Prime opportunity to acquire a 16-unit apartment building in the heart of rapidly transforming West Adams. A thriving neighborhood attracting strong investor interest and tenant demand. The property offers stable cash flow today and substantial upside through unit renovations, rental increases, or future redevelopment. Value-Add Play: Renovate interiors to capture higher market rents in a high-demand micro-market. 4 Units Delivered Vacant Redevelopment Potential: LAM1 zoning in an Opportunity Zone offers flexibility for future mixed-use, adaptive reuse, or expansion (verify with City of LA). Strong Location Fundamentals: West Adams continues to see rapid rent growth and neighborhood revitalization, driven by proximity to Culver City, DTLA, and the Expo Line.This property is well-suited for investors seeking immediate cash flow with multiple exit strategies. Buy, renovate, and hold for long-term appreciation, or reposition for higher and better use.
Details
MLS #
25579401
Listing Type
For Sale
Sub-Type
Resale
Status
Active
Year
1923
Days On Site
398
Listing Provided By
Compass | George Morales
Features
Bath(s)
16
SQ Feet
8,540
Story(s)
2
Units
16
Building(s)
1
Zoning
LAM1
Acreage
0.28
Interior
Cooling
None
Cooling Yes / No
No
Appliances
Dryer, Washer
Parking
Parking Features
Gated
Area Information
State
CA
County
Los Angeles
City
Los Angeles
Zip Code
90007
Area
C42 Downtown L.A.
Sourced by Back At You
MLS#: 25579401 Listed By: George Morales - Compass - 3102305478-
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MLS#: 25579401 Listed By: George Morales - Compass - 3102305478-