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4220 W Adams Blvd
Los Angeles, CA 90018
Multifamily Property For Sale
·
11 Units
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.
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.
Property Facts
| Price Per Unit | $359,091 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.17 AC |
| Cap Rate | 6.55% | Building Size | 7,412 SF |
| Gross Rent Multiplier | 11.62 | Average Occupancy | 100% |
| No. Units | 11 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1925/2026 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | LAR3 - Multiple Residential | ||
| Price Per Unit | $359,091 |
| 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 | $1,750 | 304 - 430 |
| 3+2 | 5 | $3,450 | 967 - 1,112 |
Property Taxes
| Parcel Number | 5051-005-010 | Improvements Assessment | $416,160 |
| Land Assessment | $587,826 | Total Assessment | $1,003,986 |
Property Taxes
Parcel Number
5051-005-010
Land Assessment
$587,826
Improvements Assessment
$416,160
Total Assessment
$1,003,986
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