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4214 W ADAMS

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4214 W ADAMS | Los Angeles, CA

$1,400,000

6,982 SQ.FT.

I am pleased to offer for sale a six unit apartment community located at 4214 West Adams Boulevard. Positioned on Adams Boulevard, just east of Crenshaw Boulevard, the property is located in the heart of the Historic West Adams District.The property features one, two-story building consisting entirely of two-bedroom units. Ownership has installed a new roof and bolted the foundation. West Adams is one of the oldest neighborhoods in Los Angeles and is home to some of the most historic and architecturally unique homes in the city. Due to its 1925 construction, the property is subject to Los Angeles rent control statutes. The subject property allows an investor to acquire a 1920's vintage apartment asset in a desirable location. An astute buyer will be able to implement a thorough renovation program and take advantage of the substantial upside in rental income.
Listing Provided by Sean Rosenzweig, Marcus & Millichap

Based on information from California Regional Multiple Listing Service, Inc. as of September 24, 2018. 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.