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Shawn Luong
Mobile Phone:
626-643-7090
reoagent@shawnluong.com

DRE# 00857818
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Shawn Luong
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Mobile Phone:
626-643-7090
reoagent@
shawnluong.com

DRE# 00857818
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Buyer Info
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Seller Info
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Your Home's Value
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SOLD
$925,000
Date 05/17/2019

434 E Adams Boulevard
Los Angeles, CA 90011

Cluster
Residence
0.1804
Acre Lot
1of
Photos
Map
Courtesy: SHAWN LUONG - CENTURY 21 MASTERS
Solid and easy to manage bread and butter rentals with long-term tenants located in Downtown LA and less than 1.5 mi from USC. The lot is zoned RD1.5 and the property is located in an Opportunity Zone which allows disappearance of capital gains if hold 10+ years and 15% discount on the capital gains used for acquisition. The zoning allows for 5 small-lot home development with TOC Tier 3 density bonus. The front building has 4 units, with 2 upstairs and 2 downstairs units. The downstairs units are large one-bedroom with living room and formal dining room and are a similar size with the upstairs 2-bedroom units, thus can be applied for a conversion to a 2-bedroom. The back building is a 3-bedroom house with 2 full bathrooms, currently used as a 5-bedroom house. Four units have been recently updated with laminate wood floor and one unit has its original wood floor refinished. New paint in most units. Two units have new kitchen cabinets less than one-year-old. This property has tremendous upward potential for the right new owner.
CV19027452
Cluster, 2 Story
Los Angeles
1902
0.1804 Acres
2
Frame, Stucco
School Rating Out of 10
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Data Provided by  GreatSchools.org
The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

Walk Score

Transit Score

Bike Score

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Courtesy: SHAWN LUONG - CENTURY 21 MASTERS
Licensed in: DRE# 00857818
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