$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 #24436503
Price change
$849,000
+6.26%
12/15/2024
CLAW #24436503
Pending
$799,000
10/12/2024
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
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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