1335 1337 E Adams BLVD, Los Angeles, CA 90011 (MLS # SR26157423)
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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.
| DAYS ON MARKET | 12 | LAST UPDATED | 7/21/2026 |
|---|---|---|---|
| YEAR BUILT | 1904 | COMMUNITY | C42 - Downtown L.A. |
| COUNTY | Los Angeles | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Range, Gas Oven, Gas Range |
| AREA | C42 - Downtown L.A. |
| HEAT | Wall Furnace |
| INTERIOR | Ceiling Fan(s), Laminate Counters |
| LOT | 6743 sq ft |
| LOT DESCRIPTION | Level, Near Public Transit, Rectangular Lot |
| LOT DIMENSIONS | 6743 |
| PARKING | Concrete |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | Split/Multi Level |
| UTILITIES | Electricity Connected, Natural Gas Connected, Water Connected |
| VIEW DESCRIPTION | None |
| WATER | Public |
TOTAL MONTHLY PAYMENT
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