We are pleased to present 1256 W Adams Blvd, a turnkey stabilized student housing asset located 0.5 miles from the University of Southern California in the North University Park submarket that is most desirable for USC students.
The property consists of 3 units and 15 bedrooms – one fully renovated 9 Bed 7 Bath House and two 2022 Construction 3 Bed/3 Bath Units with 4 ground-level enclosed parking spaces. The property is fully leased to USC students for a total monthly rent of $25,414.
Offered for $3,850,000 at $256,667 per bedroom and a true 5.86% CAP Rate 1256 W Adams is one of the most competitively priced assets on the market.
The property is professionally managed by one of the largest student housing operators in the USC market and the management company is willing to stay in place with a new buyer after close of escrow. The property is fully occupied and already fully pre-leased for the 2024-2025 academic year allowing a new buyer optimally easy management upon ownership.
Each Unit is Individually Parceled enabling a buyer to creatively structure the transaction if desired.
The property consists of 3 units and 15 bedrooms – one fully renovated 9 Bed 7 Bath House and two 2022 Construction 3 Bed/3 Bath Units with 4 ground-level enclosed parking spaces. The property is fully leased to USC students for a total monthly rent of $25,414.
Offered for $3,850,000 at $256,667 per bedroom and a true 5.86% CAP Rate 1256 W Adams is one of the most competitively priced assets on the market.
The property is professionally managed by one of the largest student housing operators in the USC market and the management company is willing to stay in place with a new buyer after close of escrow. The property is fully occupied and already fully pre-leased for the 2024-2025 academic year allowing a new buyer optimally easy management upon ownership.
Each Unit is Individually Parceled enabling a buyer to creatively structure the transaction if desired.
Property Details
Price:
$3,850,000
MLS #:
PW25003449
Status:
Active
Baths:
0
Address:
1256 W Adams Boulevard
Type:
Residential Income
Subtype:
Triplex
Neighborhood:
c42downtownla
City:
Los Angeles
Listed Date:
Jan 6, 2025
State:
CA
ZIP:
90007
Lot Size:
6,446 sqft / 0.15 acres (approx)
Year Built:
2022
See this Listing
Mortgage Calculator
Schools
Interior
Exterior
Community Features
Urban
Garage Spaces
4.00
Lot Features
16-20 Units/ Acre
Parking Spots
4.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Map
Community
- Address1256 W Adams Boulevard Los Angeles CA
- AreaC42 – Downtown L.A.
- CityLos Angeles
- CountyLos Angeles
- Zip Code90007
Similar Listings Nearby
- 1218 Arapahoe St
Los Angeles, CA$4,997,000
1.12 miles away
- 205 N Kenmore Avenue
Los Angeles, CA$4,950,000
2.95 miles away
- 6825 Albany Street
Huntington Park, CA$4,750,000
4.94 miles away
- 1002 N Mariposa Avenue
Los Angeles, CA$4,695,000
3.96 miles away
- 1271 W 39th Place
Los Angeles, CA$4,500,000
1.41 miles away
- 1338 Crenshaw Boulevard
Los Angeles, CA$4,500,000
2.43 miles away
- 2260 W 15th Street
Los Angeles, CA$4,450,000
0.86 miles away
- 311 S New Hampshire Avenue
Los Angeles, CA$4,250,000
2.51 miles away
- 2234 Crenshaw Boulevard
Los Angeles, CA$4,222,000
2.54 miles away
- 843 S Ardmore Avenue
Los Angeles, CA$4,200,000
1.85 miles away

1256 W Adams Boulevard
Los Angeles, CA
LIGHTBOX-IMAGES