tomo logo

$849,000

Beds
6
sq ft
2,299

1166 E Adams Blvd, Los Angeles, CA 90011

1166 E Adams Blvd

Los Angeles, CA 90011

  • 121 days on market
Buyer didn't perform. 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. With its recent renovations, high-demand location, and stable rental income, this property presents an excellent investment opportunity. Whether you're looking for a steady income stream or long-term appreciation, this property delivers. Photos are before tenants moved in.

Details

Property type

Property condition

Updated/Remodeled

Lot size

6,236 sq ft

Price per sq ft

$370

Year built

1905

HOA

No

Price History

01/10/2025
CLAW

CLAW #24436503

Price change
$849,000
+6.26%
12/15/2024
CLAW

CLAW #24436503

Pending
$799,000
10/12/2024
CLAW

CLAW #24436503

Price change
$799,000
-8.06%

Schools & Community

Neighborhood: 

Central City

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Status: Active

Tomo last checked: 01/12/2025 at 1:35 AM

Listing updated: 01/10/2025 at 11:55 AM

Listed by: Tiffany Sung Park, Keller Williams Larchmont Phone #: (323) 762-2600

MLS: CLAW #24436503

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