1325 E Adams Boulevard, Los Angeles, CA 90011 - Berkshire Hathaway HomeServices California Properties

Photo of Jesse Hlubik

Jesse Hlubik REALTOR® - Sales Associate 310-890-6928 m
310-890-6928 o
Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
Phone: 818-528-3200
Fax: 818-386-9007

Interested in This Property? Request Virtual Showing Your message will be sent to Jesse.
By submitting your information, you consent to be contacted by email, SMS message, and/or phone call. You may opt out at any time per our Privacy Policy.

Agent Remarks

6-unit value-add building with 12 parking spaces cash flowing at a 5% Cap Rate from day 1 with upside to a 9.7% Cap on Proforma! Preliminary plans to add 6 detached ADUs to achieve an incredible 11.7% Current Cap Rate, 14.8% Proforma Cap, and only 163k/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 Details

Property type: (Multi-Family)

Status: Active

MLS# 25572721

List price is $1,290,000

Beds: 7

Baths: 6

Built in 1924

2,838 sqft

1 story

0.15 acres

Lot size: 0.1450