$3,895,000
Estimated Payment$18,395/mo
Multi-Family For Sale
Price Drop -$100,000

3807 W Adams Blvd, Los Angeles, CA 90018

22Beds
13Baths
9,778Sq. Ft.
2-Story Multi-Family Home In Jefferson Park

Current 4.5% Cap Rate + 33% Rental Upside + Build 2 Adu's + a R3 double lot! 3807 W. Adams is a trophy asset that provides Day 1 cash flow + a value-add component + the ability to build Adus - plans are in process. Built in 1939, the building features an incredible unit mix of (5) 1 Bed/1 Bath units, (4) 2 Bed/1 Bath units (two units renovated), (2) 3 Bed/1 Bath units, and (1) 3 Bed/2 Bath unit (renovated), 6 double car garages in the back totaling 12 spaces, and on- site laundry facilities. The property is being delivered fully occupied and will yield 11.02 Grm with rents at market. Fueled by the Expo Line expansion, and spillover from neighboring tech hot spots, West Adams is "the future more than any other place in the market", according to TheRealDeal.com. The property presents a rare opportunity for investors to acquire a cash-flowing asset that has the potential to yield a 6.49% cap rate upon stabilization and a 8.28% cap rate with Adus completed.

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3807 W Adams Blvd
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Listing Agent
Elijah Korobkin
Central Realty Advisors IncLicense # 01897085
Los Angeles, CA
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$3,895,000

22 Beds13 Baths9,778 Sq. Ft.

3807 W Adams Blvd

Los Angeles, CA 90018

Elijah Korobkin
Central Realty Advisors Inc