1256 W Adams Blvd
1256 W Adams Blvd
1256 W Adams Blvd
1256 W Adams Blvd
1256 W Adams Blvd
1256 W Adams Blvd
1256 W Adams Blvd
1256 W Adams Blvd
1256 W Adams Blvd
1256 W Adams Blvd
1256 W Adams Blvd
1256 W Adams Blvd
1256 W Adams Blvd
1256 W Adams Blvd
1256 W Adams Blvd
1256 W Adams Blvd
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1256 W Adams Blvd
1256 W Adams Blvd
1256 W Adams Blvd
1256 W Adams Blvd
1256 W Adams Blvd
1256 W Adams Blvd
1256 W Adams Blvd
1256 W Adams Blvd
1256 W Adams Blvd
1256 W Adams Blvd
1256 W Adams Blvd
1256 W Adams Blvd
1256 W Adams Blvd
1256 W Adams Blvd
1256 W Adams Blvd
1256 W Adams Blvd
Sold

1256 W Adams Blvd

1256 W Adams Blvd, Los Angeles, CA 90007

$3,850,000
We are pleased to offer the opportunity to acquire this turnkey Student Housing Portfolio consisting of three (3) fully updated and remodeled houses. Each house has its own APN, and is 100% occupied with USC students, 1-year lease agreements, and also parent guaranteed. The investment is well positioned, located in the DPS Patrol Zone, and walking distance to the USC campus & Village. Expenses are extremely light as the tenants pay for all water, trash, gas, and electricity. 1256 W. Adams is comprised of an updated and fully remodeled 9-bedroom + 5-bathroom House. This three-story beauty offers classic wood floors, a huge living room and dining area, perfect for communal living and gatherings. The house features quartz counter tops, stainless steel appliances, large flat screen TVs, washer & dryer, an outdoor common area with a barbecue grill and 6-8 person hot tub. This house is currently rented for $14,500/month. 1258 W. Adams was newly constructed in 2020 (non-rent control) and consists of a spacious 3-bedroom + 3-bathroom house. This house is currently rented for $5,500/month. 1260 W. Adams was newly constructed in 2020 (non-rent control) and consists of a spacious 3-bedroom + 3-bathroom house. This house is currently rented for $5,500/month. Amenities include washer & dryer, stainless steel kitchen appliances, air conditioning, tiled showers. Current 6% Cap Rate - $25,500/month

15
beds

11
baths

5,103 Sq.Ft. LIVING AREA

7,262 Sq.Ft. lot

Davis Saadian

Davis Saadian

Features & Amenities

Interior

  • total bedrooms15
  • Total bathrooms11

Area & Lot

  • Status Sold
  • Living Area5,103 Sq.Ft.
  • Lot Area7,262 Sq.Ft.
  • MLS® ID21-763542
  • TypeMulti-Family
  • YEAR BUILT2020

Exterior

  • STORIES3
  • parkingAssigned, Covered Parking
  • HEAT TYPEOther
  • AIR CONDITIONINGAir Conditioning, Other
  • other exterior FeaturesNone

Financial

  • Sales Price$3,850,000
  • Zoning LAR4

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The Davis Saadian Group is the technology, and experience driven real estate group that will get you started. Buying a house or putting your property for sale starts with The Davis Saadian Group.

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