121 E Adams Blvd, Los Angeles, CA 90011
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121 E Adams Blvd Los Angeles, CA 90011

$2,500,000 Sold Price as of 11/04/2022
  • 14 Beds
  • 14 Baths
  • 5,765 Sq.Ft.
Sold
$2,500,000 Sold Price as of 11/04/2022 Refinance Your Mortgage

Map preview of 121 E Adams Blvd, Los Angeles, CA 90011

Property Overview: 121 E Adams Blvd Los Angeles, CA has 14 bedrooms, 14 bathrooms, 5,765 living square feet and 6,701 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Brand New Construction built in 2022! 2 buildings on the lot with 4 units. Front 2-story building has 2 units with 3 bedrooms & 3 bathrooms. Rear 3-story building has 2 units with 4 bedrooms & 4 bathrooms, all are Master Bedrooms. All 4 units EACH have an inside laundry room, Central A/C & Heating, plus their own Solar Panels. Attached 2-car garage plus 6-car open parking space. Total living space is 5,765 sq. ft., plus 575 sq. ft. of garage space. 4 blocks from USC and close to 110 and 10 fwys.

Listed by Maria Moreno | BRE #02014010 | Regional Real Estate
Last checked: 14 minutes ago | Last updated: November 7th, 2022 | Source CRMLS | DOM: 1

Home details

Lot Sq. Ft
6,701
HOA Dues
$0/mo
Year built
2022
Garage
2 Car
Property Type:
Fourplex
Status
Sold
MLS#
DW22200559
City
Los Angeles
County
Los Angeles
Time on Site
661 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 4
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $7,800
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 4
  • # of Baths: 4
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $8,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.21%
  • Gross Rent Multiplier: 13.71
  • Gross Scheduled Income: $189,600
  • Net Operating Income: $150,917
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $38,683
  • New Taxes: $30,940
  • Trash: $0
  • Insurance: $2,100

Property Details for 121 E Adams Blvd

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Inside
Interior Features
  • Levels: Two, Three Or More
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Garage, Parking Space
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 5127037007
  • Year Built Source: Seller
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Between S Broadway & S Main St
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

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Sale History for 121 E Adams Blvd

Last sold for $2,500,000 on November 4th, 2022
  • November, 2022

  • Nov 4, 2022

    Date

    Sold

    CRMLS: DW22200559

    $2,500,000

    Price

  • Sep 15, 2022

    Date

    Active

    CRMLS: DW22200559

    $2,600,000

    Price

  • January, 2021

  • Jan 23, 2021

    Date

    Canceled

    CRMLS: PW20252281

    $699,000

    Price

  • Jan 21, 2021

    Date

    Active Under Contract

    CRMLS: PW20252281

    $699,000

    Price

  • Jan 6, 2021

    Date

    Active

    CRMLS: PW20252281

    $699,000

    Price

  • Jan 6, 2021

    Date

    Pending

    CRMLS: PW20252281

    $699,000

    Price

  • Jan 4, 2021

    Date

    Price Change

    CRMLS: PW20252281

    $699,000

    Price

  • Dec 18, 2020

    Date

    Active

    CRMLS: PW20252281

    $570,000

    Price

  • Dec 6, 2020

    Date

    Coming Soon

    CRMLS: PW20252281

    $570,000

    Price

  • Listing provided courtesy of CRMLS

    CHARMING SPACIOUS BEAUTIFUL 3 BED -2 BA HOME IN THE CITY OF LOS ANGELES 1861 SQFT OF LIVING SPACE. UPON ENTRY YOU WILL IMMEDIATELY NOTICE HOW OPEN THE HOME FEELS WITH HIGH CEILINGS THROUGHOUT THE HOME. LARGE 3 BEDROOMS, SPACIOUS LIVING ROOM, BIG DINING ROOM AND GREAT SIZE KITCHEN WITH EXIT DOOR WHICH LEADS TO BACK PATIO PORCH AND SPACIOUS BACKYARD. THERE IS TWO EXTRA BEDROOMS. LARGE LOT 6700 SQFT LONG DRIVEWAY WITH SPACE FOR 4-5 CARS, SPACIOUS BACKYARD TO ENTERTAIN FAMILY AND FRIENDS. CLOSE TO DOWNTOWN LA LIVE, USC UNIVERSITY, STAPLES CENTER, NEAR SCHOOLS, SHOPPING CENTERS AND TRANSPORTATION. - MINUTES AWAY FROM 10, 110 FWY. DON'T MISS OUT ON THIS GREAT INVESTMENT.

  • September, 2003

  • Sep 29, 2003

    Date

    Sold (Public Records)

    Public Records

    $235,000

    Price

  • November, 2000

  • Nov 28, 2000

    Date

    Sold (Public Records)

    Public Records

    $191,000

    Price

Show More

Tax History for 121 E Adams Blvd

Assessed Value (2020): $305,498
Year Land Value Improved Value Assessed Value
2020 $175,110 $130,388 $305,498

Home Value Compared to the Market

This property vs the competition

121 E Adams Blvd sold on November 4, 2022 for 104.08% higher than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $451 per/sqft which puts the price per square foot 42.98% lower than the current median sale per square foot for the city of Los Angeles.

About 121 E Adams Blvd

Detailed summary of property

121 E Adams Blvd is a fourplex that recently sold in Los Angeles, CA 90011. This fourplex offered 14 bedrooms, 14 bathrooms, roughly 5,765 living square feet, and sits on an approximately 6,701 square foot lot. 121 E Adams Blvd was first listed on ArdentRealEstateGroup.com on September 15, 2022. The homeowner sold the property for $2,500,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 104.08% higher than the current median priced home. Local homes that are currently for sale include 1215 Elden Ave, 1146 S Elden Ave and 4529 S Vermont Ave. While the average home in Los Angeles, CA is selling in 102 days, 121 E Adams Blvd has a days on market of 1 days. There are currently 3917 homes for sale in the Los Angeles real estate market and 2621 of them are single family homes while 1181 of them are condos and 107 are townhomes. For more information on this home for sale at 121 E Adams Blvd Los Angeles, CA 90011 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 121 E Adams Blvd

Public county record property details
Beds
3
Baths
1
Year built
1901
Sq. Ft.
1,861
Lot Size
6,700
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
10,11
APN
5127-037-007

The source for these homes facts are from public records.

90011 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$649,000
Median List Price/Sq.Ft.
$493
Median Sold Price
$670,000
Median Sold Price/Sq.Ft.
$485
Total Inventory
47
Median Sale to List Price %
111.69%
Avg Days on Market
8
Loan Type
Conventional (16.67%), FHA (33.33%), VA (0%), Cash (0%), Other (33.33%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.