Prime opportunity to acquire a 16-unit apartment building in the heart of rapidly transforming West Adams. A thriving neighborhood attracting strong investor interest and tenant demand. The property offers stable cash flow today and substantial upside through unit renovations, rental increases, or future redevelopment. Value-Add Play: Renovate interiors to capture higher market rents in a high-demand micro-market. 3 Units Delivered Vacant Redevelopment Potential: LAM1 zoning in an Opportunity Zone offers flexibility for future mixed-use, adaptive reuse, or expansion (verify with City of LA). Strong Location Fundamentals: West Adams continues to see rapid rent growth and neighborhood revitalization, driven by proximity to Culver City, DTLA, and the Expo Line.This property is well-suited for investors seeking immediate cash flow with multiple exit strategies. Buy, renovate, and hold for long-term appreciation, or reposition for higher and better use.
Days on market: 11
Listing updated: August 26, 2025 - 08:10:08
Listed by: George Morales DRE #01984555 310-230-5478, Compass - Beverly Hills/Greater LA
Source: Beverly Hills/Greater LA, MLS#: CLW-X81461 Originating MLS: CRMLS
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