1166 E Adams Boulevard, Los Angeles, CA 90011

  • $869,000
  • $378
1166 E Adams Boulevard, Los Angeles, CA 90011
For Sale
1166 E Adams Boulevard, Los Angeles, CA 90011
  • $869,000
  • $378

Overview

Property ID: SGR-33944926
  • Residential Income
  • Property Type
  • 6
  • Bedrooms
  • 3
  • Bathrooms
  • 2299.00
  • 1905
  • Year Built

Description

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 stream or long-term appreciation, this property delivers. Photos are before tenants moved in.

  • Address 1166 E Adams Boulevard
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90011
  • Area C42 - Downtown L.A.
  • Country United States

Details

Updated on September 23, 2024 at 8:13 am
  • Property ID: SGR-33944926
  • Price: $869,000
  • Property Size: 2299.00 m²
  • Land Area: 6236.00 m²
  • Bedrooms: 6
  • Bathrooms: 3
  • Year Built: 1905
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 2299.00
  • MLS#: 24436503
  • Office Name: KELLER WILLIAMS LARCHMONT
  • Agent Name: Tiffany Sung Park
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Agent State License: 01938831

Additional details

  • Sewer: Sewer Paid
  • Heating: Wall Furnace
  • Flooring: Laminate
  • County: Los Angeles
  • Parking: 5.00

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