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Listed by Van Hamilton, DRE #02160347 • Jennings Realty
$2,100,000
Est. payment /mo
14 Beds
5 Baths
4,266 SqFt
New
1335 1337 E Adams Los Angeles, CA 90011
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,266 sqft
Price per Sqft $492
MLS Listing ID CRSR26157423
Bedrooms 14
Full Baths 5
Year Built 1904
Lot Size 6,743 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
High-Yield 14-Bedroom Co-Living Portfolio Near USC & DTLA. This 14-bedroom multi-family portfolio offers an exceptional footprint for investors targeting high-density housing and co-living strategies in Los Angeles. Comprising four large-scale units distributed across two detached buildings, the property provides an efficient bedroom-to-unit ratio situated minutes from the University of Southern California (USC), Downtown LA, and major transit corridors. Unlike standard modern speculative builds, the asset provides a durable foundation tailored for high-occupancy rental use: . Front Building (Historic Integrity): Verified as built in 1904 by master builder Frederick Rufus Black as his personal residence. This structure contains two massive 4-Bedroom units (one 4-bed/1-bath and one 4-bed/2-bath), featuring the expansive spatial layouts and structural character typical of the era. . Back Building (Modern Turnkey): Comprises two 3-Bedroom, 1-Bathroom units, which were completely remodeled from the studs up in 2022. The property delivers immediate, stable cash flow with highly predictable operational overhead: . Front Units (Two 4-Bed Layouts): Currently generating a combined $4,000/month. (much lower than the market rate). . Back Units (Two 3-Bed Layouts): Rented at $2,
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Rooms
Kitchen Oven Range - Gas, Oven - Gas
Interior
Heating Wall Furnace
Cooling Window / Wall Unit
Fireplaces Type None
Exterior
Parking Features Other, Parking Area
Fence Other, 3
Pool None
View None
Roof Type Flat / Low Pitch
Building
Lot Description Grade - Level
Story Split Level
Water District - Public
Others
Tax ID 5118009021
Special Listing Condition Not Applicable
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