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4117 W Adams Blvd

Los Angeles, CA 90018
  • $2,899,000
  • STATUS: Active Under Contract
  • ON SITE: 35 Days
  • MLS #: 21-799732
Under Contract
UPDATED: 62 min ago
$2,899,000
  • 10
    BEDS
  • 0.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,380
    SQFT
  • $393
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1940
County:

School Ratings & Info

Description

4117 W Adams Blvd is a 12-unit property located in the highly desirable West Adams neighborhood of Los Angeles. The property consists of ten 1+1's, and two studios. Eight of the twelve units have been tastefully renovated, including stainless steel appliances and reimagined kitchens and bathrooms. The property is landscaped with drought tolerant plants, and there is a private outdoor seating area for residents. Additionally, the property has ample parking and is individually metered for gas and electricity. There is also on-site laundry room for added income. Superbly located near the heart of the West Adams commercial corridor, 4117 W Adams Blvd provides residents with many of the great things LA has to offer right outside their front door. The property is central to major employment, freeways, and points of interest alike. Most errands can be accomplished by foot or with a short car ride. Moreover, the property lies a mere 10-minute drive from trendy Downtown Culver City, Downtown Los Angeles, and the University of Southern California. Tenants with young children will enjoy the nearby proximity to a variety of different schools and the 3-minute drive to Benny H. Potter West Adams Avenues Memorial Park. This is an excellent opportunity to acquire an investment property with steady and reliable cash flow with additional future upside.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-08T19:43:44.667. 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.haciendagroupinc.com/homes/122983371
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4117 W Adams Blvd Los Angeles, CA 90018

  • Price: $2,899,000
  • Status: Active Under Contract
  • On Site: 35 Days
  • Updated: 62 min ago
  • MLS #: 21-799732
10
Beds
0
Baths
0
½ Baths
0.3
Acres
7,380
SQFT
$393
$/SQFT
1940
Built
Neighborhood:
Mid Los Angeles
County:
Los Angeles
Area:
Mid Los Angeles
Property Description
4117 W Adams Blvd is a 12-unit property located in the highly desirable West Adams neighborhood of Los Angeles. The property consists of ten 1+1's, and two studios. Eight of the twelve units have been tastefully renovated, including stainless steel appliances and reimagined kitchens and bathrooms. The property is landscaped with drought tolerant plants, and there is a private outdoor seating area for residents. Additionally, the property has ample parking and is individually metered for gas and electricity. There is also on-site laundry room for added income. Superbly located near the heart of the West Adams commercial corridor, 4117 W Adams Blvd provides residents with many of the great things LA has to offer right outside their front door. The property is central to major employment, freeways, and points of interest alike. Most errands can be accomplished by foot or with a short car ride. Moreover, the property lies a mere 10-minute drive from trendy Downtown Culver City, Downtown Los Angeles, and the University of Southern California. Tenants with young children will enjoy the nearby proximity to a variety of different schools and the 3-minute drive to Benny H. Potter West Adams Avenues Memorial Park. This is an excellent opportunity to acquire an investment property with steady and reliable cash flow with additional future upside.
Exterior Features

Covered Parking 4 Direction Faces South Lot Size Area 12994 Other Structures None Parking Garage UncoveredGarage Is DetachedSide By Side Paved YN Yes Total Parking 10 View Description City Lights View YN Yes

Interior Features

Baths Total 12.00 Cooling None Equipment Ceiling FanBuilt-InsRefrigeratorRange/OvenFreezer Heating Wall Gas Laundry RoomCommunity Laundry Equipment Lease

Property Features

Alley YN Yes Assessed Total Value 1966356 Gross Income 196368 Gross Operating Income 191477 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 128348.00 Number Of Buildings 2 Number Of Units 12 Rent Control YN Yes Sale Type Standard Sewer In Street Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 62129 Type Of Units Apartments Year Built Source Assessor Zoning Lar3

Listing provided courtesy of Jordan Peikin DRE#02015987 of Clement Partners Real Estate.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-08T19:43:44.667. 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.
 
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Hacienda Agency Inc
77935 Calle Tampico # 201
La Quinta CA, 92253