2337 VINEYARD AVE, LOS ANGELES, CA 90016

Property Description

2337 S Vineyard Avenue presents a well-positioned six-unit investment opportunity in the heart of West Adams, one of Los Angeles’ most vibrant and sought-after rental submarkets. Priced at $1,495,000, the property offers strong in-place income within a neighborhood known for its character, charm, and continued growth. The building consists of six units(4) 2-bed/1-bath units, (1) 1-bed/1-bath unit, and (1) studio, providing a desirable unit mix that caters to a wide tenant pool. With a 6.45%cap rate and 10.20 GRM, the asset delivers solid day-one returns while still offering room to enhance value through strategic unit upgrades and rent optimization. Located in prime West Adams, the property is surrounded by trendy cafes, popular restaurants, and boutique retail, with convenient access to Culver City, Downtown Los Angeles, and major transit corridors. The area’s strong rental demand and ongoing revitalization continue to support long-term appreciation.