1166 E Adams Blvd

Los Angeles CA 90011

2299 sq. ft.

6236 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

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

5 bedrooms

3 bathrooms

2299 sq. ft. floor area

6236 sq. ft. lot size

Multi-Family

Property history for 1166 E Adams Blvd

2019

Rented

Undisclosed

29 Apr 2019 by Keller Williams Larchmont

2018

Sold

$445,000

26 Oct 2018 by Leonard Cross, of The Service Company Realty

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