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1257 W Adams Blvd, Los Angeles, CA 90007

List Price: $2,975,000On Market FlagOn market
Jun 2, 20253,656 sqft5 beds4 baths
Listed by: Michael R. Fukushima
License #: 01380445
Phone #: 818-321-6490
Keller Williams Los Angeles
Source:
CRMLS Logo
MLS #: 25546579

Property Description

*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.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

-$2,784

TurboHome Estimated Value

$1,394,700

$381 sqft

High Valuation
$1,464,435
$401/sqft
Normal Valuation
$1,394,700
$381/sqft
Low Valuation
$1,324,965
$362/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$381/sqft$1,394,700

Neighborhood: South Los Angeles

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Comparative Value

$1.02M

$1.50M

$2.98M

3918 S Normandie Ave, Los Angeles, CA 90037

Sale Price: $1,025,000

Selected Comparable

2641 Raymond Ave, Los Angeles, CA 90007

Sale Price: $1,035,000

Selected Comparable

6254 S Van Ness Ave, Los Angeles, CA 90047

Sale Price: $1,077,000

Selected Comparable

2754 Kenwood Ave, Los Angeles, CA 90007

Sale Price: $1,500,000

Selected Comparable

2271 W 23rd St, Los Angeles, CA 90018

Sale Price: $1,570,000

Selected Comparable

1257 W Adams Blvd, Los Angeles, CA 90007

List Price: $2,975,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
1257 W Adams Blvd, Los Angeles, CA 90007

1257 W Adams Blvd, Los Angeles, CA 90007

List: $2,975,000

Listed: 6/2/2025

Area:3,656 sqft
Price/sqft:$814
Beds:5
Baths:4
Year Built:
Lot Size:7,719

Comparable Properties

COMPARABLE
Choose comps
2754 Kenwood Ave, Los Angeles, CA 90007

2754 Kenwood Ave, Los Angeles, CA 90007

Sale: $1,500,000

10/24/20240.67 mi

Area:3,502 sqft
Price/sqft:$428
Beds:5
Baths:4
Year Built:
Weight:22.3%
6254 S Van Ness Ave, Los Angeles, CA 90047

6254 S Van Ness Ave, Los Angeles, CA 90047

Sale: $1,077,000

7/28/20253.90 mi

Area:3,328 sqft
Price/sqft:$324
Beds:5
Baths:4
Year Built:
Weight:22.1%
2641 Raymond Ave, Los Angeles, CA 90007

2641 Raymond Ave, Los Angeles, CA 90007

Sale: $1,035,000

11/27/20240.61 mi

Area:3,264 sqft
Price/sqft:$317
Beds:5
Baths:3
Year Built:
Weight:18.7%
2271 W 23rd St, Los Angeles, CA 90018

2271 W 23rd St, Los Angeles, CA 90018

Sale: $1,570,000

11/4/20241.51 mi

Area:4,300 sqft
Price/sqft:$365
Beds:5
Baths:4
Year Built:
Weight:18.7%
3918 S Normandie Ave, Los Angeles, CA 90037

3918 S Normandie Ave, Los Angeles, CA 90037

Sale: $1,025,000

3/28/20251.44 mi

Area:3,492 sqft
Price/sqft:$294
Beds:4
Baths:4
Year Built:
Weight:18.1%

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