1256 W Adams Boulevard
Los Angeles, CA 90007
- 15 beds
- – baths
- 5,103 sqft
- 6,446 sqft lot
- $754 per sqft
- 2022 build
- – on site
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.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Jan 7, 2025
•
MLS# CRPW25003449 —
This property is listed in more than one place. See it here.
The Building
-
Year Built:2022
-
Building Area Units:Square Feet
-
Building Area Total:5103
Room Dimensions
-
Living Area:5103
-
Living Area Units:Square Feet
Location
-
Directions:Adams Blvd
The Property
-
Property Type:Residential Income
-
Property Subtype:Triplex
-
Exterior Features:Other
-
Parcel Number:5055014031
-
Zoning:LAR4
-
Lot Size Area:0.15
-
Lot Size Acres:0.15
-
Lot Size SqFt:6446
-
Lot Size Units:Acres
Listing Agent
- Contact info:
- Agent phone:
- (424) 224-9344
Beds
-
Bedrooms Total:15
The Listing
-
Listing TermsConventional
Appliances
-
Laundry Features:Inside
The Community
-
Association:false
Parking
-
Parking Total:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/6/25
Jan 6, 2025
|
Listed / Active | BRIDGE | $3,850,000 | |
|
5/1/24
May 1, 2024
|
Listed / Active | BRIDGE | ||
|
1/22/24
Jan 22, 2024
|
Listed / Active | CRMLS_CA |
