Listing provided courtesy of Tiffany Sung Park of Keller Williams Larchmont. Last updated 2025-04-22 08:11:32.000000. Listing information © 2024 Sandicor.
Asking Price: $799,000 |
1166 Adams, Los Angeles CA 90011
Community: C42 - Downtown L.A.
This property was built in 1905 and is priced at $799,000. Please see the additional details below.
Tenants pay all utilities! Explore a lucrative investment with this strategically located 2 unit with ADU income property; situated just south of Downtown Los Angeles (DTLA). Perfectly positioned, this property is a short 6-minute drive to USC, making it an attractive option for students and professionals alike. Each of the three units offers a spacious layout with 2 bedrooms and 1 full bath. The front building was fully reimagined in 2019, featuring contemporary upgrades that include modern kitchens with stainless steel appliances, stylish bathrooms, and fresh flooring throughout. The back building has been expertly converted from a garage into a comfortable 2-bedroom, 1-bathroom unit, also fully renovated in 2019. This unit provides additional rental potential and complements the front building's appeal. Enjoy the convenience of being just minutes away from FWY, USC, and DTLA, with easy access to public transportation, shopping, dining, and entertainment. This location is highly desirable for renters seeking proximity to major urban amenities. Tenants pay all utilities. This property presents an excellent investment opportunity with its recent renovations, high-demand location, and stable rental income. Whether you're looking for a steady income stream or long-term appreciation, this property delivers. Photos are from before tenants moved in.