31
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$1,775,000
Est. payment /mo
16 Baths
8,540 SqFt
Price Dropped by $175K
225 W Adams Blvd Los Angeles, CA 90007
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 8,540 sqft
Price per Sqft $207
MLS Listing ID 25579441
Year Built 1923
Lot Size 0.282 Acres
Acres 0.2823
Property Sub-Type Multi-Family
Property Description
Prime opportunity to acquire a 16-unit apartment building in the heart of rapidly transforming West Adams. A thriving neighborhood attracting strong investor interest and tenant demand. The property offers stable cash flow today and substantial upside through unit renovations, rental increases, or future redevelopment. Value-Add Play: Renovate interiors to capture higher market rents in a high-demand micro-market. 3 Units Delivered Vacant Redevelopment Potential: LAM1 zoning in an Opportunity Zone offers flexibility for future mixed-use, adaptive reuse, or expansion (verify with City of LA). Strong Location Fundamentals: West Adams continues to see rapid rent growth and neighborhood revitalization, driven by proximity to Culver City, DTLA, and the Expo Line.This property is well-suited for investors seeking immediate cash flow with multiple exit strategies. Buy, renovate, and hold for long-term appreciation, or reposition for higher and better use.
Location
State CA
County Los Angeles
Area Downtown L.A.
Zoning LAM1
Exterior
Garage Spaces 22.0
Building
Story 2
Others
Special Listing Condition Standard
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Listed by Compass
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