Prime opportunity to acquire a 16-unit apartment building in the heart of rapidly transforming West Adams. A thriving neighborhood attracting strong investor interest and tenant demand. The property offers stable cash flow today and substantial upside through unit renovations, rental increases, or future redevelopment. Value-Add Play: Renovate interiors to capture… Read More higher market rents in a high-demand micro-market. 3 Units Delivered Vacant Redevelopment Potential: LAM1 zoning in an Opportunity Zone offers flexibility for future mixed-use, adaptive reuse, or expansion (verify with City of LA). Strong Location Fundamentals: West Adams continues to see rapid rent growth and neighborhood revitalization, driven by proximity to Culver City, DTLA, and the Expo Line.This property is well-suited for investors seeking immediate cash flow with multiple exit strategies. Buy, renovate, and hold for long-term appreciation, or reposition for higher and better use. Read Less
Courtesy of Compass 310-230-5478
Listing Snapshot
Days Online
30
Last Updated
Property Type
Other
Square Ft.
8,540
Lot Size
0.28 Acres
Year Built
1923
MLS Number
25579401
30 Days Snapshot Of 90007
$743k
0%
(avg) sold price
0
-100%
homes sold
92
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Washer, Dryer
Building
8,540 sq ft, Built in 1923, Levels: Two
Cooling
None
Disclosures
As Is
Garage
Gated
Heating
Wall Gas
Lot
LotAcreage: 0.2823, LotSizeArea: 12,295
Parking
TotalParking: 22
Property
NumberOfUnits: 16, Zoning: LAM1
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