Listing provided courtesy of Michael R. Fukushima of Keller Williams Los Angeles. Last updated 2025-09-23 08:12:18.000000. Listing information © 2025 Sandicor.
Asking Price: $2,975,000 |
1257 Adams, Los Angeles CA 90007
Community: C16 - Mid Los Angeles
This property was built in 1904 and is priced at $2,975,000. Please see the additional details below.
*This property is part of the Prime Student Housing Portfolio at USC. May be purchased separately or all together.* Turnkey 5-unit student housing investment located within USC's 24-hour patrol zone and Campus ride-share coverage area, just a short walk to campus and USC Village. The property offers 16 bedrooms across 6,230 sq. ft. with a strong 7.0% CAP rate and 10.4 GRM. Fully renovated front duplex includes a 4 Bed/4 Bath and 3 Bed/3 Bath, while the rear duplex (built in 2016) features two 4 Bed/3 Bath townhome-style units. A garage-converted studio ADU (built in 2022) adds additional income potential. Upgraded systems, modern landscaping, on-site parking, and high student demand make this a low-maintenance, high-performing asset. Bonus: driveway offers potential for additional ADU development.