Exclusive Listings

4 Units Residential Income Near USC with Commercial Zoning

Address:
1853 W Adams Blvd
Los Angeles, CA 90018
Price:
$1,100,000
Status:
Available
Type:
Apartment
# Units:
4
Year Built:
1913
Building Size:
4,752
Lot Size:
6,650
CAP Rate:
3.83%
GRM:
17.97x
Price/Unit:
$275,000
Price/SqFt:
$231

Investment Highlights

  • Superb unit mix of (1) 1B+2B and (3) 2B +2B
  • Commercial zoning (LAC1)
  • Lot size: 6,650 square feet
  • 4 separate gas and electric lines, 1 water meter
  • 6 Parking spaces

 

Property Highlights

  • Close to 10 FWY and 110 FWY
  • High ceilings
  • New exterior paint
  • Close proximity to Downtown LA, Koreatown, Arts District, USC, California Science Center, Staples Center
  • Nearby amenities include: entertainment, restaurants, supermarkets, shopping, night clubs, bowling alley, music venues, movie theaters and many more


Growth Investment Group is proud to present 1853 W Adams Blvd, a 4-unit residential income property built in 1913 located in the city of Los Angeles. This property is located in a prime area just minutes away from the University of Southern California (USC), LA Convention Center, Staples Center, LA Live, and California Science Center. This property is also located in a convenient location with easy access to the 10 FWY and 110 FWY. The units are 100% occupied and is perfect for a value-add investor looking to acquire an investment property and increase its income potential.

1853 W Adams Blvd offers a superb unit mix of (1) 1B+2B and (3) 2B +2B. The total size of the building is 4,752 square feet and the total lot size is 6,650 square feet. Commercial zoning for this property (LAC1) allows for many commercial uses such as banks, clubs, hotels, child care, parking areas, retail stores, offices or businesses, and clinics. This property has a gated entrance with 6 individual parking spaces and individual meters for both gas and electricity.


Due Diligence


Broker Contact

Donald La
Direct: 626.824.8853
donald.la@growthinvestmentgroup.com

Thank you for your time and interest. The information you are attempting to access requires a one-time registration before you can proceed. Your email address will allow you to log in any time.
Please log in or begin registration by providing your email address.


Office:
999 S. San Gabriel Blvd.
San Gabriel, CA 91776
Phone: 626.594.4901
Fax: 626.316.7552
Email: properties@GrowthInvestmentGroup.com
Copyright © 2018 GIG Real Estate, Inc. dba. Growth Investment Group - Corp. ID 02021933
Visit us on social media websites