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Investment Highlights

  • Fully stabilized 11-unit investment generating approximately $344,160 in gross annual income and an attractive 6.55% cap rate
  • Excellent unit mix featuring five spacious 3-bedroom units and six 1-bedroom units, appealing to a broad tenant pool
  • Separately metered for all utilities, keeping operating expenses low and maximizing investor returns
  • Rare combination of renovated Spanish architecture and newly constructed apartments, offering modern amenities with timeless curb appeal
  • Beautiful designer interior featuring sleek kitchens and bathrooms
  • Attractive opportunity for both private investors and 1031 exchange buyers seeking a low- maintenance, turnkey asset with immediate cash flow

Executive Summary

The 5+ Unit Specialists are proud to present 4220 W. Adams Blvd, 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, cafés, 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 outstanding opportunity for investors seeking stable day-one cash flow and continued appreciation.

Financial Summary (Actual - 2026) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2026) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $5,443,100 CAD
Price Per Unit $494,827 CAD
Sale Type Investment
Cap Rate 6.55%
Gross Rent Multiplier 11.62
No. Units 11
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.17 AC
Building Size 7,412 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1925/2026
Opportunity Zone Yes
Zoning LAR3 - Multiple Residential

Amenities

Site Amenities

  • Laundry Facilities
  • Tenant Controlled HVAC
  • Gas Range
  • Vintage Building
  • Public Transportation
  • Solar Panels

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 6 $2,412 CAD 304 - 430
3+2 5 $4,754 CAD 967 - 1,112
Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
70/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
5051-005-010
Land Assessment
$815,326 CAD (2025)
Improvements Assessment
$577,222 CAD (2025)
Total Assessment
$1,392,549 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
  • Listing ID: 41738550

  • Date on Market: 2026-08-13

  • Last Updated:

  • Address: 4220 W Adams Blvd, Los Angeles, CA 90018

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