634 E Adams Boulevard, Los Angeles, CA 90011
List Price: $871K
Listing Status: Active
0Days on Market: 0
6 Bedrooms · 6 Bathrooms · 4,188 sq ft
Property Type: ResidentialIncome
Year Built: 1912
Lot Size: 8,575 sq ft
MLS Number: 26856489
About This Property
BUNGALOWS on Adams! We are pleased to present a 6-unit bungalow community located at 634 E Adams consisting of 4 separate two-story bungalow structures and a rear two-story duplex for a total of 5 separate structures. The property currently operates at an 9.62 GRM and 6.49% CAP Rate on current rents with rental upside potential to a 5.28 GRM and 14.43% CAP Rate on pro-forma rents. The units consist of four (4) one bedroom one-bathroom standalone bungalows and (2) one bedroom one-bathroom units in the rear duplex totaling 4,188 rentable square feet located on an 8,575 square foot LARD1.5 lot. Nearby amenities include Trader Joe's, Superior Grocers, USC, The Coliseum, LAFC, Crypto.com Arena, The Convention Center, and various employment opportunities within the direct vicinity of the property. Contact the listing broker for additional information.
Listing provided by: Casey Lins DRE #01902650 858-369-3010 Casey.Lins@kidder.com, Kidder Mathews of California, Inc.
Source: CRMLS, MLS #: 26856489
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.