ADU Delivered with Permit and Vacant. 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.
Property Details
Price:
$895,000
MLS #:
25530401
Status:
Active
Baths:
0
Address:
1166 E Adams Boulevard
Type:
Residential Income
Neighborhood:
c42downtownla
City:
Los Angeles
Listed Date:
Apr 24, 2025
State:
CA
ZIP:
90011
Lot Size:
6,236 sqft / 0.14 acres (approx)
Year Built:
1905
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Schools
Interior
Cooling
Wall/ Window Unit(s)
Interior Features
Ceiling Fan(s)
Exterior
Parking Features
Concrete, Paved
Parking Spots
0.00
Security Features
Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
Sewer
Sewer Paid
Stories Total
1
Financial
Map
Community
- Address1166 E Adams Boulevard Los Angeles CA
- AreaC42 – Downtown L.A.
- CityLos Angeles
- CountyLos Angeles
- Zip Code90011
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1166 E Adams Boulevard
Los Angeles, CA
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