34.032494 -118.28802

1256 W Adams Blvd LOS ANGELES, CA 90007

299808481 34.032494 -118.28802 213 /listing/299808481-150246182/1256-w-adams-blvd-los-angeles-ca-90007 False 0 4075000.0 5103 105 15 11 21-763542 False
  • $4,075,000
  • 15 bd
  • 11 ba
  • 5,103 sqft
  • 54x135 lot
  • Est payment $21875.48/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. Current 6% Cap Rate - $25,500/month

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

Main Features

  • Listing Status: Contract Pending
  • Year Built: 2020
  • Floors: 3
  • County: LOS ANGELES
  • Units: 3
  • Zoning: LAR4
  • MLS Number:21-763542

Additional Features

  • Cooling:
    • Air Conditioning
    • Other
  • Disclosures:
    • As Is
  • Water Heater:
    • Yes
  • Building Permit:
    • Yes
  • Unit 1 Furnished:
    • No
  • Unit 2 Furnished:
    • No
  • Unit 3 Furnished:
    • No
  • Other Structures:
    • None
  • Parking:
    • Assigned
    • Covered Parking
  • Parking Spaces:
    • 7
  • Heating:
    • Other
  • Number of Buildings:
    • 3
  • Board:
    • The Combined Los Angeles/Westside MLS
  • Gross Income:
    • 306000
  • Net Operating Income:
    • 247900.00
  • Special Conditions:
    • Standard
  • Cap Rate:
    • 6.00
  • Expenses:
    • 58100
  • Gross Operating Income:
    • 306000
  • Listing Agent License Number:
    • 01921748
  • Lot Size Area:
    • 7262
  • LP Per SQFT:
    • 798.55
  • Other Equipment:
    • Barbeque
    • Dishwasher
    • Dryer
    • Freezer
    • Garbage Disposal
    • Ice Maker
    • Microwave
    • Range/Oven
    • Refrigerator
    • Washer
  • Total Acres:
    • 0.1667
  • Under Contract Date:
    • 2021-07-30
  • 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*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Links Real Estate
Links Real Estate
(323) 469-5114
2738 Belden Dr. Los Angeles CA 90068
no name available Links Real Estate
Let us help you!
34.032494 -118.28802

1256 W Adams Blvd LOS ANGELES, CA 90007

299808481 34.032494 -118.28802 213 /listing/299808481-150246182/1256-w-adams-blvd-los-angeles-ca-90007 False 0 4075000.0 5103 105 15 11 21-763542 False
  • $4,075,000
  • 15 bd
  • 11 ba
  • 5,103 sqft
  • 54x135 lot
  • Est payment $21875.48/mo