1475 Adams

Los Angeles, California 90007
For Sale $3,295,000
  • 0.15 acre lot
  • Built 1928
  • Multi-Residential Building
  • MLS# 16146378
  • Status Active

More Property Info for 1475 Adams

Great opportunity for the investor looking for a long-term hold in a fantastic up and coming area. The West Adams district is bulging from gentrification coming on all four corners. Right at the cusp of the price appreciation wave!24 units. Six large 735 SqFt. one-bedroom/one-bathroom units and eighteen enormous 600 SqFt. Single/One-bathroom units. All units are filled with happy tenants!The charming architecture reflects the patience and workmanship of the 1920's. It is in solid condition and has room for rent increases as the tenants rotate.The subject property allows an investor to acquire a one of a kind building with lots of character ona main thoroughfare with great visibility in an in-fill location near DTLA, Koreatown, and inwalking distance to USC.

Property Highlights

  • Los Angeles County
  • Lot: 0.15 acres
  • Built 1928
  • Geo Coordinates: 34.033, -118.294
  • ZIP: 90007
  • Days On Homeswing: 143
  • Cooling: None
  • County Or Parish: Los Angeles
  • Directions: Adams near Vermont
  • Lot Size Acres: 0.15
  • MLS Area Major: C16 - Mid Los Angeles
  • Number Of Buildings: 1
  • Number Of Units Total: 24
  • Parcel Number: 5054027009
  • Parking Features: Street
  • Parking Total: 0.00
  • Stories Total: 4
  • Year Built: 1928
  • Zoning: LAC2

Community Information for 1475 Adams

Schools near 1475 Adams

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Monthly Payment for 1475 Adams

This is an estimated monthly mortgage payment. Your actual financing will vary depending on your lender, local taxes, credit score and other factors.
Loan Type: 30 year fixed at 4.00%
Price: $3,295,000
Down Payment: - $659,000 (20%)
Loan Amount: = $2,636,000
Principal & Interest: +
Property Taxes: + (1.5%)
Homeowner's Insurance: +
Mortgage Insurance - PMI: +
Total Payment: =
20%
Down Payment
4.00%
Rate

Listing Provided by

Ronald Escobar, Century 21 Select

Listing Disclaimer

Based on information from California Regional Multiple Listing Service, Inc. as of 12/11/2016 2:45:06 AM. 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.

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License: 01760623
HomeSwing
License: 02005754
Rapisarda Real Estate
License: 01915989
Heritage Sotheby's International Realty

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