225 W Adams Boulevard, Los Angeles, CA 90007
- $1,775,000
- 16
- BA
- 8,540
- SqFt
- List Price
- $1,775,000
- Price Change
- ▼ $175,000 1777354120
- Status
- ACTIVE UNDER CONTRACT
- MLS#
- 25579401
- Year Built
- 1923
- Bathrooms
- 16
- Living Sq. Ft
- 8,540
- Lot Size
- 12,295
- Acres
- 0.28
- Days on Market
- 351
- Property Type
- Multifamily
- Stories
- Two Levels
Property Description
Prime opportunity to acquire a 16-unit apartment building in the heart of rapidly transforming West Adams. A thriving neighborhood attracting strong investor interest and tenant demand. The property offers stable cash flow today and substantial upside through unit renovations, rental increases, or future redevelopment. Value-Add Play: Renovate interiors to capture higher market rents in a high-demand micro-market. 4 Units Delivered Vacant Redevelopment Potential: LAM1 zoning in an Opportunity Zone offers flexibility for future mixed-use, adaptive reuse, or expansion (verify with City of LA). Strong Location Fundamentals: West Adams continues to see rapid rent growth and neighborhood revitalization, driven by proximity to Culver City, DTLA, and the Expo Line.This property is well-suited for investors seeking immediate cash flow with multiple exit strategies. Buy, renovate, and hold for long-term appreciation, or reposition for higher and better use.
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Additional Information
- Appliances
- Dryer, Washer
- Cooling Description
- None
- Attached Structure
- Detached
- Number Of Units Total
- 16
Listing courtesy of Listing Agent: George Morales (georgemorales@compass.com) from Listing Office: Compass.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.