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4117 W Adams Boulevard

Los Angeles (City), CA 90018
  • $2,899,000
  • STATUS: Active Under Contract
  • ON SITE: 32 Days
  • ID#: 21799732
Under Contract
UPDATED: 67 min ago
$2,899,000
  • 0
    BEDS
  • 0.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1940
County:

School Ratings & Info

Listing Agent: Jordan Peikin of Clement Partners Real Estate and Nathan Richards of Nathan Richards


Description

4117 W Adams Blvd is a 12-unit property located in the highly desirable West Adams neighborhood of Los Angeles. The property consists of ten 1+1's, and two studios. Eight of the twelve units have been tastefully renovated, including stainless steel appliances and reimagined kitchens and bathrooms. The property is landscaped with drought tolerant plants, and there is a private outdoor seating area for residents. Additionally, the property has ample parking and is individually metered for gas and electricity. There is also on-site laundry room for added income. Superbly located near the heart of the West Adams commercial corridor, 4117 W Adams Blvd provides residents with many of the great things LA has to offer right outside their front door. The property is central to major employment, freeways, and points of interest alike. Most errands can be accomplished by foot or with a short car ride. Moreover, the property lies a mere 10-minute drive from trendy Downtown Culver City, Downtown Los Angeles, and the University of Southern California. Tenants with young children will enjoy the nearby proximity to a variety of different schools and the 3-minute drive to Benny H. Potter West Adams Avenues Memorial Park. This is an excellent opportunity to acquire an investment property with steady and reliable cash flow with additional future upside.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-05T17:26:19.93. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
www.themarellygroup.com/homes/122983035
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4117 W Adams Boulevard Los Angeles (City), CA 90018

  • Price: $2,899,000
  • Status: Active Under Contract
  • On Site: 32 Days
  • Updated: 67 min ago
  • ID#: 21799732
0
Beds
0
Baths
0
½ Baths
0.3
Acres
1940
Built
Neighborhood:
C16 - Mid Los Angeles
County:
Los Angeles
Area:
C16 - Mid Los Angeles
Property Description
4117 W Adams Blvd is a 12-unit property located in the highly desirable West Adams neighborhood of Los Angeles. The property consists of ten 1+1's, and two studios. Eight of the twelve units have been tastefully renovated, including stainless steel appliances and reimagined kitchens and bathrooms. The property is landscaped with drought tolerant plants, and there is a private outdoor seating area for residents. Additionally, the property has ample parking and is individually metered for gas and electricity. There is also on-site laundry room for added income. Superbly located near the heart of the West Adams commercial corridor, 4117 W Adams Blvd provides residents with many of the great things LA has to offer right outside their front door. The property is central to major employment, freeways, and points of interest alike. Most errands can be accomplished by foot or with a short car ride. Moreover, the property lies a mere 10-minute drive from trendy Downtown Culver City, Downtown Los Angeles, and the University of Southern California. Tenants with young children will enjoy the nearby proximity to a variety of different schools and the 3-minute drive to Benny H. Potter West Adams Avenues Memorial Park. This is an excellent opportunity to acquire an investment property with steady and reliable cash flow with additional future upside.
Exterior Features

Direction Faces South Parking Features Side By SideUncovered Parking Total 10 View City Lights View YN Yes

Interior Features

Appliances Refrigerator Cooling None Cooling YN No Interior Features Ceiling Fan(S)

Property Features

Association Fee 0 Disclosures Rent Control Gross Income 196368 Laundry Features Common AreaLaundry Room Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 128348 New Construction YN No Rent Control YN Yes Senior Community YN No Sewer Other Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning Lar3



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-05T17:26:19.93. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
 
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The Marelly Group | Sentry Residential
5256 South Mission Rd, Suite 1006
Bonsall CA, 92003
Listing Agent: Jordan Peikin of Clement Partners Real Estate and Nathan Richards of Nathan Richards