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6-Bedroom ResidentialIncome — 634 E Adams Boulevard, Los Angeles, CA

$865,000

634 E Adams Boulevard, Los Angeles, CA

$865,000 — 634 E Adams Boulevard, Los Angeles, CA — photo 1 $865,000 — 634 E Adams Boulevard, Los Angeles, CA — photo 2 $865,000 — 634 E Adams Boulevard, Los Angeles, CA — photo 3 $865,000 — 634 E Adams Boulevard, Los Angeles, CA — photo 4 $865,000 — 634 E Adams Boulevard, Los Angeles, CA — photo 5
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About this property

BUNGALOWS on Adams! We are pleased to present a 6-unit bungalow community located at 634 E Adams consisting of 4 separate two-story bungalow structures and a rear two-story duplex for a total of 5 separate structures. The property currently operates at an 9.56 GRM and 6.54% CAP Rate on current rents with rental upside potential to a 5.25 GRM and 14.54% CAP Rate on pro-forma rents. The units consist of four (4) one bedroom one-bathroom standalone bungalows and (2) one bedroom one-bathroom units in the rear duplex totaling 4,188 rentable square feet located on an 8,575 square foot LARD1.5 lot. Nearby amenities include Trader Joe's, Superior Grocers, USC, The Coliseum, LAFC, Crypto.com Arena, The Convention Center, and various employment opportunities within the direct vicinity of the property. Contact the listing broker for additional information.

Property details

Bedrooms
6
Bathrooms
6
Square feet
4,188
Year built
1912
Property type
ResidentialIncome

Location

634 E Adams Boulevard • Los Angeles, CA 90011

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Listed by

Casey Lins · Kidder Mathews of California, Inc.

Listing courtesy of Kidder Mathews of California, Inc.. Information deemed reliable but not guaranteed.

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