3812 Adams Boulevard, Los Angeles, CA 90018
-
Sold Price :
$1,600,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
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Year Built :
1940
Property Description
We are pleased to present an exceptional investment opportunity at 3812 West Adams Boulevard in the thriving West Adams District of Los Angeles, CA. This well-maintained 8-unit apartment building, constructed in 1940, consists of six spacious 1-bedroom/1-bath units and two singles spanning 5,321 square feet, sitting on an expansive 15,338 square foot R3-zoned lot offering the potential for long-term redevelopment. Well-manicured outdoor common areas, ample parking, and 7 covered garages contribute to its tenant attraction. Notably, there is significant rental upside potential, with the opportunity to increase income by almost 50%, and one unit will be delivered vacant. One of the property's standout features is its central location, providing easy access to many of LA's busiest surrounding submarkets. It benefits from excellent transportation connectivity, with major highways and public transportation options, making commuting convenient for residents and appealing to potential tenants.
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
Listing Information
| Address |
3812 Adams Boulevard |
| City |
Los Angeles |
| State |
CA |
| Zip |
90018 |
| County |
Los Angeles |
| Listing Agent |
Mark Cianciulli DRE #01990266 |
| Courtesy Of |
The CREM Group |
| Close Price |
$1,600,000 |
| Status |
Closed |
| Type |
Residential Income |
| Structure Size |
N/A |
| Lot Size |
15,343 |
| Year Built |
1940 |
Listing information courtesy of: Mark Cianciulli, The CREM Group. *Based on information from the Association of REALTORS/Multiple Listing as of Apr 8th, 2024 at 3:34 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
