Must be sold with 218 E.

27th St. First time on market in over 40 years! Investors choice with Tremendous Upside. Six (6) Units comprised of Six (6) - 1 Bedroom + 1 Bathroom units. Located within minutes of Down Town Los Angeles. Individually metered for Gas and Electricity. Situated near University of Southern California, Restaurants, Crypto.com Arena, BMO Stadium, LA Fashion District, Sho pping, The Flower District, Downtown LA and the LA Convention Center, this property is offers the astute investor immediate cash-on-cash returns with excellent rental upside potential.

Drive By Only - please d not disturb tenants. Must be sold with 218 E. 27th St.

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on 634 E Adams Blvd
in Los Angeles, CA
Presented by Michael Pesci at
Keller Williams Realty-Studio City.


Property MLS #24-371643 from TheMLSCLAW

+ Reveal additional info including schools and tax history

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+ Bedrooms

Bedrooms: 6

+ Bathrooms

Total Bathrooms: 6
Full Bathrooms: 6

+ Heating and Cooling

Cooling Features: Window Unit(s)
Heating Features: Wall Gas

+ Land Info

Lot Size Acres: 0.196786
Lot Size Source: Assessor
Lot Size Square Feet: 8572

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

+ Multi-Unit Info

Number of Buildings: 5
Number of Units: 6
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 10500

+ Other Property Info

Source Listing Status: Active
County: Los Angeles
Cap Rate: 4.84
Directions: Located on East Adams Blvd., between San Pedro and Main St.
Source Property Type: Residential Income
Area: Downtown L.A.
Source Neighborhood: Downtown L.A.
Parcel Number: 5128-011-004
Postal Code Plus 4: 1542
Zoning: LARD1.5
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2022	$48,900 + $35,143 $84,043	$2,106
2021	$47,942 + $34,454 $82,396	$2,064
2020	$47,451 + $34,101 $81,552	$2,068
2019	$46,521 + $33,433 $79,954	$2,029
2018	$45,609 + $32,778 $78,387	$1,898
2017	$44,715 + $32,136 $76,851	$1,828
2016	$43,839 + $31,506 $75,345	$1,747
2015	$43,181 + $31,033 $74,214	$1,734
2014	$42,336 + $30,426 $72,762	$1,781
2013	$42,145 + $30,289 $72,434	$1,771
2012	$41,319 + $29,696 $71,015	$1,788
2010	$40,509 + $29,114 $69,623	$1,693
2009	$40,303 + $28,966 $69,269	$1,649
2009	$40,207 + $28,897 $69,104	$1,649
2008	$39,513 + $28,399 $67,912	$1,613
2007	$38,739 + $27,843 $66,582	$1,557

+ Reveal Property Sale History

Price Changed 2024-05-30
$850,000
TheMLSCLAW

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Listed 2024-03-22
$950,000
TheMLSCLAW

+ Commercial Info

Net Operating Income: 41125

+ Building and Construction

Total Square Feet Living: 4188
Year Built: 1912
Levels: One Level
Living Area Source: Assessor
Property Age: 112
Levels or Stories: 2
Building Total Stories: 2
Year Built Source: Assessor

+ Home Features

Other Equipment: Range/Oven

+ Display Complete School Details

Twenty-Eighth Street Elementary School is a public elementary school located approximately 0.2 miles away.
Map directions

John Adams Middle School is a public middle school located approximately 0.6 miles away.
Map directions

Nava College Preparatory Academy is a public high school located approximately 1 miles away.
Map directions

St. Turibius Elementary School is a private elementary and middle school located approximately 0.9 miles away.
Map directions