1335 1337 E Adams, Los Angeles, CA 90011
Local realty services provided by:ERA Excel Realty
1335 1337 E Adams,Los Angeles, CA 90011
$2,100,000
- 14 Beds
- 5 Baths
- 4,266 sq. ft.
- Multi-family
- Active
Listed by: van hamilton
Office: jennings realty661-242-6100
MLS#:SR26157423
Source:CRMLS
Price summary
- Price:$2,100,000
- Price per sq. ft.:$492.26
About this home
High-Yield 14-Bedroom Co-Living Portfolio Near USC & DTLA.
This 14-bedroom multi-family portfolio offers an exceptional footprint for investors targeting high-density housing and co-living strategies in Los Angeles. Comprising four large-scale units distributed across two detached buildings, the property provides an efficient bedroom-to-unit ratio situated minutes from the University of Southern California (USC), Downtown LA, and major transit corridors.
Unlike standard modern speculative builds, the asset provides a durable foundation tailored for high-occupancy rental use:
• Front Building (Historic Integrity): Verified as built in 1904 by master builder Frederick Rufus Black as his personal residence. This structure contains two massive 4-Bedroom units (one 4-bed/1-bath and one 4-bed/2-bath), featuring the expansive spatial layouts and structural character typical of the era.
• Back Building (Modern Turnkey): Comprises two 3-Bedroom, 1-Bathroom units, which were completely remodeled from the studs up in 2022.
The property delivers immediate, stable cash flow with highly predictable operational overhead:
• Front Units (Two 4-Bed Layouts): Currently generating a combined $4,000/month. (much lower than the market rate).
• Back Units (Two 3-Bed Layouts): Rented at $2,600/month each ($5,200/month combined).
• Total Current Gross Income: $9,200/month ($110,400/annually).
Operational expenses are minimized through separate utility metering, with 4 separate electric meters and 4 separate gas meters allowing tenants to handle their own usage overhead directly. The expansive parcel also accommodates up to 8 secure parking spaces, a premium asset in the DTLA-adjacent rental market. While the property provides immediate yield, current rental structures present the next owner with clear pro-forma upside as units naturally cycle in a high-demand rental corridor....
Contact an agent
Home facts
- Year built:1904
- Listing ID #:SR26157423
- Added:1 day(s) ago
- Updated:July 21, 2026 at 06:27 PM
Rooms and interior
- Bedrooms:14
- Total bathrooms:5
- Full bathrooms:5
- Kitchen Description:Electric Range, Gas Oven, Gas Range, Laminate Counters
- Living area:4,266 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
- Heating:Wall Furnace
Structure and exterior
- Roof:Flat
- Year built:1904
- Building area:4,266 sq. ft.
- Lot area:0.15 Acres
- Lot Features:Level with Street, Near Public Transportatn, Rectangular Lot
- Levels:Multi Split
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,100,000
- Price per sq. ft.:$492.26
Features and amenities
- Appliances:Electric Range, Gas Oven, Gas Range
- Amenities:Ceiling Fans
Parking
- Parking description:Concrete Driveway, One Space
New listings near 1335 1337 E Adams
- New
$699,000Active3 beds 2 baths1,633 sq. ft.3120 W 43rd Place, Los Angeles, CA 90008
MLS# 26861503Listed by: BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA PROPERTIES - New
$699,000Active3 beds 2 baths1,633 sq. ft.3118 W 43rd Place, Los Angeles, CA 90008
MLS# 26861549Listed by: BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA PROPERTIES - New
$1,799,999Active3 beds 4 baths2,229 sq. ft.1029 N Beverly Glen Boulevard, Los Angeles, CA 90077
MLS# 26862015Listed by: CORE REAL ESTATE GROUP - New
$525,000Active2 beds 2 baths1,190 sq. ft.5009 Woodman Avenue #202, Los Angeles, CA 91423
MLS# 26862501Listed by: SOTHEBY'S INTERNATIONAL REALTY - New
$995,000Active2 beds 1 baths825 sq. ft.4966 N Maywood, Eagle Rock, CA 90041
MLS# BB26157766Listed by: SARIAN REALTY - New
$699,000Active3 beds 2 baths1,633 sq. ft.3120 W 43rd Place, Los Angeles, CA 90008
MLS# 26861503Listed by: BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA PROPERTIES - New
$699,000Active3 beds 2 baths1,633 sq. ft.3118 W 43rd Place, Los Angeles, CA 90008
MLS# 26861549Listed by: BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA PROPERTIES - New
$1,799,999Active3 beds 4 baths2,229 sq. ft.1029 N Beverly Glen Boulevard, Los Angeles, CA 90077
MLS# 26862015Listed by: CORE REAL ESTATE GROUP - Open Sat, 1 to 4pmNew
$799,997Active3 beds 1 baths1,112 sq. ft.19420 Strathern Street, Reseda, CA 91335
MLS# BB26143903Listed by: BRAD KORB REAL ESTATE GROUP