1256 W Adams Boulevard

Los Angeles, CA 90007

  • 15 Bed(s)
  • 0 Bath(s)
  • 5,103 Sqft
  • 6446
    Sqft(Lot)
$3,850,000

Description

We are pleased to present 1256 w adams blvd, a turnkey stabilized student housing asset located 0.5 miles from the university of southern california in the north university park submarket that is most desirable for usc students.



the property consists of 3 units and 15 bedrooms - one fully renovated 9 bed 7 bath house and two 2022 construction 3 bed/3 bath units with 4 ground-level enclosed parking spaces. the property is fully leased to usc students for a total monthly rent of $25,414.



offered for $3,850,000 at $256,667 per bedroom and a true 5.86% cap rate 1256 w adams is one of the most competitively priced assets on the market.



the property is professionally managed by one of the largest student housing operators in the usc market and the management company is willing to stay in place with a new buyer after close of escrow. the property is fully occupied and already fully pre-leased for the 2024-2025 academic year allowing a new buyer optimally easy management upon ownership.



each unit is individually parceled enabling a buyer to creatively structure the transaction if desired.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    48247532

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

  • Building Information

    • Year Built: 2022
    • Building Area Total: 5,103

    Pool Features

    • None

    Laundry Features

    • Inside

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.148
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 6446

  • Listing Price Information

    • Original List Price: 3,850,000
    • Listing Contract Date: 2025-01-06

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 5055014031

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: C42 - Downtown L.A.
    • Postal Code Plus 4: 1705
    • Directions: Adams Blvd
    • Zoning: LAR4
    • Source Property Type: Residential Income
    • Area: C42 - Downtown L.A.
    • Property SubType: Triplex

    Building and Construction

    • Property Age: 3
    • Common Walls: 1 Common Wall
    • Structure Type: Triplex
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: 1
    • Property Attached: Yes
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BuyOwner last updated this listing 01/26/2025 @ 02:25

  • MLS: PW25003449
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 15 bedrooms which is for sale, it has 5,103 sqft, 6,446 sized lot, and 4 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Los Angeles , in zip code 90007, this Los Angeles County Home are nearby neighborhoods.