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$850,000   Price Analysis
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634 E Adams Blvd
Los Angeles, CA 90011
6 bed 6 bath 4,188 SqFt ($202/SqFt)
8,572SqFt lot. Built 1912
Listed 2024-03-22, Taxes $2,106
Ⓧ USDA Ineligible
due to price & location

near Nevin

Must be sold with 218 E.

* No Longer For Sale *
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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 Elctricity. Situated near University of Southern C alifornia, Restaurants, Crypto.com Arena, BMO Stadium, LA Fashion District, Shopping, 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 do not disturb tenants. Must be sold with 218 E. 27th St.


Presented by Michael Pesci at
Keller Williams Realty-Studio City.


Property MLS #24-371643 from TheMLSCLAW

Bedrooms: 6

Total Bathrooms: 6
Full Bathrooms: 6

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

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

Association: No
Calculated Total Monthly Association Fees: 0

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

Source Listing Status: Sold
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

YearAssessments
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

Sold 2024-07-31
$725,000
TheMLSCLAW
Price Changed 2024-05-30
$850,000
TheMLSCLAW
Listed 2024-03-22
$950,000
TheMLSCLAW

Net Operating Income: 41125

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

Other Equipment: Range/Oven

Twenty-Eighth Street Elementary School is a public elementary school located approximately 0.2 miles away.
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John Adams Middle School is a public middle school located approximately 0.6 miles away.
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Nava College Preparatory Academy is a public high school located approximately 1 miles away.
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St. Turibius Elementary School is a private elementary and middle school located approximately 0.9 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.