1325 E Adams Boulevard, Los Angeles, CA 90011
Local realty services provided by:Better Homes and Gardens Real Estate Town Center
1325 E Adams Boulevard,Los Angeles, CA 90011
$1,240,000
- 7 Beds
- 6 Baths
- 2,838 sq. ft.
- Multi-family
- Active
Listed by:julio ruiz
Office:global platinum properties, inc.
MLS#:25572721
Source:CRMLS
Price summary
- Price:$1,240,000
- Price per sq. ft.:$436.93
About this home
Price Reduction! 6-unit value-add building with 12 parking spaces cash flowing at a 5.25% Cap Rate from day 1 with upside to a 10.1% Cap on Proforma! Almost RTI plans to add 6 detached ADUs to achieve an incredible 12% Current Cap Rate, 15.2% Proforma Cap, and only 159k/unit after taking into account all the construction costs (~670k assuming $250/SF). 3 units have been renovated and boast updated cabinets, flooring, kitchen, bathrooms, exterior improvements, newer roof, new windows for all units, and more. Individually metered for gas, electricity, and tenants pay their own trash further minimizing the operating expenses. Prime location just minutes away from Downtown LA, USC, BMO Stadium, George Lucas' Billion Dollar Museum, and Exposition Park where 2028 Olympics will be held!
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Home facts
- Year built:1924
- Listing ID #:25572721
- Added:56 day(s) ago
- Updated:September 26, 2025 at 10:31 AM
Rooms and interior
- Bedrooms:7
- Total bathrooms:6
- Living area:2,838 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1924
- Building area:2,838 sq. ft.
- Lot area:0.14 Acres
Finances and disclosures
- Price:$1,240,000
- Price per sq. ft.:$436.93
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