$10,000 Closing Credit¹
#DW25026595, Yossmira Hernandez, Listing Office: First Family Homes
#PW25003449·
Listing Office: Younglewin Advisors, Inc.·
Listing Agent: Daniel Lewin·
Listing Office Phone: 424-224-9344
$3,850,000 List price
1256 W Adams Blvd Los Angeles, CA 90007
0.1 acres
Multi-Family
Property details
About 1256 W Adams Blvd
We are pleased to present 1256 W Adams Blvd, a turnkey stabilized student housing asset located 0.5 miles from the University of Southern California in the North University Park submarket that is most desirable for USC students. The property consists of 3 units and 15 bedrooms - one fully renovated 9 Bed 7 Bath House and two 2022 Construction 3 Bed/3 Bath Units with 4 ground-level enclosed parking spaces. The property is fully leased to USC students for a total monthly rent of $25,414. Offered for $3,850,000 at $256,667 per bedroom and a true 5.86% CAP Rate 1256 W Adams is one of the most competitively priced assets on the market. The property is professionally managed by one of the largest student housing operators in the USC market and the management company is willing to stay in place with a new buyer after close of escrow. The property is fully occupied and already fully pre-leased for the 2024-2025 academic year allowing a new buyer optimally easy management upon ownership. Each Unit is Individually Parceled enabling a buyer to creatively structure the transaction if desired.
Highlights
Home typeTriplex
StatusActive
Lot size0.148 Acres
Year built2022
MLS #PW25003449
Garage4 spaces
Summary
- MLS Number: PW25003449
- MLS Name: CRMLS
- Office Name: Younglewin Advisors, Inc.
- Office Phone: (424) 224-9344
- Listing Agent: Daniel Lewin
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/3/2025, 2:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,850,000
1256 W Adams Blvd
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 18, 2021 | Home Sold | $3,850,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,456,560 | $17,596 |
| 2023 | $1,428,000 | $17,252 |
| 2022 | $1,400,000 | $16,443 |
| 2021 | $1,051,750 | $12,483 |
History based on county public records data.
Nearby schools
6
Vermont Avenue Elementary
Public District KG-5
0.3 mi
•1435 W 27th St
3
John W. Mack Elementary
Public District KG-5
0.5 mi
•3020 S Catalina St
5
Norwood Street Elementary School
Public District KG-5
0.6 mi
•2020 Oak St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $17,835. Typical income of Los Angeles, CA residents is less than $<35k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
69%
<35k
25%
35k-100k
5%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
87%
Single, No Kids
3%
Single, with Kids
5%
Married, No Kids
5%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
4%
<11 yrs old
2%
12-17 yrs old
82%
18-34 yrs old
10%
35-64 yrs old
2%
65+ yrs old
What do the neighbors do for fun?
Music Concerts
Major League Soccer (MLS)
Art Museums
Where do the neighbors shop?
H&M
Banana Republic
Bloomingdales
Where do the neighbors go to eat?
Chipotle
Jack In The Box
Starbucks
What do the neighbors drive?
Volkswagen
Toyota
Audi
What do the neighbors listen to?
Rhythmic Contemporary Hits
Jazz
News
All data provided by Home Junction and Claritas
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This home is located at 1256 W Adams Blvd in Los Angeles, CA and zip code 90007 in the University Park neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since January 7, 2025 and is currently priced at $3,850,000.
Over 212 listings were sold over their listed price in February 2025 in Los Angeles, CA. In the same period over 280 listings were sold below the listed price and 105 listings were sold for the listed price. In February 2025 in Los Angeles, CA there were 10.8% more homes for sale than in January. While the average time on the market in February 2025 was 44 days, the median list price was $989,396.
From Rocket Homes Real Estate and based on county public records data.