1166 E Adams Boulevard
Los Angeles, CA 90011
2299 sqft | 6 beds | 0.14 acres | #24436503
Description
Rent Increases from November 2024! Tenants pay all utilities! Explore a lucrative investment with this strategically located 3-unit income property; situated just south of Downtown Los Angeles (DTLA). Perfectly positioned, this property is a short 6-minute drive to USC, making it an attractive option for students and professionals alike. Each of the three units offers a spacious layout with 2 bedrooms and 1 full bath. The front building was fully reimagined in 2019, featuring contemporary upgrades that include modern kitchens with stainless steel appliances, stylish bathrooms, and fresh flooring throughout. The back building has been expertly converted from a garage into a comfortable 2-bedroom, 1-bathroom unit, also fully renovated in 2019. This unit provides additional rental potential and complements the front building's appeal. Enjoy the convenience of being just minutes away from FWY, USC, and DTLA, with easy access to public transportation, shopping, dining, and entertainment. This location is highly desirable for renters seeking proximity to major urban amenities. Tenants pay all utilities. With its recent renovations, high-demand location, and stable rental income, this property presents an excellent investment opportunity. Whether you're looking for a steady income stream or long-term appreciation, this property delivers. Photos are before tenants moved in.
Interior Details
- InteriorCeilingFans
Beds & Baths
- Bedrooms6
Property Details
- Stories1
Measurements
- Acres0.1432
- Square Feet2299
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1905
Utilities / Energy Details
- Sewer InformationSewerTapPaid
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$869,000
Other
- MLS #24436503
Location
Legal
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Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Tiffany Sung Park (#CLW-C112648)
Listing Office: Keller Williams Larchmont (#CLW-X74850)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
