630 East Adams Boulevard

Los Angeles, CA 90011

$3,700,000
Price
22
Beds
20
Baths
10,760 Sq. Ft.
$344 / Sq. Ft.
10,760
Sq. Ft.
$344
per Sq. Ft.

Description

Discover an exceptional investment opportunity with this stunning new construction, green-certified six-unit building in the heart of Los Angeles. The building features a diverse mix of two 4-bedroom, 3-bath units; two 4-bedroom, 4-bath units; and two 3-bedroom, 3-bath units. Each unit is meticulously designed with open floor plans, spacious living and dining areas, gourmet kitchens equipped with stainless steel appliances, quartz countertops, and stylish cabinetry. Additional highlights include...Discover an exceptional investment opportunity with this stunning new construction, green-certified six-unit building in the heart of Los Angeles. The building features a diverse mix of two 4-bedroom, 3-bath units; two 4-bedroom, 4-bath units; and two 3-bedroom, 3-bath units. Each unit is meticulously designed with open floor plans, spacious living and dining areas, gourmet kitchens equipped with stainless steel appliances, quartz countertops, and stylish cabinetry. Additional highlights include private yards, in-unit laundry, central HVAC, and sleek, modern bathrooms with premium fixtures. Ample closet space and high-end, durable finishes complete these thoughtfully designed units, built to attract tenants and minimize maintenance costs. Currently fully occupied, the property delivers a strong 5.83% cap rate in year one, with projections increasing to 6.12% in year two due to built-in rent escalations. Adding to the investment’s appeal is the potential to convert two garages into Accessory Dwelling Units (ADUs), creating two additional 2-bedroom units with custom amenities such as kitchens, bathrooms, and living spaces. This value-add opportunity could unlock a potential 7.5% cap rate, further enhancing the already impressive cash flow. With each unit separately metered, landlords avoid utility expenses, boosting profitability. The property’s prime location enhances its value and tenant appeal. Located less than 1.3 miles from USC’s West Entrance and 1.8 miles from the Los Angeles Memorial Coliseum and LAFC Stadium, the building benefits from proximity to key city landmarks and vibrant attractions. Boasting an 85 Walk Score, tenants enjoy easy access to freeways, public transportation, and nearby shopping, dining, and entertainment. The neighborhood’s thriving rental market ensures long-term appreciation and consistent occupancy. Investors also gain peace of mind with a 1-year builder warranty, while the green-certified construction offers energy efficiency and reduced tenant utility costs. The property includes 12 parking spaces (8 covered garage spots and 4 uncovered), a rare and desirable feature in Los Angeles. Best of all, this property is exempt from rent control, allowing for maximum rental income and flexibility. Whether expanding your portfolio or seeking a high-performing investment, this property offers unmatched financial benefits, modern amenities, and strong market potential.
  1. Listed by Drew Dunn • DRE #01941825 • Brokerage DRE #02022467 • Four Brothers Real Estate, Inc. • 949-413-7911

Property Details for 630 East Adams Boulevard

Architectural Style
Modern
Parking Spaces Total
12
Private Pool
No
Cooling Type
Central Forced Air
Total Units
6.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
10760
LISTING UPDATED: 11/19/2024 10:28 PM

Property Details for 630 East Adams Boulevard

StatusActive
MLS #OC24234576
Days on Market33
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeResidential Income
Year Built2024
CountyLos Angeles County

Building Information for 630 East Adams Boulevard

Building/Complex630 E Adams BlvdFloor-Stories3Residences-Pet Policy-Year Built2024Building Size-

Property Information for 630 East Adams Boulevard

Rental Info
Rental Info
  • Tenant Pays: All Utilities
Income / Expense / Tax Details
Income Details
  • Gross Income: $286,800
  • Gross Scheduled Income: $286,800
  • Net Operating Income: $215,561
Expense Details
  • Operating Expense: $56,899
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $7,523
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $56,899
Tax / Assessment Info
  • Tax Block: 1
  • Tax Tract Number: 0
  • Tax Census Tract: 2264.10
  • CFD/Mello-Roos Fee: $399
  • Tax Lot: 6
Community / Development
Community / Development
  • Accessibility Features: Doors - Swing In
  • Disability Access: Doors - Swing In
  • Community Features: Curbs
Property / Structure Info
Interior Features
  • Appliances: Convection Oven, Dishwasher, Electric Range, Disposal, Range Hood, Refrigerator, Trash Compactor, Vented Exhaust Fan, Water Heater
  • Equipment: Dishwasher, Gas Or Electric Dryer Hookup, Refrigerator, Trash Compactor, Vented Exhaust Fan
  • Room Type: Multi-Level Bedroom
  • Bedroom Features: Multi-Level Bedroom
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
  • Flooring: Vinyl
Exterior Features
  • Window Features: Wood Frames
  • Security Features: Carbon Monoxide Detector(s), Fire Sprinkler System
  • Construction Materials: Drywall Walls, Stucco, Vinyl Siding
  • Exterior Construction: Stucco
  • Exterior: Stucco, Vinyl
  • Exterior Features: Rain Gutters
  • Roof: Composition
  • Entry Location: Front
  • Foundation Details: Slab
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 6
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Three Or More
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Electric: 220 Volts in Garage, 220 Volts in Laundry, Photovoltaics Seller Owned, Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 8
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 8
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $4,100
  • Unit Type Total Rent: $4,100
  • Unit Type Pro Forma: 4265
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $4,100
  • Unit Type Total Rent: $4,100
  • Unit Type Pro Forma: 4265
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $3,650
  • Unit Type Total Rent: $3,650
  • Unit Type Pro Forma: 3800
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $3,650
  • Unit Type Total Rent: $3,650
  • Unit Type Pro Forma: 3800
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 4
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $4,200
  • Unit Type Total Rent: $4,200
  • Unit Type Pro Forma: 4375
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 4
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $4,200
  • Unit Type Total Rent: $4,200
  • Unit Type Pro Forma: 4375
  • Unit Type Type: 6
Unit Information
  • Number Of Units Leased: 5
  • Rent Controlled: No
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 6
  • Number With Dishwasher: 6
  • Number With Range: 6
  • Number With Refrigerator: 6
  • Number With Disposal: 6
  • Number With Patio: 6

Property History for 630 East Adams Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 630 East Adams Boulevard

Taxable ValueLand$519,384Additions$129,948Total$649,332
Tax Record2024$8,189 ($682 / month)
Home Facts
Beds2Total Finished SqFt1,160 SqFtAbove Grade Finished SqFt1,160 SqFtStories1Lot Size8,479 SqFtStyleSingle Family ResidenceYear Built1899ZoningLARD1.5CountyLOS ANGELESAPN5128-011-005

Schools near 630 East Adams Boulevard

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Twenty-Eighth Street Elementary School
PublicK to 5

John Adams Middle School
Public6 to 8

Thomas Jefferson Senior High School
Public9 to 12

Nava College Preparatory Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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630 East Adams Boulevard is a townhouse for sale in Los Angeles, CA 90011. This property was listed for sale on November 19, 2024 by Four Brothers Real Estate, Inc., it's currently listed at $3,700,000. It has been on the market for a total of 33 days and was last sold on May 23, 2023. This listing's school district is Los Angeles Unified School District. Nearby schools include Twenty-Eighth Street Elementary School, John Adams Middle School and Thomas Jefferson Senior High School. 630 East Adams Boulevard is a 22-bed, 20-bath, 10,760 sqft townhouse built in 2024.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Four Brothers Real Estate, Inc., Drew Dunn, DRE #01941825

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.