Active

4144 W Adams BLVD

LOS ANGELES CA, 90018

$4,000,000


$357.27 per sqft

Active

1 Bed

11,196 sqft

Condo

Built in 1927

Located in the rapidly gentrifying and hip pocket of West Adams, this investment opportunity is priced at a 7% Cap Rate and 10 GRM (as of April increases) with two brand-new ADU units for it's new owner! 6 units have not yet been turned, allowing a new owner to put their own finishing touches on the property. Units are individually metered for gas and electricity and are large, spacious, with walk-in kitchens and well laid out bathrooms. Many units also have large walk-in closets! Other unit improvements include new vinyl plank flooring, new lighting and ceiling fans, new kitchen cabinetry, and more! There is also onsite laundry available for tenant convenience (leased). The West Adams area has been undergoing a renaissance over the last few years, with a multitude of exciting new developments popping up all over the neighborhood! The property is perfectly positioned between USC, Culver City, Mid City, and Downtown; allowing quick freeway access to nearly all of Los Angeles in no time at all!

SB23185263MR

MLS ID

October 4, 2023

Listed

February 23, 2024

Updated

Map

4144 W Adams BLVD
LOS ANGELES CA, 90018

Interior Features

Total Stories

2


Bedrooms

1 Bed


Laundry Description

Laundry Area


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.17 Acres


Sewer

Public Sewer

Other Property Details

Area Name

Mid-Wilshire


Days on Market

109


Garage

No


Parking Total

0


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

LAR3

Listed by with Keller Williams Beach Cities
Listing Contact: 310-480-2130 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Aspire Los Angeles shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 2/23/2024

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