1257 W Adams Blvd - Apartments FOR SALE


Los Angeles, CA 90007- West Adams
$2,975,000 USD
818-321-6490
1257 W Adams Blvd, Los Angeles, CA for Sale
$2,975,000 USD
Apartments - FOR SALE
1/9
null | 7% Cap Rate

1257 W Adams Blvd
Los Angeles, CA 90007
West Adams


HIGHLIGHTS

  • Part of the Prime Student Housing Portfolio at USC! May be purchased all together or separately!
  • Located within the USC DPS Patrol Zone and Campus Ride Share Program!
  • New ADU added in 2023!
  • Located nearby USC Campus and USC Village!
  • Includes 5 on-site parking spaces!

OVERVIEW

*This property is part of the Prime Student Housing Portfolio at USC. May be purchased separately or all together.* Turnkey 5-unit student housing investment located within USC's 24-hour patrol zone and Campus ride-share coverage area, just a short walk to campus and USC Village. The property offers 16 bedrooms across 6,230 sq. ft. with a strong 7.0% CAP rate and 10.4 GRM. Fully renovated front duplex includes a 4 Bed/4 Bath and 3 Bed/3 Bath, while the rear duplex (built in 2016) features two 4 Bed/3 Bath townhome-style units. A garage-converted studio ADU (built in 2022) adds additional income potential. Upgraded systems, modern landscaping, on-site parking, and high student demand make this a low-maintenance, high-performing asset. Bonus: driveway offers potential for additional ADU development.

FOR SALE DETAILS

PRICE

$2,975,000 USD

PRICE/SF

$478 USD /SF

# OF UNITS

5

PRICE/UNIT

$595,000

CAP RATE

7%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1904

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,461 SF

ZONING

LARD1.5

APN/PARCEL ID

5055-015-030

ASK ABOUT THIS PROPERTY

Michael FukushimaTotal Realty GroupMore Info
818-321-6490

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Michael FukushimaTotal Realty GroupMore Info
818-321-6490

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.