Detailed Introduction Of This Home
A turnkey 12-unit multifamily asset, 4309 W Adams Blvd offers a headache-free investment with market rents and a fully renovated property. The new owner will generate strong rents at a healthy $2.65/SF from day one in a rapidly elevating neighborhood. From James Beard-nominated Chef Keith Corbin of Alta Adams, the always buzzy Tartine and Mizlala restaurants, to CIM's numerous residential, commercial, and office developments, the neighborhood's energy is positive and electric. There is demonstrated demand for newly renovated dual-entrance units in smaller secure buildings with dedicated parking. Centrally located between Culver City and Downtown LA, the subject property offers financial and development incentives to the savvy investor, whether tax deferment within an Opportunity Zone or 7-floor by-right development potential as a TOD Tier 4 site in the Crenshaw CorridorSpecific Plan.