634 Adams Blvd - Apartments FOR SALE


Los Angeles, CA 90011- Southeast Los Angeles
$933,000 USD
310-729-1559
634 Adams Blvd, Los Angeles, CA for Sale
$933,000 USD
Apartments - FOR SALE
1/16
null | 5.55% Cap Rate

634 Adams Blvd
Los Angeles, CA 90011
Southeast Los Angeles


HIGHLIGHTS

  • Desirable unit mix, consisting of (6) 1 Bed/ 1 Bath units, all measuring at approximately 700 SF
  • (1) 1 Bed/ 1 Bath Unit to be delivered vacant, with 82% in potential rental upside
  • Bungalow style units, sitting on a lot measuring at over 8,000 SF
  • Conveniently located in South LA, in proximity to major metropolitan amenities as well as trendy restaurants and coffee shops

OVERVIEW

82% Rental Upside — Prime Value-Add Opportunity! 634 E Adams Blvd presents an exceptional value-add opportunity in a rapidly growing pocket of Los Angeles. This well-maintained 6-unit bungalow-style property consists of oversized one-bedroom units offering 82% rental upside. Currently priced at a 10.74 GRM, the building stabilizes at an impressive 5.90 GRM and 12.57% cap rate, making it ideal for any savvy investor looking to unlock significant income potential. Built in 1912, the property features 4,188 SF of living area on a generous 8,572 SF lot. With units averaging nearly 700 SF, 634 E Adams offers rare scale and character for a one-bedroom asset. This property is an excellent fit for exchange buyers or value-add investors seeking a high-upside opportunity in a dynamic submarket. Strategically located just minutes from USC, Downtown LA, Gilbert Lindsay Park, Exposition Park, the Lucas Museum, the Arts District, The Reef, BMO Stadium, and LA Live, the property sits amid billions of dollars in nearby development driving long-term appreciation and rental demand.

FOR SALE DETAILS

PRICE

$933,000 USD

PRICE/SF

$145 USD /SF

# OF UNITS

6

PRICE/UNIT

$155,500

CAP RATE

5.55%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1912

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,251 SF

ZONING

LARD1.5

APN/PARCEL ID

5128-011-004

ASK ABOUT THIS PROPERTY

Aaron JacobsonLyon Stahl Investment Real EstateMore Info
310-729-1559

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Aaron JacobsonLyon Stahl Investment Real EstateMore Info
310-729-1559

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