$1,240,000

1325 E Adams Boulevard, Los Angeles, CA 90011

  • 2,838 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1924
  • Property Lot Size Icon6,534sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $437/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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!

Listing Status:
Active
Date Added:
October 8, 2025 at 05:00AM
Listing Office:
Global Platinum Properties, Inc. : 424-394-1030
Listing Agent:
Armin Soleimani : 310-666-2246
MLS ID:
CL25603393
  • Heating: Wall Furnace
  • Parking: Other
  • County: Los Angeles
  • Zoning: LARD5118009019

This listing courtesy of Armin Soleimani, Global Platinum Properties, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

N

Nevin Avenue Elementary School

1569 E 32nd St, Los Angeles, CA, 90011

Grades KG-5

0.30 miles away

D

Dr. Julian Nava Learning Academy - School of Business & Tech

1420 E Adams Blvd, Los Angeles, CA, 90011

Grades 6-8

0.07 miles away

N

Nava College Preparatory Academy

1319 E 41st St, Los Angeles, CA, 90011

Grades 9-12

0.45 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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