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1323 E Adams Blvd
Los Angeles, CA 90011 Southeast Los Angeles

$1,160,000 USD

Apartments For Sale • 4,706 SF

Property Details

Property Type Apartments
Total Building Size 4,706 SF
Lot Size 0.14 AC
Building Class C
Year Built 1924
Cap Rate 5.75 %
Zoning LARD1.5

57 Transit Score

81 Walk Score

                
                    Highlights
                
                                Stable cash flow from day 1 with a 5.75% Cap Rate, increasing to an impressive 10.9% Cap on Proforma
                            
                                Plans for 6 ADUs to achieve 12.6% Current Cap Rate, 15.9% Proforma Cap, and only 152k/unit after construction costs
                            
                                Recently renovated units featuring updated kitchens, bathrooms, cabinets, flooring, exterior upgrades, newer roof, and new windows
                            
                                Prime location near Downtown LA, USC, BMO Stadium, George Lucas' Museum, and Exposition Park, with the 2028 Olympics in sight

Property Flyers

Offering Memorandum

6 Detached ADUs - Prelim Plans - 1325 E Adams Blvd

Cap Rate:

5.75 %

Amenities

24 Hour Access
Air Conditioning
Courtyard
Tenant Controlled HVAC
Heating
Kitchen
Refrigerator
Oven
Range
Tub/Shower
Smoke Detector

Public Transportation

Commuter Rail	Drive	Walk	Distance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak)	7 min	-	3.3 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	10 min	-	3.7 mi
Transit/Subway	Drive	Walk	Distance
Washington Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro))	1 min	13 min	0.7 mi
Airport	Drive	Walk	Distance
Los Angeles International	24 min	-	13.4 mi
Bob Hope	28 min	-	20.3 mi
Long Beach (Daugherty Field)	30 min	-	21.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

Armin Soleimani 310-666-2246 Global Platinum Properties

1323 E Adams Blvd Los Angeles, CA 90011 Southeast Los Angeles