CA > Los Angeles
Los Angeles, CA 90011,634 E Adams BLVD
Los Angeles, CA 90011,634 E Adams BLVD
Los Angeles, CA 90011,634 E Adams BLVD
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$933,000
Est. payment /mo
8,576 Sqft Lot
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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25259842

HOA Y/N No

Year Built 1912

Lot Size 8,576 Sqft

Property Sub-Type Apartment

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

Area C42 - Downtown L.A.

Interior

Fireplace No

Laundry None

Exterior

Pool None

Community Features Curbs, Suburban, Sidewalks, Urban

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5128011004

Acceptable Financing Cash, Cash to New Loan, Conventional, Contract

Listing Terms Cash, Cash to New Loan, Conventional, Contract

Special Listing Condition Standard

Read Less Info
CRMLS – RECore
Listed by Aaron Jacobson Lyon Stahl Investment Real Estate, Inc. 310-729-1559

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