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1335 1337 E Adams

Los Angeles, CA 90011
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Bed 14

Bed

Bath 0

Bath

SqFt6,743

Sqft(Lot)

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.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,100,000

AD Id : 88339313

MLS Id : SR26159013

Beds : 14

Lot Size : 6,743 Sqft

Year Built : 1904

County : Los Angeles

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Feature Features

  • Interior Features

    CeilingFans, LaminateCounters
    Roof: Flat
    Appliances: ElectricRange, GasOven, GasRange
    Laundry Features: SeeRemarks
  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace Has Cooling: Yes Cooling: WallWindowUnits

  • Building Information

    Year Built: 1904
    Building Area Total: 4266
    Pool Features: None
    Private Pool: No
    View: None

  • Lot Information

    Main Square Feet: 6743 Lot Size Acres: 0.1548 Lot Size Source: Assessor Lot Size Square Feet: 6,743 Lot Description: Level,NearPublicTransit,RectangularLot

  • Listing Price Information

    Listing Price: $2100000
    Cash, Conventional

  • Tax Information

    Parcel Number: 5118009021 Tax Lot: 53

  • Utility Information

    ElectricityConnected, NaturalGasConnected, WaterConnected
  • Location Information

    Direction: Please submit all offers to van.hamilton@viet-connect.com. Call or text: 323-788-6128. Information provided is deemed reliable but not guaranteed. WaterSource: Public
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The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 07/24/2026 @ 21:19

MLS: SR26159013 LISTED BY: Van Hamilton, Jennings Realty 661-242-6100 SOURCE: CRMLS

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