Address
1335 E Adams, Los Angeles, CA
Price
$ 2,100,000
Property Attributes
- MLS#SR26157423
- TypeSingle Family
- Listing Status Active
- CountyLOS ANGELES
- CityLos Angeles
- AreaDowntown L.A.
- Zip90011
- StyleQuadruplex
- Year Built1904
- Price$ 2,100,000
- Bedrooms14
- Full Bathrooms5
- Half Bathrooms0
- Sqr Footage4266
- Lot Size0.1548 Acres
Data Source:
Crisnet MLS
Property Description
High-Yield 14-Bedroom Co-Living Portfolio Near USC & DTLA. This 14-bedroom multi-family portfolio offers an exceptional footprint for investors targeting high-density housing and co-living strategies in Los Angeles. Comprising four large-scale units distributed across two detached buildings, the property provides an efficient bedroom-to-unit ratio situated minutes from the University of Southern California (USC), Downtown LA, and major transit corridors. Unlike standard modern speculative builds, the asset provides a durable foundation tailored for high-occupancy rental use: • Front Building (Historic Integrity): Verified as built in 1904 by master builder Frederick Rufus Black as his personal residence. This structure contains two massive 4-Bedroom units (one 4-bed/1-bath and one 4-bed/2-bath), featuring the expansive spatial layouts and structural character typical of the era. • Back Building (Modern Turnkey): Comprises two 3-Bedroom, 1-Bathroom units, which were completely remodeled from the studs up in 2022. The property delivers immediate, stable cash flow with highly predictable operational overhead: • Front Units (Two 4-Bed Layouts): Currently generating a combined $4,000/month. (much lower than the market rate). • Back Units (Two 3-Bed Layouts): Rented at $2,600/month each ($5,200/month combined). • Total Current Gross Income: $9,200/month ($110,400/annually). Operational expenses are minimized through separate utility metering, with 4 separate electric meters and 4 separate gas meters allowing tenants to handle their own usage overhead directly. The expansive parcel also accommodates up to 8 secure parking spaces, a premium asset in the DTLA-adjacent rental market. While the property provides immediate yield, current rental structures present the next owner with clear pro-forma upside as units naturally cycle in a high-demand rental corridor.
| Price History | |
|---|---|
| 7/21/2026 | Listed $2,100,000 |
General Features
| Living Area | 4266.00 |
|---|---|
| Sewer | Public Sewer |
| Heating | Wall Furnace |
| Cooling | Wall/Window Unit(s) |
| Utilities | Natural Gas Connected,Electricity Connected,Water Connected |
| Roof | Flat |
| Appliances | Gas Oven,Gas & Electric Range |
| HOA Fee | 0.00 |
| Garage Spaces | 0.00 |
| Pool Features | None |
| Year Built | 1904 |
| View | None |
| Assessments | Special Assessments |
| Levels | Multi/Split |
| Property Subtype | Quadruplex |
| Community Features | Street Lights,Sidewalks |
| County | Los Angeles |
| Property Type | Residential |
| Full Baths | 5 |
| Directions | Please submit all offers to van.hamilton@viet-connect.com. Call or text: 323-788-6128. Information provided is deemed reliable but not guaranteed. |
| City | Los Angeles |
| Listing Agent | Van Hamilton - BRE#02160347 |
| Entry Location | front |
| High School District | Los Angeles Unified |
| Number Of Units Total | 4 |
| MLS Area | C42 - Downtown L.A. |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 6743.00 |
| Property Attached Y/N | Yes |
| Attached Structure | Attached |
| Price Per Square Foot | 492.26 |
| Assessments Y/N | Yes |
| Structure Type | Quadruplex |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Year Built Source | Seller |
| Tax Lot | 53 |
Interior Features
| Interior Amenities | Laminate Counters,Ceiling Fan(s) |
|---|---|
| Fireplace Features | None |
| Total Stories | 2 |
| Common Walls | 2+ Common Walls |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Laundry Y/N | Yes |
| Laundry Features | See Remarks |
| Total Bedrooms | 14 |
| Entry Level | 1 |
| Room Type | Multi-Level Bedroom |
| Appliances Y/N | Yes |
| Full + 3/4 Baths | 5 |
| LivingAreaSource | Assessor |
| Total Baths | 5 |
Exterior Features
| Fencing | Good Condition,Brick |
|---|---|
| Parking Features | Concrete,Parking Space |
| Lot Features | Rectangular Lot,Level,Near Public Transit |
| Water Source | Public |
| Total Parking | 0.00 |
| Lot Size Area | 6743.0000 |
| Fence Y/N | Yes |
| Parking Y/N | Yes |
| Lot Size Acres | 0.1548 |
| Lot Size Source | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 90011
Price
Year Built
Visits
Based on information from California Regional Multiple Listing Service, Inc. as of September 13, 2026 6:45 PM UTC This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
The MLS™ I-Tech ® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in
Based on information from CRISNet MLS as of September 13, 2026 6:26 PM UTC All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
