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Map
$4,808,031*
●
Multifamily -
Off Market
1256 W Adams Blvd
Los Angeles, CA 90007
Studio
0 Bath
$3,713,000 - $4,537,000
Reference Base Price*
16.56%
Since Aug 1, 2021
CA-Los Angeles
Primary Model
About This Property
We are pleased to offer the opportunity to acquire this turnkey
Student Housing Portfolio consisting of three (3) fully updated and
remodeled houses. Each house has its own APN, and is 100% occupied
with USC students, 1-year lease agreements, and also parent
guaranteed. The investment is well positioned, located in the DPS
Patrol Zone, and walking distance to the USC campus & Village.
Expenses are extremely light as the tenants pay for all water,
trash, gas, and electricity. 1256 W. Adams is comprised of an
updated and fully remodeled 9-bedroom + 5-bathroom House. This
three-story beauty offers classic wood floors, a huge living room
and dining area, perfect for communal living and gatherings. The
house features quartz counter tops, stainless steel appliances,
large flat screen TVs, washer & dryer, an outdoor common area with
a barbecue grill and 6-8 person hot tub. This house is currently
rented for $14,500/month. 1258 W. Adams was newly constructed in
2020 (non-rent control) and consists of a spacious 3-bedroom +
3-bathroom house. This house is currently rented for $5,500/month.
1260 W. Adams was newly constructed in 2020 (non-rent control) and
consists of a spacious 3-bedroom + 3-bathroom house. This house is
currently rented for $5,500/month. Amenities include washer &
dryer, stainless steel kitchen appliances, air conditioning, tiled
showers.
Unit Size
-
Days on Market
-
Land Size
0.17 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1902
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Oct 18, 2021 | Sold | $3,850,000 | |
Sold | |||
Jul 12, 2021 | No longer available | - | |
No longer available | |||
Jun 10, 2021 | Listed | $4,125,000 | |
Listed |
Property Highlights
Air Conditioning
Parking Available
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
06/10/2021
|
|
Studio
|
-
|
-
|
$4,125,000
Studio
-
|
$3,850,000
-6.67%
10/18/2021
|
-
|
Davis Saadian
Keller Williams Beverly Hills
|
Building Info
1256 West Adams Boulevard
1256 West Adams Boulevard, Los Angeles, CA 90007
- 1 Unit for Sale
About South LA
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