630 E Adams Blvd Los Angeles, CA 90011
Property details
About 630 E Adams Blvd
Discover an exceptional investment opportunity with this stunning new construction, green-certified six-unit building in the heart of Los Angeles. The building features a diverse mix of two 4-bedroom, 3-bath units; two 4-bedroom, 4-bath units; and two 3-bedroom, 3-bath units. Each unit is meticulously designed with open floor plans, spacious living and dining areas, gourmet kitchens equipped with stainless steel appliances, quartz countertops, and stylish cabinetry. Additional highlights include private yards, in-unit laundry, central HVAC, and sleek, modern bathrooms with premium fixtures. Ample closet space and high-end, durable finishes complete these thoughtfully designed units, built to attract tenants and minimize maintenance costs. Currently fully occupied, the property delivers a strong 5.83% cap rate in year one, with projections increasing to 6.12% in year two due to built-in rent escalations. Adding to the investment’s appeal is the potential to convert two garages into Accessory Dwelling Units (ADUs), creating two additional 2-bedroom units with custom amenities such as kitchens, bathrooms, and living spaces. This value-add opportunity could unlock a potential 7.5% cap rate, further enhancing the already impressive cash flow. With each unit separately metered, landlords avoid utility expenses, boosting profitability. The property’s prime location enhances its value and tenant appeal. Located less than 1.3 miles from USC’s West Entrance and 1.8 miles from the Los Angeles Memorial Coliseum and LAFC Stadium, the building benefits from proximity to key city landmarks and vibrant attractions. Boasting an 85 Walk Score, tenants enjoy easy access to freeways, public transportation, and nearby shopping, dining, and entertainment. The neighborhood’s thriving rental market ensures long-term appreciation and consistent occupancy. Investors also gain peace of mind with a 1-year builder warranty, while the green-certified construction offers energy efficiency and reduced tenant utility costs. The property includes 12 parking spaces (8 covered garage spots and 4 uncovered), a rare and desirable feature in Los Angeles. Best of all, this property is exempt from rent control, allowing for maximum rental income and flexibility. Whether expanding your portfolio or seeking a high-performing investment, this property offers unmatched financial benefits, modern amenities, and strong market potential.
Highlights
Summary
- MLS Number: OC24234576
- MLS Name: CRMLS
- Office Name: Four Brothers Real Estate, Inc.
- Office Phone: (949) 413-7911
- Listing Agent: Drew Dunn
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: 3/4/2025, 9:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,700,000
630 E Adams Blvd
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 23, 2023 | Home Sold | $637,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $649,332 | $8,188 |
| 2023 | $124,414 | $1,890 |
| 2022 | $121,975 | $1,814 |
| 2021 | $119,585 | $1,789 |
| 2020 | $118,360 | $1,744 |
| 2019 | $116,040 | $1,655 |
| 2018 | $113,765 | $1,621 |
| 2017 | $111,536 | $1,621 |
History based on county public records data.
Nearby schools
3
28th Street School
Public District KG-5
0.2 mi
•2807 Stanford Ave
7
Dolores Huerta Elementary School
Public District KG-5
0.4 mi
•260 E 31st St
3
Quincy Jones Elementary
Public District KG-5
0.5 mi
•900 E 33rd 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 $28,780. The most common annual income of people living in Los Angeles, CA is less than $<35k. Residents typically live in married, with kids family. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Ross Dress For Less
Foot Locker
H&M
Where do the neighbors go to eat?
Jack In The Box
Little Caesars
Boston Market
What do the neighbors drive?
Nissan
Dodge
Honda
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
Frequently asked questions
About 630 E Adams Blvd
This home is located at 630 E Adams Blvd in Los Angeles, CA and zip code 90011 in the South LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since November 19, 2024 and is currently priced at $3,700,000.
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. The inventory of homes for sale in Los Angeles, CA between January and February 2025 increased by 10.8%. In February 2025 median list price was $989,396 and the average listing age was 44 days.