2267 W Adams Boulevard, Los Angeles, CA 90018

About this property

Vintage, 'old-school LA' charm inside-and-out - attractive appointments that are rarely found anymore. Well-located near Mid-City, Mid-Wilshire and K-Town. Large front lawn on this massive 13,489 sq. ft. lot. 30+ years of single ownership - his "Baby". But, he has self-managed and not consistently raised rents. Massive meat-on-the-bone for a new Buyer - 50% rent upside! And then there's the development upside, as well. An opportunistic opportunity. 8% cap UPSIDE! Part of a 2-building portfolio sale with 12 units at 3335 W. Stocker St.

Listing description from the September 2023 sale, as reported to CRMLS.

Sale history

$2,400,000

Sold September 2023 · listed $2,499,000, on market July 2023 · MLS #23295275 · Source: CRMLS

Listing Agent: Brice Head · Listing Office: CBRE, Inc. · Contact: 310-363-4900 · Bought with: Brice Head · CBRE, Inc.

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