4905 W Adams Boulevard, Los Angeles, CA 90016
Local realty services provided by:ERA North Orange County Real Estate
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:120 day(s) ago
- Updated:November 15, 2025 at 03:20 PM
Rooms and interior
- Total bathrooms:37
- Living area:8,299 sq. ft.
Heating and cooling
- Heating:Wall Furnace
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
$1,199,000Active4 beds 2 baths3,058 sq. ft.226 S Rampart Boulevard, Los Angeles, CA 90057
MLS# NDP2510732Listed by: HOMESMART REALTY WEST
$15,950,000Active1.76 Acres1785 Summitridge Drive, Beverly Hills, CA 90210
MLS# 25568143Listed by: PLUS REAL ESTATE- New
$1,550,000Active-- beds -- baths2,646 sq. ft.1319 Douglas, Los Angeles, CA 90026
MLS# WS25261126Listed by: KEVIN L TRUONG, BROKER - New
$3,350,000Active5 beds 6 baths5,616 sq. ft.20268 Albion Way, PORTER RANCH, CA 91326
MLS# OC25254359Listed by: SIGNATURE ONE REALTY GROUP, INC - Open Sun, 1 to 4pmNew
$875,000Active4 beds 2 baths2,233 sq. ft.9407 Collett, North Hills, CA 91343
MLS# SR25233031Listed by: HATKOFF INVESTMENTS - New
$1,795,000Active3 beds 2 baths1,726 sq. ft.2123 Branden Street, Los Angeles, CA 90026
MLS# SR25259837Listed by: LB PROPERTY MANAGEMENT INC - Open Sun, 1 to 4pmNew
$649,000Active2 beds 2 baths950 sq. ft.4128 Whitsett #101, Studio City, CA 91604
MLS# SR25260912Listed by: NEXTHOME GRANDVIEW - New
$449,999Active1 beds 1 baths783 sq. ft.7050 Shoup #163, Canoga Park, CA 91303
MLS# SR25261110Listed by: REPRESENTED BY - New
$880,000Active4 beds 3 baths1,764 sq. ft.5141 Oakland, Los Angeles, CA 90032
MLS# WS25260677Listed by: FIRST TEAM REAL ESTATE - Open Sat, 12:30 to 2:30pmNew
$795,000Active3 beds 3 baths2,095 sq. ft.20258 Runnymede Street, Winnetka, CA 91306
MLS# CV25248367Listed by: CAL AMERICAN HOMES