Los Angeles, CA 90011,1325 E Adams BLVD
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Los Angeles, CA 90011,1325 E Adams BLVD
Los Angeles, CA 90011,1325 E Adams BLVD
Los Angeles, CA 90011,1325 E Adams BLVD
Los Angeles, CA 90011,1325 E Adams BLVD
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Rick J Lee

Rick J Lee

+1(714) 943-1598
$ 1,160,000
Est. payment /mo
Save
Price Dropped by $30K

1325 E Adams BLVD Los Angeles, CA 90011

7 Beds

6 Baths

2,838 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,838 sqft

Price per Sqft $408

MLS Listing ID 25629157

Bedrooms 7

HOA Y/N No

Year Built 1924

Lot Size 6,316 Sqft

Property Description

3rd Price Reduction! 6-unit value-add building with 12 parking spaces cash flowing at a 5.75% Cap Rate from day 1 with upside to a 10.9% Cap on Proforma! Almost RTI plans to add 6 detached ADUs to achieve an incredible 12.6% Current Cap Rate, 15.9% Proforma Cap, and only 152k/unit after taking into account all the construction costs (~670k assuming $250/SF). 3 units have been renovated and boast updated cabinets, flooring, kitchen, bathrooms, exterior improvements, newer roof, new windows for all units, and more. Individually metered for gas, electricity, and tenants pay their own trash further minimizing the operating expenses. Prime location just minutes away from Downtown LA, USC, BMO Stadium, George Lucas' Billion Dollar Museum, and Exposition Park where 2028 Olympics will be held!

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning LARD1.5

Interior

Heating Wall Furnace

Fireplace No

Exterior

Parking Features Gated

Total Parking Spaces 9

Building

Story 2

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5118009019

Special Listing Condition Standard

CRMLS – RECore
Listed by Julio Ruiz Global Platinum Properties, Inc.

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Kipp Comienza Community Preparatory

    Public | KG - 4

  • 9

    Equitas Academy Charter

    Public | KG - 5

  • 9

    Kipp los Angeles College Preparatory

    Public | 5 - 8

  • 8

    Hoover Street Elementary

    Public | KG - 5

  • 8

    Global Education Academy

    Public | KG - 5

  • 8

    Synergy Charter Academy

    Public | KG - 5

  • 8

    Celerity Dyad Charter

    Public | KG - 8

  • 7

    Aspire Juanita Tate Academy

    Public | KG - 6

  • 7

    Equitas Academy Charter #2

    Public | 5 - 8

  • 6

    Menlo Avenue Elementary

    Public | KG - 5

  • 6

    Downtown Value

    Public | KG - 8

  • 6

    Thirty-Second Street Usc Performing Arts

    Public | KG - 12

  • 6

    Center for Advanced Learning

    Public | KG - 5

  • 6

    20th Street Elementary School

    Public | KG - 5

  • 6

    Aspire Titan Academy

    Public | KG - 5

  • 5

    Dr. Theo. T. Alexander Jr., Science Center

    Public | KG - 5

  • 5

    Accelerated

    Public | KG - 8

  • 5

    Accelerated Elementary Charter

    Public | KG - 6

  • 5

    Camino Nuevo Charter Academy

    Public | KG - 8

  • 5

    Dolores Huerta Elementary School

    Public | KG - 5

Middle Schools 20
  • 7

    Alliance Gertz-Ressler Richard Merkin 6-12 Complex

    Public | 6 - 12

  • 6

    New Designs Charter

    Public | 6 - 12

  • 6

    Aspire Pacific Academy

    Public | 6 - 12

  • 6

    Hollenbeck Middle School

    Public | 6 - 8

  • 5

    Synergy Kinetic Academy

    Public | 6 - 8

  • 5

    Aspire Centennial College Preparatory Academy

    Public | 6 - 8

  • 5

    Walnut Park Middle School - STEM Academy

    Public | 6 - 8

  • 4

    Alliance College-Ready Middle Academy No. 12

    Public | 6 - 8

  • 4

    John Adams Middle School

    Public | 6 - 8

  • 4

    Thomas Alva Edison Middle School

    Public | 6 - 8

  • 4

    Dr. Julian Nava Learning Academy - School of Business & Tech

    Public | 6 - 8

  • 3

    Animo Jefferson Charter Middle School

    Public | 6 - 8

  • 2

    Bethune Middle School

    Public | 7 - 8

  • 1

    John Muir Middle School

    Public | 6 - 8

  • 1

    William Jefferson Clinton Middle School

    Public | 6 - 8

  • 1

    John Liechty Middle School

    Public | 6 - 8

  • 1

    Los Angeles Academy Middle School

    Public | 6 - 8

  • 1

    Sal Castro Middle School

    Public | 6 - 8

  • 1

    George Washington Carver Middle School

    Public | 6 - 8

  • 1

    Dr. Julian Nava Learning Acads-School of Arts and Culture

    Public | 6 - 8

High Schools 20
  • 9

    Alliance Dr. Olga Mohan High School

    Public | 9 - 12

  • 9

    Francisco Bravo Medical Magnet High School

    Public | 9 - 12

  • 8

    Wallis Annenberg High School

    Public | 9 - 12

  • 8

    Alliance College-Ready Academy High No. 5

    Public | 9 - 12

  • 8

    Orthopaedic Hospital

    Public | 9 - 12

  • 8

    Alliance Huntington Park College-Ready Academy High School

    Public | 9 - 12

  • 8

    Math, Science, & Technology Magnet Academy at Roosevelt High School

    Public | 9 - 12

  • 7

    Animo Jackie Robinson High School

    Public | 9 - 12

  • 7

    Alliance College-Ready Academy High No. 16

    Public | 9 - 12

  • 7

    Student Empowerment Academy

    Public | 9 - 12

  • 7

    Ramon C. Cortines School of Visual and Performing

    Public | 9 - 12

  • 7

    Linda Marquez High School - Libra Academy

    Public | 9 - 12

  • 6

    Usc Hybrid High School

    Public | 9 - 12

  • 6

    Animo Ralph Bunche High School

    Public | 9 - 12

  • 6

    Linda Marquez High School - Huntington Park Institute of Applied Medicine

    Public | 9 - 12

  • 5

    Belmont Sh-la Teacher Preparatory Academy

    Public | 9 - 12

  • 5

    Camino Nuevo Charter High School

    Public | 9 - 12

  • 5

    Public Service Community High School - Diego Rivera Learning Complex

    Public | 9 - 12

  • 5

    Linda Marquez High School - School of Social Justice

    Public | 9 - 12

  • 5

    Boyle Heights STEM High School

    Public | 9 - 12

School and business data provided by Attom Data.
Rick J Lee

Rick J Lee

Agent | License ID: 02130981

+1(714) 943-1598

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1325 E Adams BLVD