BUNGALOWS on Adams! We are pleased to present a 6-unit bungalow community located at 634 E Adams consisting of 4 separate two-story bungalow structures and a rear two-story duplex for a total of 5 separate structures. The property currently operates at an 9.67 GRM and 6.45% CAP Rate on current… Read More rents with rental upside potential to a 6.23 GRM and 11.76% CAP Rate on pro-forma rents. The units consist of four (4) one bedroom one-bathroom standalone bungalows and (2) one bedroom one-bathroom units in the rear duplex totaling 4,188 rentable square feet located on an 8,575 square foot LARD1.5 lot. Nearby amenities include Trader Joe's, Superior Grocers, USC, The Coliseum, LAFC, Crypto.com Arena, The Convention Center, and various employment opportunities within the direct vicinity of the property. Contact the listing broker for additional information. Read Less
Property listed by Kidder Mathews of California, Inc., Casey Lins 310-259-7556
Listing Snapshot
Days Online
41
Last Updated
Beds
6
Square Ft.
4,188
Lot Size
0.2 Acres
Year Built
1912
MLS Number
26652465
Additional Details
Building
Built in 1912, Living area: 4188.0, 6 buildings, 2 stories, Levels: Two, Entry level: 1
Disclosures
RentControl
Income
Gross Income: $90,508, Net Operating Income: $56,429
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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