Get the App

1329 E ADAMS Boulevard, Los Angeles, CA 90011

Property · 2 recorded sales since 2016

1329 E ADAMS Boulevard, Los Angeles, CA 90011 Sold June 2022 CRMLS
$1,285,000Sold June 2022

Listing Agent: Chase Simonton (DRE #01766871) · Listing Office: RE/MAX One · Contact: 818-366-3300 · Bought with: Chase Simonton · RE/MAX One · MLS #22133959 · Source: CRMLS

0
Bathrooms
6,750 sqft
Lot Size
1940
Year Built
Property
Type
2
Stories
WallWindowUnits
Cooling

About this property

LOW cost of entry into multifamily. Cash flowing property for first time investor or local apartment owner looking to add to their portfolio. 1329 E Adams blvd is a 7-unit Multi-family asset located in South Los Angeles. The property boasts a desirable unit mix of one(1)three-bedroom, and six(6) one-bedroom units. 1329 E Adams Blvd consists of two separate building structures totaling 4,784 square feet sitting on a 6,750 square foot lot. There is ample parking with 7 on site parking spots. This asset commands strong cash flow but still has 49% upside in the currents rents. This area just south of Downtown L.A. has been seeing an influx of development as investors push south from Downtown and north from USC. Please do not disturb the tenants. All showings will be subject to an accepted offer.

Listing description from the June 2022 sale, as reported to CRMLS.

Sale history

$1,285,000
Sold June 2022 · listed $1,395,000, orig. $1,465,000, on market March 2022 · MLS #22133959 · Source: CRMLS
Listing Agent: Chase Simonton · Listing Office: RE/MAX One · Contact: 818-366-3300 · Bought with: Chase Simonton · RE/MAX One
$610,000
Sold May 2016 · listed $625,000, on market March 2016 · MLS #SR16061133 · Source: CRMLS
Listing Agent: Jenny Orellana · Listing Office: Park Regency Realty · Contact: 818-363-6116 · Bought with: Jenny Orellana · Park Regency Realty
See homes for sale in Los Angeles Open the Nalren App

Explore Los Angeles