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1475 W Adams Boulevard

Los Angeles (City), CA 90007
  • $5,995,000
  • STATUS: Active
  • ON SITE: 38 Days
  • ID#: 22146611
UPDATED: 29 min ago
$5,995,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1928
County:

School Ratings & Info

Listing Agent(s): John Wright of Matthews Real Estate Investment Services (866-889-0550)


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 California Regional Multiple Listing Service, Inc. as of 2022-05-23T10:28:05.7. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
www.legacy15.com/homes/127725317
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1475 W Adams Boulevard Los Angeles (City), CA 90007

  • Price: $5,995,000
  • Status: Active
  • On Site: 38 Days
  • Updated: 29 min ago
  • ID#: 22146611
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1928
Built
Neighborhood:
C16 - Mid Los Angeles
County:
Los Angeles
Area:
C16 - 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

Parking Features On Street Parking Total 0 Pool Features None Pool Private YN No Spa Features None Spa YN No View None View YN No

Interior Features

Appliances DishwasherGas OvenRange Hood Fireplace Features None Fireplace YN No Flooring Laminate

Property Features

Association Fee 0 Gross Income 406350 Laundry Features Common Area Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 243242 New Construction YN No Senior Community YN No Special Listing Conditions Standard Tenant Pays ElectricityGas Zoning Lac2



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-23T10:28:05.7. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
 
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Legacy 15 Real Estate Brokers
22521 Avenida Empresa Suites 100 & 102
Rancho Santa Margarita CA, 92688
Listing Agent(s): John Wright of Matthews Real Estate Investment Services (866-889-0550)