1256 W Adams Blvd

3 Unit Apartment Building $3,850,000 ($1,283,333/Unit) 5.86% Cap Rate Los Angeles, CA 90007

INVESTMENT HIGHLIGHTS

  • Located within the CSC and DPS Security Patrol Zones
  • Offered at an Attractive 5.86% Cap Rate
  • Each Unit Is Individually Parceled, Enabling a Buyer to Creatively Structure the Transaction
  • Unit Mix- 9 Bed/7 Bath, 3 Bed/3 Bath, 3 Bed/3 Bath

EXECUTIVE SUMMARY

Don't miss out on this opportunity to acquire a fully leased student housing property in a high-demand area! 3 Unit, 15 Bedroom Student Housing Property Located Walking Distance to USC. Front House is Fully Renovated and Rear Duplex is 2022 Construction. Fully Rented to USC Students with Rents Already in Place for the 2024-2025 Academic Year

PROPERTY FACTS

Price $3,850,000
Price Per Unit $1,283,333
Sale Type Investment
Cap Rate 5.86%
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class C
Lot Size 0.15 AC
Building Size 5,103 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 2020/2022
Parking Ratio 1.57/1,000 SF

UNIT AMENITIES

  • Kitchen
  • Dining Room

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
3+3 1 - -
3+3 1 - -
Walk Score®
Walker's Paradise (91)
Bike Score®
Biker's Paradise (90)

ZONING

Zoning Code LAR4 (Front House with Back Lot Subdivided into two townhomes.)
  • Listing ID: 34411645

  • Date on Market: 1/8/2025

  • Last Updated:

  • Address: 1256 W Adams Blvd, Los Angeles, CA 90007