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1166 E Adams Blvd, Los Angeles, CA 90011

List Price: $895,000On Market FlagOn market
Apr 24, 20252,299 sqft5 beds3 baths
Listed by: Tiffany Sung Park
License #: 01938831
Phone #: 213-248-5985
Keller Williams Larchmont
Source:
CRMLS Logo
MLS #: 25530401

Property Description

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.
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

$14,802

TurboHome Estimated Value

$940,900

$409 sqft

High Valuation
$987,945
$430/sqft
Normal Valuation
$940,900
$409/sqft
Low Valuation
$893,855
$389/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$409/sqft$940,900

Neighborhood: Central City

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Comparative Value

$614K

$765K

$863K

$895K

1157 E 20th St, Los Angeles, CA 90011

Sale Price: $614,000

Selected Comparable

1008 E Adams Blvd, Los Angeles, CA 90011

Sale Price: $615,000

Selected Comparable

1580 E 47th St, Los Angeles, CA 90011

Sale Price: $765,000

Selected Comparable

625 E 21st St, Los Angeles, CA 90011

Sale Price: $765,000

Selected Comparable

1401 E 41st Pl, Los Angeles, CA 90011

Sale Price: $863,000

Selected Comparable

1166 E Adams Blvd, Los Angeles, CA 90011

List Price: $895,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
1166 E Adams Blvd, Los Angeles, CA 90011

1166 E Adams Blvd, Los Angeles, CA 90011

List: $895,000

Listed: 4/24/2025

Area:2,299 sqft
Price/sqft:$389
Beds:5
Baths:3
Year Built:
Lot Size:6,236

Comparable Properties

COMPARABLE
Choose comps
1580 E 47th St, Los Angeles, CA 90011

1580 E 47th St, Los Angeles, CA 90011

Sale: $765,000

3/26/20251.22 mi

Area:2,297 sqft
Price/sqft:$333
Beds:5
Baths:3
Year Built:
Weight:23.7%
1157 E 20th St, Los Angeles, CA 90011

1157 E 20th St, Los Angeles, CA 90011

Sale: $614,000

5/15/20250.50 mi

Area:2,292 sqft
Price/sqft:$268
Beds:6
Baths:3
Year Built:
Weight:21.1%
1008 E Adams Blvd, Los Angeles, CA 90011

1008 E Adams Blvd, Los Angeles, CA 90011

Sale: $615,000

12/23/20240.20 mi

Area:2,284 sqft
Price/sqft:$269
Beds:4
Baths:3
Year Built:
Weight:20.5%
1401 E 41st Pl, Los Angeles, CA 90011

1401 E 41st Pl, Los Angeles, CA 90011

Sale: $863,000

7/22/20250.67 mi

Area:1,990 sqft
Price/sqft:$434
Beds:4
Baths:3
Year Built:
Weight:19.8%
625 E 21st St, Los Angeles, CA 90011

625 E 21st St, Los Angeles, CA 90011

Sale: $765,000

11/20/20240.73 mi

Area:2,893 sqft
Price/sqft:$264
Beds:6
Baths:3
Year Built:
Weight:14.8%

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