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

$950,000
  • 7 Beds
  • 6 Baths
  • 4,188 Sq.Ft.
For Sale
$950,000 Get Pre-Qualified

Map preview of 634 E Adams Blvd, Los Angeles, CA 90011

Property Overview: 634 E Adams Blvd Los Angeles, CA has 7 bedrooms, 6 bathrooms, 4,188 living square feet and 8,572 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Must be sold with 218 E. 27th St. First time on market in over 40 years! Investors choice with Tremendous Upside! Six (6) Units comprised of Five (5) - 1 Bedroom + 1 Bathroom and One (1) - 2 Bedroom + 1 Bathroom units. Located within minutes of Down Town Los Angeles. Individually metered for Gas and Electricity. Situated near University of Southern California, Restaurants, Crypto.com Arena, BMO Stadium, LA Fashion District, Shopping, The Flower District, Downtown LA, and the LA Convention Center, this property is offers the astute investor immediate cash-on-cash returns with amazing rental upside potential. Drive By Only - please do not disturb tenants. Must be sold with 218 E. 27th St.

Listed by Michael Pesci | BRE #01274379 | Keller Williams Studio City
Co-listed by James Antonucci | BRE #01822661 | Keller Williams Realty-Studio City
Last checked: 2 minutes ago | Last updated: April 6th, 2024 | Source CRMLS | DOM: 42
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Home details

Lot Sq. Ft
8,572
HOA Dues
$0/mo
Year built
1912
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24371643
City
Los Angeles
County
Los Angeles
Time on Site
51 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 5
Unit Breakdown 1
  • # of Units: 5
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $926
  • Total Rent: $4,629
  • Pro Forma/Market Rent: $8,750
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,083
  • Total Rent: $2,125
  • Pro Forma/Market Rent: $2,125
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 13.86
  • Gross Scheduled Income: --
  • Net Operating Income: $36,993
  • Gross Operating Income: $66,488
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 634 E Adams Blvd

Interior Features
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 6
  • Parcel Number: 5128011004
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Located on East Adams Blvd., between San Pedro and Main St.
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Sale History for 634 E Adams Blvd

View property's historical transactions
  • March, 2024

  • Mar 21, 2024

    Date

    Active

    CRMLS: 24371643

    $950,000

    Price

Tax History for 634 E Adams Blvd

Assessed Value (2020): $81,552
Year Land Value Improved Value Assessed Value
2020 $34,101 $47,451 $81,552

Home Value Compared to the Market

This property vs the competition

634 E Adams Blvd is listed 23.94% lower than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $226.84 per/sqft which puts the price per square foot 70.69% lower than the median price per square foot for the city of Los Angeles.

About 634 E Adams Blvd

Detailed summary of property

634 E Adams Blvd is a multi family located in Los Angeles, CA 90011 and is currently for sale. This multi family property offers 7 bedrooms, 6 bathrooms, roughly 4,188 living square feet, and sits on an approximately 8,572 square foot lot. 634 E Adams Blvd was first listed on ArdentRealEstateGroup.com on March 22, 2024. The homeowner is currently asking $950,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 23.94% lower than the median priced home. Local competing homes currently for sale include 2507 Hooper, 2507 Hooper Ave and 4024 Woodlawn Ave. While the average home in Los Angeles, CA is selling in 93 days, 634 E Adams Blvd has a days on market of 42 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 634 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 634 E Adams Blvd

Public county record property details
Beds
6
Baths
6
Year built
1912
Sq. Ft.
4,188
Lot Size
8,572
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
5
APN
5128-011-004

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
$650,000
Median List Price/Sq.Ft.
$457
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$405
Total Inventory
40
Median Sale to List Price %
104.76%
Avg Days on Market
54
Loan Type
Conventional (33.33%), FHA (25%), VA (0%), Cash (33.33%), Other (8.33%)

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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.