$1,290,000
1325 E Adams BoulevardLos Angeles, California 90007
- Neighborhood:University Park
- 2838 SqFt
- Built 1924
- Status:For Sale
- MLS:CL25572721
- Last Updated:6 days ago
Overview
6-unit value-add building with 12 parking spaces cash flowing at a 5% Cap Rate from day 1 with upside to a 9.7% Cap on Proforma! Preliminary plans to add 6 detached ADUs to achieve an incredible 11.7% Current Cap Rate, 14.8% Proforma Cap, and only 16
Listing courtesy of Julio Ruiz, Global Platinum Properties, Inc.Property Details
Key Details
- Property TypeOther
- Sq. Ft.2838
- $/Sq. Ft.$455
- Built In1924
- Days on neighborhoods.com6
Exterior Features
Parking/Garage
- Garage (Y/N)No
- Carport (Y/N)No
- Parking FeaturesOther
Interior Features
Features
- Sq. Ft.2838
Utilities
- Heating (Y/N)Yes
- Heating TypeWall Furnace
Property Lot
Property Features
- Property Subtype 1Other
Location Information
- CountyLos Angeles
Lot Information
- Lot Sq. Ft.6315
- Lot Size Area0.15
- Living Area2838
- Living Area UnitsSquare Feet
- Acres0.15
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