Skip To Content

    1216 E Adams Blvd

    Los Angeles, CA 90011
    • $2,100,000
    • STATUS: Active
    • ON SITE: 21 Days
    • ID#: 21-788052
    Foreclosure
    UPDATED: 103 min ago
    $2,100,000
    • 14
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,190
      SQFT
    • $405
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2018
    County:

    School Ratings & Info

    Description

    NEWER CONSTRUCTION (COMPLETED IN 2018), 4 units in two separate buildings, Total 5,190 Sq Ft., The Front duplex are both 3 bedrooms and 2 baths, Rear duplex are both 4 bedrooms and 2.5 baths. 3 Large two car garages with alley access and two on site parking. Great area close to shopping centers, freeway, and USC. All units are separately metered for Water, Gas and electric (paid by tenants). All tenants are stable good tenants who are all current with their rents (Total monthly rents $10,900). Completely Gated with secured windows and new walls. Tiled and Laminated floors, Granite countertops. Great investment, a must see. Please drive by only. interior inspection upon accepted offer and an open escrow. PLEASE DO NOT DISTURB THE TENANTS OR WALK ON THE PROPERTY.

    Monthly Payment Calculator



    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-10-17T23:42:31.657. 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.
    www.theparsonsrealestateteam.com/homes/121807052
    Print Image

    1216 E Adams Blvd Los Angeles, CA 90011

    • Price: $2,100,000
    • Status: Active
    • Updated: 103 min ago
    • ID#: 21-788052
    14
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    5,190
    SQFT
    $405
    $/SQFT
    2018
    Built
    Neighborhood:
    Downtown L.A.
    County:
    Los Angeles
    Area:
    Downtown L.A.
    Property Description
    NEWER CONSTRUCTION (COMPLETED IN 2018), 4 units in two separate buildings, Total 5,190 Sq Ft., The Front duplex are both 3 bedrooms and 2 baths, Rear duplex are both 4 bedrooms and 2.5 baths. 3 Large two car garages with alley access and two on site parking. Great area close to shopping centers, freeway, and USC. All units are separately metered for Water, Gas and electric (paid by tenants). All tenants are stable good tenants who are all current with their rents (Total monthly rents $10,900). Completely Gated with secured windows and new walls. Tiled and Laminated floors, Granite countertops. Great investment, a must see. Please drive by only. interior inspection upon accepted offer and an open escrow. PLEASE DO NOT DISTURB THE TENANTS OR WALK ON THE PROPERTY.
    Exterior Features

    Cross Streets Central Lot Size Area 6049 Other Structures None Parking Garage AttachedGarage - 2 CarAssignedDriveway Paved YN Yes Total Parking 8

    Interior Features

    Baths Total 10.00 Cooling None Equipment Gas Or Electric Dryer HookupHood Fan Heating Forced Air

    Property Features

    Alley YN Yes Assessed Total Value 1036483 Gross Income 130800 Gross Operating Income 130800 Insurance Expense 1916.00 Land Lease Type Fee Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 110246.00 Number Of Buildings 2 Number Of Units 4 Property Condition New Construction Rent Control YN No Sale Type Real Estate Owned Security Features Carbon Monoxide Detector(S)Exterior Security LightsFire And Smoke Detection SystemFire SprinklersGatedLeasedSmoke DetectorWindow Bars Source Living Area Other Source Lot Size Area Vendor Enhanced Total Annual Expense 20554 Type Of Units Rental Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lard1.5

    Listing provided courtesy of Mike Hassani DRE#01309514 of Home Team Realty.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-10-17T23:42:31.657. 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.
     
    https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-788052-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-788052-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-788052-2.jpg
    Logo
    The Parsons Team | Keller Williams Realty
    251 S. Lake Ave #150
    Pasadena CA, 91101