233 W Century Blvd, Los Angeles, CA 90003 - View 1
233 W Century Blvd, Los Angeles, CA 90003 - View 2
233 W Century Blvd, Los Angeles, CA 90003 - View 3
233 W Century Blvd, Los Angeles, CA 90003 - View 4
233 W Century Blvd, Los Angeles, CA 90003 - View 5
233 W Century Blvd, Los Angeles, CA 90003 - View 6
233 W Century Blvd, Los Angeles, CA 90003 - View 7
233 W Century Blvd, Los Angeles, CA 90003 - View 8
233 W Century Blvd, Los Angeles, CA 90003 - View 9
233 W Century Blvd, Los Angeles, CA 90003 - View 10
233 W Century Blvd, Los Angeles, CA 90003 - View 11
233 W Century Blvd, Los Angeles, CA 90003 - View 12
233 W Century Blvd, Los Angeles, CA 90003 - View 13
233 W Century Blvd, Los Angeles, CA 90003 - View 14

233 W Century Blvd, Los Angeles, CA 90003

List Price: $975,000On Market FlagOn market
Feb 14, 20253,224 sqft8 beds4 baths
Listed by: Vivian Chaing
License #: 01983759
Phone #: 310-463-5181
Property Concierge
Source:
CRMLS Logo
MLS #: 25498713

Property Description

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.
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$14,844

TurboHome Estimated Value

$982,300

$305 sqft

High Valuation
$1,031,415
$320/sqft
Normal Valuation
$982,300
$305/sqft
Low Valuation
$933,185
$289/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$305/sqft$982,300

Neighborhood: Southeast Los Angeles

Loading map...

Comparative Value

$685K

$840K

$975K

$988K

635 W 82nd St, Los Angeles, CA 90044

Sale Price: $685,000

Selected Comparable

11500 Berendo Ave, Los Angeles, CA 90044

Sale Price: $840,000

Selected Comparable

8919 S Hoover St, Los Angeles, CA 90044

Sale Price: $840,000

Selected Comparable

233 W Century Blvd, Los Angeles, CA 90003

List Price: $975,000

Subject Property

229 E 85th St, Los Angeles, CA 90003

Sale Price: $985,000

Selected Comparable

743 E 84th St, Los Angeles, CA 90001

Sale Price: $988,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
233 W Century Blvd, Los Angeles, CA 90003

233 W Century Blvd, Los Angeles, CA 90003

List: $975,000

Listed: 2/14/2025

Area:3,224 sqft
Price/sqft:$302
Beds:8
Baths:4
Year Built:
Lot Size:4,419

Comparable Properties

COMPARABLE
Choose comps
11500 Berendo Ave, Los Angeles, CA 90044

11500 Berendo Ave, Los Angeles, CA 90044

Sale: $840,000

7/3/20251.47 mi

Area:3,692 sqft
Price/sqft:$228
Beds:8
Baths:4
Year Built:
Weight:24.6%
8919 S Hoover St, Los Angeles, CA 90044

8919 S Hoover St, Los Angeles, CA 90044

Sale: $840,000

1/3/20250.90 mi

Area:2,484 sqft
Price/sqft:$338
Beds:8
Baths:4
Year Built:
Weight:21.4%
635 W 82nd St, Los Angeles, CA 90044

635 W 82nd St, Los Angeles, CA 90044

Sale: $685,000

2/28/20251.37 mi

Area:3,116 sqft
Price/sqft:$220
Beds:9
Baths:4
Year Built:
Weight:20.1%
743 E 84th St, Los Angeles, CA 90001

743 E 84th St, Los Angeles, CA 90001

Sale: $988,000

4/18/20251.50 mi

Area:3,360 sqft
Price/sqft:$294
Beds:9
Baths:5
Year Built:
Weight:17.2%
229 E 85th St, Los Angeles, CA 90003

229 E 85th St, Los Angeles, CA 90003

Sale: $985,000

5/17/20251.13 mi

Area:2,847 sqft
Price/sqft:$346
Beds:9
Baths:3
Year Built:
Weight:16.7%

How it Works

1

Meet your local TurboHome agent

We match you with an in-house licensed real estate agent who knows your market
2

We support your home-buying journey

Everything you'd expect your agent to do: touring, analysis, coaching, offers, negotiations, and closing
3

You get big savings

You split the commission with your agent 50/50, saving you thousands compared to a traditional agent
Two iPhones. One with a TurboHome screen that contains a profile photo and 'Meet Kevin' heading. The other with a TurboHome IQ screen with an example Disclosure Summary.
The Mercury News
CBS News
Business Insider
Orange County Register
Silicon Valley
East Bay Times