4905 W Adams Boulevard, Los Angeles, CA 90016
Local realty services provided by:ERA Carlile Realty Group
4905 W Adams Boulevard,Los Angeles, CA 90016
$5,299,999
- - Beds
- 37 Baths
- 8,299 sq. ft.
- Multi-family
- Active
Listed by:sevak keshishian
Office:marcus & millichap
MLS#:25566745
Source:CRMLS
Price summary
- Price:$5,299,999
- Price per sq. ft.:$638.63
About this home
We are pleased to present 4905 West Adams Boulevard, a thirty-six-unit multifamily investment opportunity located in the heart of the rapidly evolving West Adams neighborhood of Los Angeles. This stabilized asset offers an investor immediate cash flow in a high rental demand submarket, with an attractive unit mix of micro-units that cater to tenants seeking affordable and efficient housing. With strong in-place income, a historically low vacancy rate, and excellent long-term fundamentals, the property presents a compelling opportunity for both yield-focused and growth-oriented investors. Originally constructed in 1964, the property consists of thirty-four bachelor units, one two-bedroom/one-bathroom unit, and one one-bedroom/one-bathroom unit. The property is master-metered for all utilities and features a central water heating system. Residents benefit from secure, gated access and twenty-three covered parking spaces. In addition to its core income-generating features, 4905 West Adams offers significant development potential. Current ownership has completed preliminary schematic plans to add twenty ADUs under the existing ADU ordinances comprising six studios, twelve one-bedroom units, and two two-bedroom units providing a clear path to dramatically increase the unit count and income. The property is also in compliance with Los Angeles' seismic retrofit requirements; the soft-story permit has been issued, and the retrofit must be completed by April 30, 2028. Furthermore, a permit has been approved to install built-in cooktops in all units, offering an immediate opportunity to enhance desirability and rental value. Situated just two blocks from the nearest on- and off-ramps to the I-10 Freeway, the property provides excellent regional access to Downtown Los Angeles, Culver City, USC, and the Westside. West Adams has become one of LA's most dynamic and gentrifying submarkets, with new multifamily and retail developments continuing to reshape the urban landscape. With high rental demand and a shortage of affordable housing options, 4905 West Adams is ideally positioned to deliver both near-term and long-term returns. The property is subject to the Los Angeles Rent Stabilization Ordinance (RSO).
Contact an agent
Home facts
- Year built:1964
- Listing ID #:25566745
- Added:75 day(s) ago
- Updated:September 26, 2025 at 10:31 AM
Rooms and interior
- Total bathrooms:37
- Living area:8,299 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1964
- Building area:8,299 sq. ft.
- Lot area:0.31 Acres
Finances and disclosures
- Price:$5,299,999
- Price per sq. ft.:$638.63
New listings near 4905 W Adams Boulevard
- New$950,000Active4 beds 2 baths2,118 sq. ft.
5851 La Mirada Avenue, Los Angeles, CA 90038
MLS# 25599967Listed by: COMPASS - New$529,999Active2 beds 2 baths1,210 sq. ft.
1053 W Gage Ave, Los Angeles, CA 90044
MLS# CV25229552Listed by: EXP REALTY OF SOUTHERN CALIFORNIA INC - New$1,475,000Active-- beds -- baths3,096 sq. ft.
1036 S Citrus Avenue, Los Angeles, CA 90019
MLS# TR25219176Listed by: RE/MAX TOP PRODUCERS - New$1,188,000Active2 beds 2 baths1,497 sq. ft.
440 Veteran Avenue #101, Los Angeles, CA 90024
MLS# WS25124357Listed by: REAL 1 CONNECTION - New$529,999Active2 beds 2 baths1,210 sq. ft.
1053 W Gage Ave, Los Angeles, CA 90044
MLS# CV25229552Listed by: EXP REALTY OF SOUTHERN CALIFORNIA INC - New$1,249,000Active3 beds 3 baths1,932 sq. ft.
1935 W 76th Street, Los Angeles, CA 90047
MLS# DW25229404Listed by: VIP RE FIRM - New$765,000Active4 beds 3 baths1,623 sq. ft.
7056 Natick, Van Nuys, CA 91405
MLS# OC25226551Listed by: EXP REALTY OF CALIFORNIA INC - New$479,000Active2 beds 2 baths916 sq. ft.
13095 Hubbard Street #1, Sylmar, CA 91342
MLS# SR25228906Listed by: RECAP PROPERTIES - New$625,000Active3 beds 2 baths1,495 sq. ft.
4080 Via Marisol #127, Los Angeles, CA 90042
MLS# WS25228658Listed by: COMPASS-PASADENA - New$699,998Active3 beds 2 baths1,008 sq. ft.
134 W 113th, Los Angeles, CA 90061
MLS# DW25227975Listed by: REAL CONSULTANTS MORTGAGE REAL