4220 W Adams, Los Angeles, CA 90018
4220 W Adams, Los Angeles, CA 90018
4220 W Adams, Los Angeles, CA 90018
4220 W Adams, Los Angeles, CA 90018
4220 W Adams, Los Angeles, CA 90018
4220 W Adams, Los Angeles, CA 90018
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Courtney Valletta

Courtney Valletta

+1(916) 705-5454
$ 3,950,000
Est. payment | /mo

12 Beds

8 Baths

7,503 Sqft Lot

Save Virtual Tour
$ 3,950,000
Est. payment | /mo
Save Virtual Tour

12 Beds

8 Baths

7,503 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID BB26177684

Bedrooms 12

Lot Size 7,503 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

4220 W. Adams Blvd is an exceptional opportunity to acquire a fully stabilized 11-unit apartment community in the heart of rapidly transforming Mid-City. Comprised of one beautifully renovated Spanish-style building and a newly constructed five-unit apartment building, this turnkey asset offers investors immediate cash flow with approximately $344,160 in gross annual income and an attractive 6.55% cap rate. The property features an ideal mix of five spacious three-bedroom units and six one-bedroom units, all thoughtfully designed with modern finishes including sleek kitchens, designer bathrooms, in-unit washer/dryers, central HVAC or mini-splits, and many units with private balconies. All utilities are separately metered, helping keep operating expenses low while creating a truly low-maintenance investment. Ideally located just minutes from Culver City, West Adams, and the Metro Expo Line, the property benefits from strong rental demand driven by nearby tech and media employers including Amazon, Sony, Apple, and HBO. Residents enjoy convenient access to some of Los Angeles' most popular restaurants, cafs, and entertainment destinations, while the surrounding neighborhood continues to experience significant redevelopment and investment. This highly desirable location continues to attract young professionals seeking modern housing with convenient access to the Westside, Downtown Los Angeles, and the city's major employment hubs. With its prime location, turnkey condition, strong in-place financials, and excellent long-term growth potential, 4220 W. Adams Blvd presents an outs

Location

State CA

County Los Angeles

Zoning Builder

Direction From the I-10 Freeway, exit La Brea Avenue and head south. Turn left on W Adams Boulevard and continue east to 4220 W Adams Boul

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 5051005010

Virtual Tour https://www.myunits.com/buy/4220adams

MLS Router / San Diego MLS
Listed by Lauren Cearley, DRE#02146823 Myunits.com Inc. 

Nearby Locations

Courtney Valletta

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(916) 705-5454

info@vallettawoodsgroup.com

1420 Kettner Blvd Suite 100, Diego, California 92101, United States

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4220 W Adams