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5614 W Adams Blvd
Los Angeles, CA 90016 West Adams

$1,795,000 USD

Apartments For Sale  •  5,028 SF

Property Details

  • Property Type Apartments
  • Total Building Size 5,028 SF
  • Lot Size 0.14 AC
  • Building Class C
  • Year Built 1961
  • Zoning C2-1VL-CPIO
70 Transit Score
70 Walk Score

Highlights

Priced to Sell — Reduced to $1,795,000 Just $256,429/unit and $356.99/SF — well below the comp set ($316K/unit,$405/SF)
~16% Mark-to-Market Upside In-place rents average $2,153 vs. ±$2,500 on renovated units; NOI grows from$117,065 to $143,959 (+23%) through turnover.
Two Units Renovated in 2024 (Permitted) New double-pane windows, flooring, kitchen cabinetry & appliances, in-unitwasher/dryer, and mini-split HVAC.
Turnkey Value-Add Vacancy One vacant unit taken to the studs, passed rough MEP, and pre-fit for W/D,dishwasher, range, hood, fridge & mini-split.
Efficient All-2BR Mix Seven 2BR/1BA units (±715 SF) — the deepest, most resilient renter pool in the WestAdams submarket.
Major Capital Improvements Since 2022 - New roof (2022), backflow preventer (2023), central plumbing (2023), landscaping /paint / re-stucco (2024).

Amenities

  • Laundry Facilities
  • Heating
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Yard
  • Window Coverings

Public Transportation

Commuter RailDriveWalkDistance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) 14 min - 8.6 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)) 16 min - 8.7 mi
Transit/SubwayDriveWalkDistance
La Cienega/Jefferson (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 14 min 0.8 mi
Expo/La Brea (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 3 min 20 min 1.1 mi
AirportDriveWalkDistance
Los Angeles International 15 min - 7.8 mi
Bob Hope 28 min - 14.2 mi
Long Beach (Daugherty Field) 33 min - 24.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 4
Type: Surface
Included in Rent: Yes
Glen Scher 818-667-6683 Marcus & Millichap
Glen Scher 818-667-6683 Marcus & Millichap