1166 Adams Boulevard , Los Angeles, CA - 90011 is For Sale

$895,000· Income property

Description

ADU Delivered with Permit and Vacant. Tenants pay all utilities! Explore a lucrative investment with this strategically located 2 unit with ADU income property; situated just south of Downtown Los Angeles (DTLA). Perfectly positioned, this property is a short 6-minute drive to USC, making it an attractive option for students and professionals alike. Each of the three units offers a spacious layout with 2 bedrooms and 1 full bath. The front building was fully reimagined in 2019, featuring contemporary upgrades that include modern kitchens with stainless steel appliances, stylish bathrooms, and fresh flooring throughout. The back building has been expertly converted from a garage into a comfortable 2-bedroom, 1-bathroom unit, also fully renovated in 2019. This unit provides additional rental potential and complements the front building's appeal. Enjoy the convenience of being just minutes away from FWY, USC, and DTLA, with easy access to public transportation, shopping, dining, and entertainment. This location is highly desirable for renters seeking proximity to major urban amenities. Tenants pay all utilities. This property presents an excellent investment opportunity with its recent renovations, high-demand location, and stable rental income. Whether you're looking for a steady income stream or long-term appreciation, this property delivers. Photos are from before tenants moved in.

Features

MLS#: 25530401
List Price : $895,000
Total Units : 3
Sq M : 579 M2
Year Built : 1905
Days on market : 37 Days
Gross taxes : N/A
Address : 1166 Adams Boulevard
City : Los Angeles
State : CA
Zip Code : 90011
Neighborhood : N/A
Stories : 1
Parking Features : Concrete, Paved
Sale Type : Standard
 
Property Type : Residential Income
Original List Price : $895,000
Acres : 0.1432
Lot Size (Acres) : 0.1432
Sewer : Sewer Paid
Parking Features : Concrete, Paved
Security Safety : Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
Interior Features : Ceiling Fan(s)
Cooling : Wall/Window Unit(s)
Driving Directions : On E Adams Blvd, between S Central and Naomi Ave
 
Courtesy of : Tiffany Sung Park , Keller Williams Larchmont

Location

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