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3440 West Blvd, West Adams

2026 Built 5-Unit | 6.74% Cap Rate
No Rent Control + Massive Roof Decks!

440 West Blvd, a 2026-built, non-rent-controlled 5-unit in West Adams. Offered at $3,495,000 with a 6.74% pro forma cap rate, this Opportunity Zone property features three 4-bedroom and two 3-bedroom residences across 7,700 SF. Highlights include large private rooftop decks, balconies, in-unit laundry, central HVAC, seven parking spaces, and separately metered electric and water. Currently vacant, with delivery available vacant or leased, near Culver City’s tech and media corridor.

The Important
Details

​List Price:

Property Type:

Status:

# Units:

Year Built:

Cap Rate:

GRM:

Gross Rent:

Bldg. SF:

Lot SF:

$/SF:

$/Unit:

Unit Mix:

Opportunity Zone:

Parking:

Rent Control:

$3,495,000

5-Unit

For Sale

5

2026

6.74%

12.00

$291,300/Year

7,700 sqft

6,614 sqft

$453.90

$699,000

2x 4b/4b +roofdeck, 1x 4b/3b, 2x 3b/3b

Yes

7 Parking Spaces

No

Other Features:

No Rent Control, Private Yards, Private Rooftop Decks

The Highlights

  • Non Rent Controlled!

  • Producing a pro forma cap rate of 6.74% cap!

  • $286,500 in pro forma annual gross income supported by strong Mid City rental demand

  • Located minutes from Culver City’s tech and media corridor including Amazon Studios, Apple, HBO, and Sony

  • Prime Mid City location attracting young professionals seeking central access to the Westside, Beverly Hills, and Downtown Los Angeles

  • All units separately metered for electric and water keeping operating expenses extremely low!

  • Modern new construction with minimal maintenance and long term durability

  • Private rooftop decks and premium layouts allowing the property to command top tier rents

  • Near major mixed use developments including Ivy Station, Culver Steps, Cumulus, and Platform driving continued neighborhood growth

  • Attractive basis at 700k per unit and $453 per square foot for new construction in a high growth rental market

The Neighborhood

<15-Minute Walk

Alta, Chulita, Open Face Food Shop, Tartine West Adams, Mecca Mid-City, Mian, Genesee Avenue Park, Delicious Pizza, The Gathering Spot LA, Martin Avenue Elementary School, Cliffs of Id, Bee Taqueria

<15-Minute Drive

The Culver Steps, Ivy Station, Amazon Studios, Sony Pictures, Cognoscenti Coffee, Pasta Sisters, Father's Office, Kaiser Permanente, The Grove, The Farmer's Market, Mandrake, Target, Midtown Shopping Center

<$15 Uber Ride

Downtown Culver City, Beverly Center, Cedars Sinai, Trader Joes, Equinox, LACMA, The Culver Hotel, El Rey Theatre, The Mint, Public School, Rodeo Drive, Wilshire Country Club, Larchmont Village

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Contact

Lauren Cearley

213.302.8662

Cheyenne Womack

805.973.7470

Property Presented By:

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