The LAAA Team of Marcus & Millichap is pleased to present 5614 W Adams Boulevard, a renovated seven-unit multifamily investment in one of Los Angeles’ fastest-growingneighborhoods. Built in 1961 and subject to the City of Los Angeles RSO, the Property features a desirable all-two-bedroom mix — seven 2BR / 1BA units averaging approximately715 square feet.
Ownership has made substantial capital improvements since 2022, including a new roof (2022), backflow water-preventer (2023), major central plumbing upgrades (late 2023), andlandscaping, exterior painting and re-stuccoing (2024). Two units were fully remodeled in 2024 with permits — new double-pane windows, flooring, kitchen cabinetry andappliances, in-unit washer/dryer, and mini-split HVAC. A completed soft-story seismic retrofit carries a 2019 Certificate of Compliance.
Two units are currently vacant — one taken to the studs and passed rough mechanical, electrical and plumbing (MEP) inspection, pre-fit for a washer/dryer, dishwasher, range,hood, refrigerator and mini-split — letting a buyer close up the walls and finish to their own spec. In-place rents average approximately $2,153, meaningfully below the ±$2,500achieved on renovated units, for clear mark-to-market upside. Zoned C2-1VL-CPIO in a Tier 2 TOC and High Quality Transit Corridor, the lot may support one or more detachedADUs — additional income and density upside without complex entitlements.