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1475 W Adams Blvd

Los Angeles, CA 90007
  • $5,475,000
  • STATUS: Active
  • ON SITE: 117 Days
  • ID#: 22-146611
UPDATED: 56 min ago
$5,475,000
  • 6
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 15,200
    SQFT
  • $360
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1928
County:

School Ratings & Info

Description

Casa Catalina 1475 W Adams Blvd, is a remodeled residential community located in a charming neighborhood near the University of Southern California. The apartment building consists of 24-units with (18) studios and (6) one-bedrooms. Built in 1928, the Scandinavia-inspired building is 15,200 SF and sits on a 6,811 SF lot. The property features a gated entry that leads into the lobby. Tenants have access to the shared rear courtyard. The apartment renovations offer modern open floor plans with plenty of natural lighting, wrapped in vintage brick exterior. Some of the high-end finishes include new flooring, all-new bathrooms and kitchens, granite counters, and stainless-steel appliances. The immediate area is experience bulging gentrification, serving as a great opportunity for an investor looking for a long-term hold. In close proximity to Downtown Los Angeles, University of Southern California and Koreatown, the property has easy access to local amenities and dining destinations. Transportation options available in Los Angeles include Expo/Vermont, located 1.1 miles away.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-08-10T20:43:06.87. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.trulinerealty.com/homes/127724214
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1475 W Adams Blvd Los Angeles, CA 90007

  • Price: $5,475,000
  • Status: Active
  • On Site: 117 Days
  • Updated: 56 min ago
  • ID#: 22-146611
6
Beds
0
Baths
0
½ Baths
0.16
Acres
15,200
SQFT
$360
$/SQFT
1928
Built
Neighborhood:
Mid Los Angeles
County:
Los Angeles
Area:
Mid Los Angeles
Property Description
Casa Catalina 1475 W Adams Blvd, is a remodeled residential community located in a charming neighborhood near the University of Southern California. The apartment building consists of 24-units with (18) studios and (6) one-bedrooms. Built in 1928, the Scandinavia-inspired building is 15,200 SF and sits on a 6,811 SF lot. The property features a gated entry that leads into the lobby. Tenants have access to the shared rear courtyard. The apartment renovations offer modern open floor plans with plenty of natural lighting, wrapped in vintage brick exterior. Some of the high-end finishes include new flooring, all-new bathrooms and kitchens, granite counters, and stainless-steel appliances. The immediate area is experience bulging gentrification, serving as a great opportunity for an investor looking for a long-term hold. In close proximity to Downtown Los Angeles, University of Southern California and Koreatown, the property has easy access to local amenities and dining destinations. Transportation options available in Los Angeles include Expo/Vermont, located 1.1 miles away.
Exterior Features

Building Type Attached Lot Location None Lot Size Area 6810 Other Structures Other Parking Garage On Street Pool Description None Pool YN No Spa None Spa YN No Tennis Court None Tennis YN No Total Parking 0 View Description None View YN No Water Frontage None

Interior Features

Bathroom Features Remodeled Baths Total 24.00 Common Walls Attached Cooking Appliances Range HoodOven-Gas Cooling Wall Unit(S) Equipment Dishwasher Fireplace Rooms None Flooring Laminate Foundation Details None Heating Wall Gas Kitchen Features Quartz CountersGourmet Kitchen Laundry Community Water Heater Features None

Property Features

Gross Income 402555 Gross Operating Income 394273 Like Units1 18 Like Units2 6 Net Operating Income 249534.00 Number Of Buildings 1 Number Of Units 24 Owner Pays GasWaterElectricity Sale Type Standard Security Features None Sewer None Source Living Area Vendor Enhanced Source Lot Size Area Appraiser Tenant Pays GasElectricity Total Annual Expense 144738 Type Of Units Apartments Water None Year Built Source Vendor Enhanced Zoning Lac2

Listing provided courtesy of John Wright DRE# of Matthews Real Estate Investment Services.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-08-10T20:43:06.87. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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TruLine Realty
2999 Overland Ave., Suite 116
Los Angeles CA, 90064