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Jenn Smart

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1325 E Adams Boulevard , Los Angeles, CA 90011
$1,025,000
Est. Payment: $2,277.78/mo
7 Bed
6 Bath
2838 Sqft
0.14 Acres
Status: active | Days on site: 8
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CLW-X82397 - CLW-C120232,CLW-C131070
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House Description

Huge ~275k Price Reduction! 6-unit value-add building with 12 parking spaces priced at only $170k/unit and cash flowing at a 6.75% Cap Rate from day 1 with upside to an 11% Cap on Proforma! Fully Approved RTI plans to add 6 detached ADUs to achieve an incredible 12.7% Current Cap Rate, 15.5% Proforma Cap, and only $141k/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!

Highlights

Listed by Armin Soleimani , 310-666-2246 and Julio Ruiz , 818-524-0706 Global Platinum Properties, Inc. , 424-394-1030. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.14

Year Built

1924

County

Los Angeles

Area

C42 - Downtown L.A.

Listing ID

26104106

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:7
  • ▪ Bathrooms:6

Exterior Features

Lot:No Land Lease
Lot Dimensions:50x126
Garage Capacity:12
Zoning:LARD1.5
Others:
  • ▪ Additional:2+ Total Units
Parking Features:Gated
Principal Interest
$2,278
Taxes
$653

Home Price

$1,025,000

Loan Details

30 yrs
0%

Down Payment

20%
$205,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,277.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,277.78 $653.44 $0.00 $2,931.22
Yearly $27,333.33 $7,841.25 $0.00 $35,174.58
Total $820,000.00 $235,237.50 $0.00 $1,055,237.50
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So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-15T17:36:11.000Z

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