1256 W Adams Boulevard
Los Angeles, CA 90007
- – beds
- – baths
- – sqft
- 6,446 sqft lot
- 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:
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Last updated Feb 25, 2025
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MLS# PW25003449 —
This property is listed in more than one place. See it here.
The Building
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Year Built:2022
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:5103.00
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Building Area Units:Square Feet
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Total Number Of Units:3
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# of Buildings:2
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Stories Total:2
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Entry Level:1
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Common Walls:1 Common Wall
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# of Separate Gas Meters:3
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# of Separate Water Meters:3
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# of Separate Electric Meters:3
Interior
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Entry Location:1
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Laundry:Inside
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Laundry:1
Location
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Directions:Adams Blvd
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Latitude:34.03252600
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Longitude:-118.28800500
The Property
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Property Type:Residential Income
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Subtype:Triplex
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Zoning:LAR4
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Lot Features:16-20 Units/Acre
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Lot Size Area:6446.0000
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Lot Size Acres:0.1480
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Lot Size SqFt:6446.00
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Lot Size Source:Assessor
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:014
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Tax Tract:031
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Tax Lot:5055
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5055014031
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Features:Urban
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Pool:None
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Senior Community:No
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Private Pool:No
Parking
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Parking Spaces:4.00
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Garage Spaces:4.00
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 |
---|---|---|---|---|
1/7/25
Jan 7, 2025
|
Listed / Active | CRMLS_CA | $3,850,000 | |
5/1/24
May 1, 2024
|
Listed / Active | BRIDGE | ||
1/22/24
Jan 22, 2024
|
Listed / Active | BRIDGE |