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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

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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
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 - -
Walk Score®
Very Walkable (85)
Transit Score®
Excellent Transit (79)
Bike Score®
Biker's Paradise (91)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5128-011-004
Land Assessment
$805,546 CAD
Improvements Assessment
$210,142 CAD
Total Assessment
$1,015,689 CAD
  • Listing ID: 38442769

  • Date on Market: 2025-11-13

  • Last Updated:

  • Address: 634 Adams Blvd, Los Angeles, CA 90011

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