This Multifamily Property is no longer advertised on LoopNet.com.

1256-1260 Adams
Los Angeles, CA 90007
3 HOUSE PORTFOLIO - STUDENT HOUSING NEAR USC · Multifamily Property For Sale · 15 Units

Investment Highlights

  • Fully Leased for the 2021-2022 Academic Year
  • Current Stabilized High Yield 5.5% Cap Rate
  • Gross Income: $25,500/Month
  • Located within USC Safety Patrol Zone
  • One (1) Year Parent Guaranteed Lease Agreements
  • Extremely Light Expenses: Students Pay All Water, Trash, Gas & Electricity

Property Facts

No. Units 15
Property Type Multifamily
Property Subtype Apartment
Lot Size 0.15 AC
Building Size 5,103 SF
Average Occupancy 100%
No. Stories 3
Year Built 2020
Parking Ratio 1.96/1,000 SF
Zoning LAR4

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
9+5 1 $14,500 2,952
3+3 2 $5,500 1,052 - 1,099

Property Taxes

Property Taxes

Parcel Number
5055-014-031
Land Assessment
$1,039,983
Improvements Assessment
$445,707
Total Assessment
$1,485,690
  • Listing ID: 22657904

  • Date on Market: 4/6/2021

  • Last Updated:

  • Address: 1256-1260 Adams, Los Angeles, CA 90007

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