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Backup Offers

1166 E Adams Blvd, Los Angeles, CA, 90011

$799,000

Home List Price

$9,488*

Closing Credit

6 Bedrooms
3 Baths
2,299 SqFt
$348/SqFt
House

Location

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1166 E Adams Blvd, Los Angeles$799,000

Buyer Closing Credits

$9,488*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingDriveway, Gated, Uncovered
Year Built1905
HeatingWall Furnace
MLS #24436503
Lot Size0.14 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 1166 E Adams Blvd

Rent Increases from November 2024! Tenants pay all utilities! Explore a lucrative investment with this strategically located 3-unit 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. With its recent renovations, high-demand location, and stable rental income, this property presents an excellent investment opportunity. Whether you're looking for a steady income stream or long-term appreciation, this property delivers. Photos are before tenants moved in.

Property Details

Property Features

Property Information:

  • Year Built: 1905
  • Stories: 1
  • Living Area: 2,299 SqFt

Listing Office:

  • Office Name: Keller Williams Larchmont
  • Office Phone: (323) 762-2600
  • Listing Agent: Tiffany Sung Park

Interior Features

Interior Information:

  • Flooring Type: Laminate
  • Interior: Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Parking: Driveway, Gated, Uncovered

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace

Other

Directions Information:

  • Directions: On E Adams Blvd, between S Central Ave and Naomi Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $799,000
  • Price Per SqFt: $348/SqFt

Tax Information:

  • Annual Amount: $5,952
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

1166 E Adams Blvd vs Los Angeles

99 DAYS ON ROCKET

+61 Days

$799,000

-$222.5K Less

$348/SqFt

-$292 Less

KEY TAKEAWAY

This property is $222.5K less than the Median Sold Price and $292/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24436503

Listing Office:

  • Office Name: Keller Williams Larchmont
  • Office Phone: (323) 762-2600
  • Listing Agent: Tiffany Sung Park

IDX 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: 12/21/2024, 9:21:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$5,952$472,847
2020$5,617$453,900
2019$494$445,000
2018$484$24,295
2017$484$23,819

History based on county public records data.

Payment Calculator

$4,055

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,462

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-792847
5
/10

  • 20th Street Elementary School

  • 1353 E 20th St

  • 0.40 miles

  • Public District Grades KG-5

school-card-donut-792848
3
/10

  • Quincy Jones Elementary

  • 900 E 33rd St

  • 0.47 miles

  • Public District Grades KG-5

school-card-donut-792849
7
/10

  • Synergy Charter Academy

  • 900 E 33rd St

  • 0.47 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,052. The most common annual income of people living in Los Angeles, CA is less than $35k. The majority of families are married, with kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1166 E Adams Blvd

What is the listing price of this property?

The listing price of 1166 E Adams Blvd property is $799,000.

What type of property is this?

The property 1166 E Adams Blvd is a house located in Los Angeles, California, 90011.

Is this property for sale now?

Accepting Backup Offers: 1166 E Adams Blvd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,952 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1166 E Adams Blvd has 6 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 1166 E Adams Blvd is 2,299 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1166 E Adams Blvd is 1905.

Rocket Homes›California›Los Angeles County›Los Angeles›90011›1166 E Adams Blvd

This home is located at 1166 E Adams Blvd in Los Angeles, CA and zip code 90011 in the South LA neighborhood. This 2,299 square foot home, which was built in 1905, sits on a 0.14 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 13, 2024 and is currently priced at $799,000.

Los Angeles, CA housing market in November 2024 saw over 512 listings sold above listed price, more than 177 sold at listed price and over 657 sold below. The number of listings in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. Listings spent 38 days on the market in November 2024, and had a median list price of $1,021,532 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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