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6-Unit Bungalow Apartment Building
For Sale
$865,000

634 E Adams Blvd, Los Angeles, CA 90011

Bungalow-style apartment community with one-bedroom units distributed across multiple structures.

Property Size4,188 SF
Lot Size0.20 Acres
Days on Market55

Property Features for 634 E Adams Blvd

General Information

Standard status Active
Size 4,188 SF
Net Rentable 4,188 SF
Lot size 0.20 Acres
Property subtype MULTI_FAMILY
Zoning LARD1.5

Financials

Cap Rate 6.54%
Gross Rent Multiplier 9.56

Units

Unit Mix 4 x 1BR/1BA, 2 x 1BR/1BA
Multifamily Units 6

Building Details

Building Size 4,188 SF
Year Built 1912
Buildings 5
Stories 2
Construction bungalow
Listing Agency: Kidder Mathews of California, Inc.
Listed By: Casey Lins · License #01902650
Source: Rochellemaize
Added: Jul 7 Changed: Aug 29 Last Checked: Aug 29 at 1:39PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kidder Mathews of California, Inc.

Investment Insights

Based on property information with market context.

This six-unit apartment property comprises four individual two-story bungalow buildings plus a separate two-story duplex. The unit mix includes six one-bedroom, one-bath residences, with 4,188 rentable square feet in total. Built in 1912, the community occupies an 8,575-square-foot LARD1.5 lot.

The property is located near Trader Joe’s, Superior Grocers, USC, The Coliseum, LAFC, Crypto.com Arena, and the Convention Center. Additional employment opportunities are identified in the surrounding area. Current operations reflect a 9.56 GRM and 6.54% cap rate, while pro forma rents reflect a 5.25 GRM and 14.54% cap rate.

Key Highlights

  • Six one‑bedroom, one‑bath apartment units across five separate structures
  • 4,188 rentable square feet on an 8,575‑square‑foot LARD1.5 lot
  • Four standalone two‑story bungalows plus a rear two‑story duplex

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Law Firm Veterinary Clinic Nursing Home Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

2,493
Businesses Nearby

Demographics for 90011, CA

102,308
Population
25,119
Households
4.1
Avg Household Size
30
Median Age
6%
College-Educated
43%
High-School Grad
4.3 sq mi
ZIP Area
23,793
Density / Sq Mi
$53,781
Median Household Income
$27,889
Median Earnings
$1,497
Median Rent
$575,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Bungalow-style apartment community with one-bedroom units distributed across multiple structures.
Where is this apartment building located?
The property is located at 634 E Adams Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $865,000.
What are key features of this property?
This property features: Six one‑bedroom, one‑bath apartment units across five separate structures; 4,188 rentable square feet on an 8,575‑square‑foot LARD1.5 lot; Four standalone two‑story bungalows plus a rear two‑story duplex
More about this property
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