16
See all 16 photos
$2,100,000
Est. payment /mo
14 Beds
6,743 Sqft Lot
Active
1335-1337 E Adams Los Angeles, CA 90011
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26159013
Bedrooms 14
Lot Size 6,743 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
High-Yield 14-Bedroom Co-Living Portfolio Near USC & DTLA. This 14-bedroom multi-family portfolio offers an exceptional footprint for investors targeting high-density housing and co-living strategies in Los Angeles. Comprising four large-scale units distributed across two detached buildings, the property provides an efficient bedroom-to-unit ratio situated minutes from the University of Southern California (USC), Downtown LA, and major transit corridors. Unlike standard modern speculative builds, the asset provides a durable foundation tailored for high-occupancy rental use: Front Building (Historic Integrity): Verified as built in 1904 by master builder Frederick Rufus Black as his personal residence. This structure contains two massive 4-Bedroom units (one 4-bed/1-bath and one 4-bed/2-bath), featuring the expansive spatial layouts and structural character typical of the era. Back Building (Modern Turnkey): Comprises two 3-Bedroom, 1-Bathroom units, which were completely remodeled from the studs up in 2022. The property delivers immediate, stable cash flow with highly predictable operational overhead: Front Units (Two 4-Bed Layouts): Currently generating a combined $4,000/month. (much lower than the market rate). Back Units (Two 3-Bed Layouts): Rented at $2,600/month each ($5,200/month combined). Total Current Gross Income: $9,200/month ($110,400/annually). Operational expenses are minimized through separate utility metering, with 4 separate electric meters and 4 separate gas meters allowing tenants to handle their own usage overhead directly. The expansive parcel als
Location
State CA
County Los Angeles
Zoning Seller
Direction Please submit all offers to [email protected]. Call or text: 323-788-6128. Information provided is deemed reliable b
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5118009021
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Van Hamilton, DRE#02160347 Jennings Realty
NEARBY SCHOOL & BUSINESS
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