$799,000
1166 E Adams Boulevard Los Angeles, CA 90011
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$799,000
Est. payment /mo
6 Beds
2,299 SqFt
UPDATED:
11/06/2024 08:40 PM
Key Details
Property Type Other Types
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 2,299 sqft
Price per Sqft $347
MLS Listing ID CL24436503
Bedrooms 6
HOA Y/N No
Year Built 1905
Lot Size 6,236 Sqft
Acres 0.14
Property Description
Rent Increases from November 2024! Tenants pay all utilities! Explore a lucrative investment with this strategically located 3-unit income property; situated just south of Downtown Los Angeles (DTLA). Perfectly positioned, this property is a short 6-minute drive to USC, making it an attractive option for students and professionals alike. Each of the three units offers a spacious layout with 2 bedrooms and 1 full bath. The front building was fully reimagined in 2019, featuring contemporary upgrades that include modern kitchens with stainless steel appliances, stylish bathrooms, and fresh flooring throughout. The back building has been expertly converted from a garage into a comfortable 2-bedroom, 1-bathroom unit, also fully renovated in 2019. This unit provides additional rental potential and complements the front building's appeal. Enjoy the convenience of being just minutes away from FWY, USC, and DTLA, with easy access to public transportation, shopping, dining, and entertainment. This location is highly desirable for renters seeking proximity to major urban amenities. Tenants pay all utilities. With its recent renovations, high-demand location, and stable rental income, this property presents an excellent investment opportunity. Whether you're looking for a steady income strea
Location
State CA
County Los Angeles
Area Listing
Zoning LAR2
Interior
Heating Wall Furnace
Flooring Laminate
Fireplace No
Exterior
Utilities Available Other Water/Sewer
Total Parking Spaces 5
Building
New Construction No
Others
Tax ID 5119012004
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Listed by Tiffany Sung Park • Keller Williams Larchmont
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Parisa Samimi
Founder & Real Estate Broker | License ID: 01858122
Founder & Real Estate Broker License ID: 01858122