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634 Adams Blvd 6 Unit Apartment Building $1,302,393 CAD ($217,066 CAD/Unit) 5.55% Cap Rate Los Angeles, CA 90011



INVESTMENT HIGHLIGHTS
- Desirable unit mix, consisting of (6) 1 Bed/ 1 Bath units, all measuring at approximately 700 SF
- Bungalow style units, sitting on a lot measuring at over 8,000 SF
- (1) 1 Bed/ 1 Bath Unit to be delivered vacant, with 82% in potential rental upside
- Conveniently located in South LA, in proximity to major metropolitan amenities as well as trendy restaurants and coffee shops
EXECUTIVE SUMMARY
82% Rental Upside — Prime Value-Add Opportunity! 634 E Adams Blvd presents an exceptional value-add opportunity in a rapidly growing pocket of Los Angeles. This well-maintained 6-unit bungalow-style property consists of oversized one-bedroom units offering 82% rental upside. Currently priced at a 10.74 GRM, the building stabilizes at an impressive 5.90 GRM and 12.57% cap rate, making it ideal for any savvy investor looking to unlock significant income potential. Built in 1912, the property features 4,188 SF of living area on a generous 8,572 SF lot. With units averaging nearly 700 SF, 634 E Adams offers rare scale and character for a one-bedroom asset. This property is an excellent fit for exchange buyers or value-add investors seeking a high-upside opportunity in a dynamic submarket. Strategically located just minutes from USC, Downtown LA, Gilbert Lindsay Park, Exposition Park, the Lucas Museum, the Arts District, The Reef, BMO Stadium, and LA Live, the property sits amid billions of dollars in nearby development driving long-term appreciation and rental demand.
PROPERTY FACTS
| Price | $1,302,393 CAD | Apartment Style | Garden |
| Price Per Unit | $217,066 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| Cap Rate | 5.55% | Building Size | 6,454 SF |
| Gross Rent Multiplier | 10.74 | No. Stories | 2 |
| No. Units | 6 | Year Built | 1912 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Property Subtype | Apartment | ||
| Zoning | LARD1.5 | ||
| Price | $1,302,393 CAD |
| Price Per Unit | $217,066 CAD |
| Sale Type | Investment |
| Cap Rate | 5.55% |
| Gross Rent Multiplier | 10.74 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 6,454 SF |
| No. Stories | 2 |
| Year Built | 1912 |
| Opportunity Zone |
Yes |
| Zoning | LARD1.5 |
AMENITIES
SITE AMENITIES
- Gated
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
1 1
Walk Score®
Very Walkable (85)
Transit Score®
Excellent Transit (79)
Bike Score®
Biker's Paradise (91)
PROPERTY TAXES
| Parcel Number | 5128-011-004 | Improvements Assessment | $210,142 CAD |
| Land Assessment | $805,546 CAD | Total Assessment | $1,015,689 CAD |
PROPERTY TAXES
Parcel Number
5128-011-004
Land Assessment
$805,546 CAD
Improvements Assessment
$210,142 CAD
Total Assessment
$1,015,689 CAD
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634 Adams Blvd
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