptional return on investment. Both 4 bedrooms are already leased at strong market rents and we expect full occupancy soon!
The fourplex (triplex + ADU "in name only") consists of two spacious 4-bedroom townhomes and two 3-bedroom units, all thoughtfully designed to maximize space and functionality. Modern, open-concept layouts feature high-end
finishes, stainless-steel appliances, abundant natural light, and large
windows that enhance the living experience. Additional highlights include expansive living areas, large front and rear-facing balconies, and sleek contemporary designs tailored to meet the demands of today’s renters.
All units have been launched on the rental market and are projected to achieve between $4,195-$4,695. Each unit is separately metered for utilities, ensuring minimal operating costs, and the property is backed by a 1-year builder’s warranty for peace of mind.
Positioned in the thriving West Adams neighborhood, the property guarantees high tenant demand and strong long-term appreciation. With its low-maintenance design, upscale units, and unbeatable location, 2424 West View is an exceptional opportunity for investors looking to secure a premium property in a fast-growing market.
This is your chance to own a turnkey investment in one of LA’s hottest neighborhoods—don’t miss out!
The fourplex (triplex + ADU "in name only") consists of two spacious 4-bedroom townhomes and two 3-bedroom units, all thoughtfully designed to maximize space and functionality. Modern, open-concept layouts feature high-end
finishes, stainless-steel appliances, abundant natural light, and large
windows that enhance the living experience. Additional highlights include expansive living areas, large front and rear-facing balconies, and sleek contemporary designs tailored to meet the demands of today’s renters.
All units have been launched on the rental market and are projected to achieve between $4,195-$4,695. Each unit is separately metered for utilities, ensuring minimal operating costs, and the property is backed by a 1-year builder’s warranty for peace of mind.
Positioned in the thriving West Adams neighborhood, the property guarantees high tenant demand and strong long-term appreciation. With its low-maintenance design, upscale units, and unbeatable location, 2424 West View is an exceptional opportunity for investors looking to secure a premium property in a fast-growing market.
This is your chance to own a turnkey investment in one of LA’s hottest neighborhoods—don’t miss out!
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $3,879,613 CAD | Lot Size | 0.11 AC |
| Price Per Unit | $969,903 CAD | Building Size | 5,947 SF |
| Sale Type | Investment | Average Occupancy | 50% |
| Cap Rate | 5.88% | No. Stories | 3 |
| Gross Rent Multiplier | 13.33 | Year Built | 2026 |
| No. Units | 4 | Parking Ratio | 1.35/1,000 SF |
| Property Type | Multifamily | ||
| Zoning | LARD1.5 | ||
| Price | $3,879,613 CAD |
| Price Per Unit | $969,903 CAD |
| Sale Type | Investment |
| Cap Rate | 5.88% |
| Gross Rent Multiplier | 13.33 |
| No. Units | 4 |
| Property Type | Multifamily |
| Lot Size | 0.11 AC |
| Building Size | 5,947 SF |
| Average Occupancy | 50% |
| No. Stories | 3 |
| Year Built | 2026 |
| Parking Ratio | 1.35/1,000 SF |
| Zoning | LARD1.5 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Heating
- Kitchen
- Ice Maker
- Refrigerator
- Stainless Steel Appliances
- Range
- Tub/Shower
- Views
- Deck
- Double Pane Windows
- Freezer
- Vinyl Flooring
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+4.5 | 1 | $6,402 CAD | 1,521 |
| 4+4 | 1 | $6,402 CAD | 1,749 |
| 3+3.5 | 1 | $5,721 CAD | 1,384 |
| 3+3 | 1 | $5,721 CAD | 1,293 |
1 1
Moderately walkable
60/100
Very drivable
80/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5049-001-049 | Total Assessment | $806,833 CAD (2025) |
| Land Assessment | $566,336 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $240,496 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
5049-001-049
Land Assessment
$566,336 CAD (2025)
Improvements Assessment
$240,496 CAD (2025)
Total Assessment
$806,833 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
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2424 S West View St
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