634 E Adams Boulevard, Los Angeles, California 90011 - $879,000 | Allan Real Estate Investments
Location
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Property Highlights
$879,000
634 E Adams Blvd
Los Angeles, CA, 90011
634 E Adams Blvd
•Los Angeles, CA, 90011
6
Bedrooms
6
Bathrooms
4,188
Square Feet
8
Days on Market
6
Bedrooms
6
Bathrooms
4,188
Square Feet
8
Days on Market
About
BUNGALOWS on Adams! We are pleased to present a 6-unit bungalow community located at 634 E Adams consisting of 4 separate two-story bungalow structures and a rear two-story duplex for a total of 5 separate structures. The property currently operates at an 9.67 GRM and 6.45% CAP Rate on current rents with rental upside potential to a 6.23 GRM and 11.76% CAP Rate on pro-forma rents. The units consist of four (4) one bedroom one-bathroom standalone bungalows and (2) one bedroom one-bathroom units in the rear duplex totaling 4,188 rentable square feet located on an 8,575 square foot LARD1.5 lot. Nearby amenities include Trader Joe's, Superior Grocers, USC, The Coliseum, LAFC, Crypto.com Arena, The Convention Center, and various employment opportunities within the direct vicinity of the property. Contact the listing broker for additional information.
Listed by Casey Lins with Kidder Mathews of California, Inc. (858) 369-3010