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Listed by: Aaron Jacobson (310) 729-1559 DRE #02100737, Brandon Maghen DRE #02250000 | Lyon Stahl Investment Real Estate, Inc. (310) 425-9838
$933,000
6 Beds
- 6 Baths
--sqft
634 E Adams Blvd, Los Angeles, CA 90011
$933,000
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Apartment
Built in 1912
$-- HOA
8,575 sqft lot
--/sqft
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...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1912
HOA Fees
-
Finished Area
- sqft
Lot Size
8,575 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
SB25259842
MLS Status
Active
Days on Market
38
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