
1325 E Adams Blvd Los Angeles, CA 90011
Central Alameda NeighborhoodEstimated payment $8,353/month
Highlights
- Gated Parking
- Bungalow
- Ceiling Fan
About This Home
6-unit value-add building with 12 parking spaces cash flowing at a 5% Cap Rate from day 1 with upside to a 9.7% Cap on Proforma! Preliminary plans to add 6 detached ADUs to achieve an incredible 11.7% Current Cap Rate, 14.8% Proforma Cap, and only 163k/unit after taking into account all the construction costs (~670k assuming $250/SF). 3 units have been renovated and boast updated cabinets, flooring, kitchen, bathrooms, exterior improvements, newer roof, new windows for all units, and more. Individually metered for gas, electricity, and tenants pay their own trash further minimizing the operating expenses. Prime location just minutes away from Downtown LA, USC, BMO Stadium, George Lucas' Billion Dollar Museum, and Exposition Park where 2028 Olympics will be held!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1924
Lot Details
- 6,315 Sq Ft Lot
- Lot Dimensions are 50x126
Home Design
- Bungalow
Interior Spaces
- 2,838 Sq Ft Home
- 2-Story Property
- Ceiling Fan
Bedrooms and Bathrooms
- 7 Bedrooms
- 6 Bathrooms
Parking
- 9 Parking Spaces
- Gated Parking
Utilities
- Heating System Mounted To A Wall or Window
Community Details
- 3 Buildings
- 6 Units
Listing and Financial Details
- Assessor Parcel Number 5118-009-019
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/31/2025 07/31/25 | For Sale | $1,290,000 | -- | $455 / Sq Ft |
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