Detailed Introduction Of This Home
We are pleased to present an exceptional investment opportunity at 3812 West Adams Boulevard in the thriving West Adams District of Los Angeles, CA. This well-maintained 8-unit apartment building, constructed in 1940, consists of six spacious 1-bedroom/1-bath units and two singles spanning 5,321 square feet, sitting on an expansive 15,338 square foot R3-zoned lot offering the potential for long-term redevelopment. Well-manicured outdoor common areas, ample parking, and 7 covered garages contribute to its tenant attraction. Notably, there is significant rental upside potential, with the opportunity to increase income by almost 50%, and one unit will be delivered vacant. One of the property's standout features is its central location, providing easy access to many of LA's busiest surrounding submarkets. It benefits from excellent transportation connectivity, with major highways and public transportation options, making commuting convenient for residents and appealing to potential tenants.