34.03249 -118.28804

1256 W Adams Blvd LOS ANGELES, CA 90007

296594588 34.03249 -118.28804 213 /listing/296594588-150246182/1256-w-adams-blvd-los-angeles-ca-90007 False 0 4125000.0 5103 105 15 11 21-747364 False
  • $4,125,000
  • 15 bd
  • 11 ba
  • 5,103 sqft
  • 54x135 lot
  • Est payment $22143.89/mo

Property & Neighborhood Info

Courtesy Of Keller Williams Beverly Hills

Multi-Family in Los Angeles

We are pleased to offer the opportunity to acquire this turnkey Student Housing Portfolio consisting of three (3) fully updated and remodeled houses. Each house has its own APN, and is 100% occupied with USC students, 1-year lease agreements, and also parent guaranteed. The investment is well positioned, located in the DPS Patrol Zone, and walking distance to the USC campus & Village. Expenses are extremely light as the tenants pay for all water, trash, gas, and electricity. 1256 W. Adams is comprised of an updated and fully remodeled 9-bedroom + 5-bathroom House. This three-story beauty offers classic wood floors, a huge living room and dining area, perfect for communal living and gatherings. The house features quartz counter tops, stainless steel appliances, large flat screen TVs, washer & dryer, an outdoor common area with a barbecue grill and 6-8 person hot tub. This house is currently rented for $14,500/month. 1258 W. Adams was newly constructed in 2020 (non-rent control) and consists of a spacious 3-bedroom + 3-bathroom house. This house is currently rented for $5,500/month. 1260 W. Adams was newly constructed in 2020 (non-rent control) and consists of a spacious 3-bedroom + 3-bathroom house. This house is currently rented for $5,500/month. Amenities include washer & dryer, stainless steel kitchen appliances, air conditioning, tiled showers.

Courtesy Of Keller Williams Beverly Hills
  1. 15 Beds
  2. 11 Baths
  3. 5,103 Sq. Ft.
  4. 54x135 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1902
  • Floors: 3
  • County: LOS ANGELES
  • Units: 3
  • Zoning: LAR4
  • MLS Number:21-747364

Additional Features

  • Cooling:
    • Air Conditioning
    • Wall Unit(s)
  • Disclosures:
    • As Is
  • Unit 1 Furnished:
    • No
  • Unit 2 Furnished:
    • No
  • Unit 3 Furnished:
    • No
  • Other Structures:
    • None
  • Parking:
    • Assigned
  • Parking Spaces:
    • 6
  • Heating:
    • Other
  • Number of Buildings:
    • 3
  • Board:
    • The Combined Los Angeles/Westside MLS
  • Gross Income:
    • 306000
  • Net Operating Income:
    • 247300.00
  • Special Conditions:
    • Standard
  • Cap Rate:
    • 6.00
  • Expenses:
    • 58700
  • Gross Operating Income:
    • 306000
  • Listing Agent License Number:
    • 01921748
  • Lot Size Area:
    • 6446
  • LP Per SQFT:
    • 808.35
  • Other Equipment:
    • Barbeque
    • Dishwasher
    • Dryer
    • Freezer
    • Garbage Disposal
    • Ice Maker
    • Microwave
    • Range/Oven
    • Refrigerator
    • Washer
  • Total Acres:
    • 0.1667
  • Unit 1 Bathrooms:
    • 5.00
  • Unit 1 Bedrooms:
    • 9
  • Unit 1 Rent:
    • 14500.00
  • Unit 1 Total Units:
    • 1
  • Unit 2 Bathrooms:
    • 3.00
  • Unit 2 Bedrooms:
    • 3
  • Unit 2 Rent:
    • 5500.00
  • Unit 2 Total Units:
    • 1
  • Unit 3 Bathrooms:
    • 3.00
  • Unit 3 Bedrooms:
    • 3
  • Unit 3 Rent:
    • 5500.00
  • Unit 3 Total Units:
    • 1
Neighborhood info courtesy of Homes.com © 2021

What's My Mortgage?

$38,769.95*
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2738 Belden Dr. Los Angeles CA 90068
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34.03249 -118.28804

1256 W Adams Blvd LOS ANGELES, CA 90007

296594588 34.03249 -118.28804 213 /listing/296594588-150246182/1256-w-adams-blvd-los-angeles-ca-90007 False 0 4125000.0 5103 105 15 11 21-747364 False
  • $4,125,000
  • 15 bd
  • 11 ba
  • 5,103 sqft
  • 54x135 lot
  • Est payment $22143.89/mo