Active

1256 W Adams BLVD

LOS ANGELES CA, 90007

$3,850,000


$754.46 per sqft

Active

15 Beds

5,103 sqft

Multi-family

Built in 2022

We are pleased to present 1256 W Adams Blvd, a turnkey stabilized student housing asset located 0.5 miles from the University of Southern California in the North University Park submarket that is most desirable for USC students. The property consists of 3 units and 15 bedrooms - one fully renovated 9 Bed 7 Bath House and two 2022 Construction 3 Bed/3 Bath Units with 4 ground-level enclosed parking spaces. The property is fully leased to USC students for a total monthly rent of $25,414. Offered for $3,850,000 at $256,667 per bedroom and a true 5.86% CAP Rate 1256 W Adams is one of the most competitively priced assets on the market. The property is professionally managed by one of the largest student housing operators in the USC market and the management company is willing to stay in place with a new buyer after close of escrow. The property is fully occupied and already fully pre-leased for the 2024-2025 academic year allowing a new buyer optimally easy management upon ownership. Each Unit is Individually Parceled enabling a buyer to creatively structure the transaction if desired.

PW25003449MR

MLS ID

January 6, 2025

Listed

February 12, 2025

Updated

Interior Features

Total Stories

2


Bedrooms

15


Laundry Description

Inside


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.15 Acres


Sewer

Public Sewer

Other Property Details

Area Name

Downtown L.A.


Days on Market

1


Garage

Yes


Garage Spaces

4


Parking Total

4


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

LAR4

Listed by Daniel Lewin with Younglewin Advisors, Inc.
Listing Contact: 424-224-9344 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor John Swartz shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2025 Combined L.A./Westside MLS. All rights reserved.

Data last updated 2/12/2025

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