Listing provided courtesy of Brian Noh of Nohco Real Estate. Last updated 2022-07-08 08:11:27.000000. Listing information © 2021 CLAW.
Asking Price: $1,449,000
434 Adams, Los Angeles CA 90011
Community: C42 - Downtown L.A.
This Apartment property was built in 1902 and is priced at $1,449,000. Please see the additional details below.
- 0 Sq Ft
- 0 bathrooms
- 0 bedrooms
- MLS#: OC22145361
- Type: Apartment
- Year Built: 1902
This charming 5 unit apartment offers a tremendous opportunity for a local and experienced investor to capitalize on the growing rents and the Student Housing demand in the area. The entire property is comprised of two buildings totaling 5,608sf and built in the early 1900’s. It sits on almost 7,858sf of land in a designated Opportunity Zone. All of the tenants are month to month at below market rents, and one of the vacant units is already remodeled and ready for immediate occupancy. The rear building is a large 4 bedroom single family home while the front building is a large 4 unit with good sized unit mix and layouts that can be easily converted into separate rooms for student housing rentals. Good Location south of the 10 fwy, east of the 110 fwy, and less than 2 miles to USC, Exposition Park, Downtown LA, the fashion district, LA Live., Restaurants & Shops.