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3812 W Adams Blvd, Los Angeles, CA 90018
$1,600,000
3812 W Adams Blvd, Los Angeles, CA 90018View this property at 3812 W Adams Blvd, Los Angeles, CA 90018
3812 W Adams BlvdLos AngelesCA90018
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Property Description
We are pleased to present an exceptional investment opportunity at 3812 West Adams Boulevard in the thriving West Adams District of Los Angeles, CA. This well-maintained 8-unit apartment building, constructed in 1940, consists of six spacious 1-bedroom/1-bath units and two singles spanning 5,321 square feet, sitting on an expansive 15,338 square foot R3-zoned lot offering the potential for long-term redevelopment. Well-manicured outdoor common areas, ample parking, and 7 covered garages contribute to its tenant attraction. Notably, there is significant rental upside potential, with the opportunity to increase income by almost 50%, and one unit will be delivered vacant. One of the property's standout features is its central location, providing easy access to many of LA's busiest surrounding submarkets. It benefits from excellent transportation connectivity, with major highways and public transportation options, making commuting convenient for residents and appealing to potential tenants.
Full Property Details
Full Property Details for 3812 W Adams Blvd
General
- Sold For: $1,600,000
- Status: Closed
- Type: Multi-Family
- MLS ID: 23-330029
- Added to Site: 190 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 8
Bedrooms
- Total Bedrooms: 8
Additional Information
- Other Features: None
Parking
- Covered Spaces: 7
- Garage Description: Covered Parking
Location
- Area: Mid Los Angeles
- County: Los Angeles
- Driving Directions: See Google Maps
School Information
- School District: Los Angeles Unified
Heating & Cooling
- Cooling Type: Other
- Heating Type: Other
Utilities
- Water: Public
Structural Information
- # Buildings: 1
- Common Walls: Attached
- Stories/Levels: 2
- Square Feet: 5,321
- Sq. Ft. Source: Assessor
- Year Built: 1940
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 8
- Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112
Unit 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Total Bathrooms: 1
- Bedrooms: 1
Unit 5
- Total Bathrooms: 1
- Bedrooms: 1
Unit 6
- Total Bathrooms: 1
Unit 7
- Total Bathrooms: 1
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.3522
- Lot Size: 15343
- Lot Size Source: Assessor
- Zoning: LAR3
Financial Considerations
- Price Per Sq. Ft.: $304.45
- Assessment Year: 1940
- Tenant Pays: ADA Upgrades
Disclosures and Reports
- Disclosures/Reports: Trust/Conservatorship
- APN: 5051-003-002
Listed by The CREM Group, Mark Cianciulli
Sold by Non-Participant Office, Subscriber Non
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Schools
Schools serving 3812 W Adams Blvd
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
3109 6th Ave, Los Angeles, CA 90018 | K-5 | 0.4 mi | |
4066 W Johnnie Cochran Vista, Los Angeles, CA 90019 | 6-8 | 0.7 mi | |
3537 Farmdale Ave, Los Angeles, CA 90016 | 9-12 | 1.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3812 W Adams Blvd
Date
Details
Price
Change
Source
4/08/2024
Sold
$1,600,000
-1.23%
MLS
1/22/2024
Price Reduced
$1,620,000
-4.71%
MLS
11/08/2023
Listed
$1,700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3812 W Adams Blvd, Los Angeles, CA 90018 (MLS# 23-330029) is a Multi-Family property that was sold at $1,600,000 on April 08, 2024. Want to learn more about 3812 W Adams Blvd? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.