630 E Adams Boulevard, Los Angeles, CA 90011 - Berkshire Hathaway HomeServices California Properties

630 E Adams Boulevard, Los Angeles, CA 90011

$3,700,000 Approx. USD 0 beds, 0 baths

Listing Agent


Drew Dunn | drewdunn25@gmail.com
Lic#: 01941825
Broker: Courtesy of Four Brothers Real Estate, Inc.

Agent Remarks

Discover an exceptional investment opportunity with this stunning new construction, green-certified six-unit building in the heart of Los Angeles. The building features a diverse mix of two 4-bedroom, 3-bath units; two 4-bedroom, 4-bath units; and two 3-bedroom, 3-bath units. Each unit is meticulously designed with open floor plans, spacious living and dining areas, gourmet kitchens equipped with stainless steel appliances, quartz countertops, and stylish cabinetry. Additional highlights include private yards, in-unit laundry, central HVAC, and sleek, modern bathrooms with premium fixtures. Ample closet space and high-end, durable finishes complete these thoughtfully designed units, built to attract tenants and minimize maintenance costs. Currently fully occupied, the property delivers a strong 5.83% cap rate in year one, with projections increasing to 6.12% in year two due to built-in rent escalations. Adding to the investment’s appeal is the potential to convert two garages into Accessory Dwelling Units (ADUs), creating two additional 2-bedroom units with custom amenities such as kitchens, bathrooms, and living spaces. This value-add opportunity could unlock a potential 7.5% cap rate, further enhancing the already impressive cash flow. With each unit separately metered, landlords avoid utility expenses, boosting profitability. The property’s prime location enhances its value and tenant appeal. Located less than 1.3 miles from USC’s West Entrance and 1.8 miles from the Los Angeles Memorial Coliseum and LAFC Stadium, the building benefits from proximity to key city landmarks and vibrant attractions. Boasting an 85 Walk Score, tenants enjoy easy access to freeways, public transportation, and nearby shopping, dining, and entertainment. The neighborhood’s thriving rental market ensures long-term appreciation and consistent occupancy. Investors also gain peace of mind with a 1-year builder warranty, while the green-certified construction offers energy efficiency and reduced tenant utility costs. The property includes 12 parking spaces (8 covered garage spots and 4 uncovered), a rare and desirable feature in Los Angeles. Best of all, this property is exempt from rent control, allowing for maximum rental income and flexibility. Whether expanding your portfolio or seeking a high-performing investment, this property offers unmatched financial benefits, modern amenities, and strong market potential.

Listing Details

Property type: Townhouse (Multi-Family)
Status: Active
MLS# OC24234576
Price: $3,700,000
HOA Fee is $0.00
Beds: 0
Baths: 0
None fireplaces
Built in 2024
0.19 acres
Lot size: 0.1947
County: Los Angeles
Property style: Modern
Zoning: LARD1.5
Construction: Drywall,Stucco,Vinyl Siding
Exterior features: Rain Gutters
Appliances: Convection Oven,Dishwasher,Electric Range,Disposal,Refrigerator,Range Hood,Trash Compactor,Vented Exhaust Fan,Water Heater
Lot description: ZeroToOneUnitAcre
Heating/cooling: Central Air
Heating description: Central
MLS area: 699 - Not Defined

Last Updated: 5/13/2025

 Days On Market (DOM): 239

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This listing belongs to the 699 - Not Defined MLS area

The style of this listing is Modern.
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Lat/Long: 34.021684, -118.262421.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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