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$1,999,000
Est. payment /mo
6,743 Sqft Lot
UPDATED:
12/07/2024 01:00 AM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID FR24244366
HOA Y/N No
Year Built 1941
Lot Size 6,743 Sqft
Property Description
INCOME-GENERATING 4-PLEX
Property Address: 1335 E Adams Blvd, Los Angeles, CA 90011
Property Overview: This unique 4-plex offers two buildings with four income-producing units, located in a highly desirable area near USC, Crypto Arena, the LA Convention Center, and downtown Los Angeles.
Front Building:
Unit 1: 4 Bedrooms, 1 Bath – Currently rented for $1,700/month
Unit 2: 4 Bedrooms, 2 Baths – Currently rented for $1,720/month ?? Rent Opportunity: Current rents are significantly below market rates, providing ample room for growth.
Back Building (Remodeled in 2022):
Unit 1: 3 Bedrooms, 1 Bath – Rented at $2,500/month
Unit 2: 3 Bedrooms, 1 Bath – Rented at $2,500/month
Seller/creative financing available
Property Address: 1335 E Adams Blvd, Los Angeles, CA 90011
Property Overview: This unique 4-plex offers two buildings with four income-producing units, located in a highly desirable area near USC, Crypto Arena, the LA Convention Center, and downtown Los Angeles.
Front Building:
Unit 1: 4 Bedrooms, 1 Bath – Currently rented for $1,700/month
Unit 2: 4 Bedrooms, 2 Baths – Currently rented for $1,720/month ?? Rent Opportunity: Current rents are significantly below market rates, providing ample room for growth.
Back Building (Remodeled in 2022):
Unit 1: 3 Bedrooms, 1 Bath – Rented at $2,500/month
Unit 2: 3 Bedrooms, 1 Bath – Rented at $2,500/month
Seller/creative financing available
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Zoning LARD1.5
Interior
Heating Forced Air
Fireplace No
Appliance Dryer
Exterior
Garage Spaces 8.0
Garage Description 8.0
Pool None
Community Features Biking, Sidewalks, Park
View Y/N Yes
View Neighborhood
Total Parking Spaces 8
Private Pool No
Building
Lot Description Near Park
Story 2
Entry Level Multi/Split
Sewer Other
Water Public
Level or Stories Multi/Split
New Construction No
Others
Senior Community Yes
Tax ID 5118009021
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
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Listed by Brian Dombroski • Dombroski Realty • 559-477-4332