1335 E Adams , Los Angeles, CA 90011
$2,100,000
Est. Payment: $11,122.98/mo
14 Bed
5 Bath
4266 Sqft
Status: Active | Days on site: 1
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FF7000162 - SR207091045
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House 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.

Highlights

Listed by Van Hamilton , 323-788-6128 Jennings Realty , 661-242-6100. CRMLS/Multi-Regional MLS mls logo

Property Type

Residential

Lot/Acreage
0.15

Year Built

1904

County

Los Angeles

Area

C42 - Downtown L.A.

School District

Los Angeles Unified

Listing ID

SR26157423

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:14
  • Bathrooms:5
  • Full Bathrooms:5
Appliances:Electric Range, Gas Oven, Gas Range
Air Cond:Wall/Window Unit(s)
Fireplaces:
Other:
  • Additional:Ceiling Fan(s), Laminate Counters
Water:Public

Exterior Features

Lot:Level,Near Public Transit,Rectangular Lot,No Land Lease
Garage Capacity:0
Roof:Flat
Others:
  • Additional:2+ Total Units
Sewer:Public Sewer
Parking Features:Concrete,One Space
Principal Interest
$11,123
Taxes
$1,339

Home Price

$2,100,000

Loan Details

30 yrs
6.952%

Down Payment

20%
$420,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$11,122.98

Principal

Taxes

Principal Taxes HOA Total
Monthly $11,122.98 $1,338.75 $0.00 $12,461.73
Yearly $133,475.72 $16,065.00 $0.00 $149,540.72
Total $4,004,271.69 $481,950.00 $0.00 $4,486,221.69

Today's Rates

30 Year

6.95%

20 Year

6.73%

15 Year

6.35%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T13:02:28.000Z

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