Sold for $725,000

Listed by: Allstars Realty • Ariadna Cardenas • Contact: 323-600-5251

Bought with: Allstars Realty

$725,000

217 E Adams Blvd, Los Angeles, CA 90011

4beds

--baths

3,692sqft

Quadruplex

Built in 1903

-- sqft lot

$915,200 Zestimate^®

$196/sqft

$2,098 Estimated rent

Home value

$915,200

$769,000 - $1.09M

$2,098/mo

Zestimate^® history

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$2,098/mo

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$2,098/mo

Rent Zestimate^®

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$4,604/mo

Est. payment

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$4,604/mo

Est. payment

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What's special

Staples centerCalifornia science centerWater linesExposition parkLa fc stadiumLa convention center

USC IS ONLY 7 MINUTES AWAY!!! Take advantage of this great opportunity of owning an investment in the booming downtown Los Angeles area. In addition to being within walking distance of the Metro Line Station, these units have very easy access to the 110 and 10 Freeway. All units have been fully leased out with long term tenants. The owner has replaced all plumbing, drains, sewer, and water lines and each unit now has its own water, electrical, and gas meter. Very low maintenance is needed to own this wonderful investment. These 4 units are conveniently located near the LA Memorial Coliseum, Staples Center, LA FC Stadium, LA Convention Center, Exposition Park, LAX, Fashion District, California Science Center, the Natural History Museum and so much more! ***Very low expenses, Tenants pay for it's own Water, electric, gas, trash and sewer bill***

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4

Appliances

Laundry: Inside

Features

Common walls with other units/homes: 2+ Common Walls

Interior area

Total structure area: 3,692
Total interior livable area: 3,692 sqft

Property

Features

Entry location: Front & back
Pool features: None

Lot

Size: 7,447 Square Feet
Features: Back Yard, Front Yard

Details

Parcel number: 5127036010
Zoning: LARD1.5
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex
Attached to another structure: Yes

Condition

New construction: No
Year built: 1903

Utilities & green energy

Sewer: Unknown
Water: Public

Community & HOA

Community

Features: Curbs, Street Lights, Sidewalks

Location

Region: Los Angeles

Financial & listing details

Price per square foot: $196/sqft
Tax assessed value: $739,500
Annual tax amount: $9,525
Date on market: 6/22/2023
Cumulative days on market: 42 days
Listing terms: Cash,Cash to New Loan,Conventional
Tenant pays: All Utilities, Electricity, Gas, Sewer, Trash Collection, Water

Price history

Date	Event	Price
9/15/2023	Sold	$725,000+3.6%$196/sqft
Source: CRMLS #DW23111847 Report a problem
8/8/2023	Pending sale	$700,000$190/sqft
Source: CRMLS #DW23111847 Report a problem
6/29/2023	Listed for sale	$700,000-24.3%$190/sqft
Source: CRMLS #DW23111847 Report a problem
9/25/2021	Listing removed	--
Source: SDMLS #DW20205221 Report a problem
7/15/2021	Listed for sale	$925,000-5.1%$251/sqft
Source: SDMLS #DW20205221 Report a problem
1/15/2021	Listing removed	--
Source: CRMLS Report a problem
12/23/2020	Price change	$975,000-11.4%$264/sqft
Source: Allstars Realty #DW20205221 Report a problem
10/1/2020	Listed for sale	$1,100,000+152.9%$298/sqft
Source: Allstars Realty #DW20205221 Report a problem
10/29/2015	Sold	$435,000+24.3%$118/sqft
Source: Public Record Report a problem
1/16/2013	Sold	$350,000$95/sqft
Source: Public Record Report a problem
12/30/2012	Price change	$350,000+0.3%$95/sqft
Source: Bret Lewis, Broker #P844132 Report a problem
12/28/2012	Listed for sale	$349,000+68.6%$95/sqft
Source: Bret Lewis, Broker #P844132 Report a problem
12/14/2012	Sold	$207,002$56/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$9,525 +1.8%	$739,500 +2%
2024	$9,354 +41.9%	$725,000 +46.5%
2023	$6,593 +4.6%	$494,952 +2%
2022	$6,304 +1.5%	$485,248 +2%
2021	$6,211 -0.9%	$475,734 +1%
2020	$6,266	$470,857 +2%
2019	$6,266 +6.1%	$461,625 +2%
2018	$5,904	$452,574 +2%
2017	$5,904 +2.1%	$443,700 +2%
2016	$5,781 +2.9%	$435,000 +21.3%
2015	$5,617 +18.5%	$358,613 +2%
2014	$4,740	$351,589 +635.5%
2012	--	$47,804 +2%
2011	--	$46,868 +0.8%
2010	--	$46,518 -0.2%
2009	--	$46,630 +2%
2008	--	$45,716 +2%
2007	--	$44,820 +2%
2006	--	$43,942
2005	--	$43,942 +4%
2004	--	$42,238 +1.9%
2003	--	$41,464 +2%
2002	--	$40,652 +4%
2000	--	$39,076