CA > Los Angeles
Los Angeles, CA 90011,634 E Adams Boulevard
Los Angeles, CA 90011,634 E Adams Boulevard
Los Angeles, CA 90011,634 E Adams Boulevard
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$933,000
Est. payment /mo
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4 Beds
8,575 Sqft Lot
New

634 E Adams Boulevard Los Angeles, CA 90011

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Kurt Wannebo

Kurt Wannebo

+1(858) 405-5878

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25259842

Bedrooms 4

Lot Size 8,575 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

82% Rental Upside Prime Value-Add Opportunity! 634 E Adams Blvd presents an exceptional value-add opportunity in a rapidly growing pocket of Los Angeles. This well-maintained 6-unit bungalow-style property consists of oversized one-bedroom units offering 82% rental upside. Currently priced at a 10.74 GRM, the building stabilizes at an impressive 5.90 GRM and 12.57% cap rate, making it ideal for any savvy investor looking to unlock significant income potential. Built in 1912, the property features 4,188 SF of living area on a generous 8,572 SF lot. With units averaging nearly 700 SF, 634 E Adams offers rare scale and character for a one-bedroom asset. This property is an excellent fit for exchange buyers or value-add investors seeking a high-upside opportunity in a dynamic submarket. Strategically located just minutes from USC, Downtown LA, Gilbert Lindsay Park, Exposition Park, the Lucas Museum, the Arts District, The Reef, BMO Stadium, and LA Live, the property sits amid billions of dollars in nearby development driving long-term appreciation and rental demand.

Location

State CA

County Los Angeles

Zoning Assessor

Direction west of Main St and east of San Pedro St

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 5128011004

Acceptable Financing Cash, Conventional, Land Contract

Listing Terms Cash, Conventional, Land Contract

MLS Router / San Diego MLS
Listed by Aaron Jacobson Lyon Stahl Investment Real Estate, Inc.

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Kurt Wannebo

Kurt Wannebo

Broker Associate | CA Dre# 01468255

+1(858) 405-5878

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634 E Adams Boulevard

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