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New construction
  • Listed by: Myunits.com Inc. • Lauren Cearley • Contact: 213-302-8662
    $3,950,000

    4220 W Adams Blvd, Los Angeles, CA 90018

    21beds
    16baths
    7,412sqft
    : 
    $27,018/mo
    Get pre-qualified
    Multi Family
    Built in 1925
    -- sqft lot
    $3,832,000 Zestimate®
    $533/sqft
    $-- HOA

    What's special

    4220 W. Adams Blvd is an exceptional opportunity to acquire a fully stabilized 11-unit apartment community in the heart of rapidly transforming Mid-City. Comprised of one beautifully renovated Spanish-style building and a newly constructed five-unit apartment building, this turnkey asset offers investors immediate cash flow with approximately $344,160 in gross annual income and an attractive 6.55% cap rate. The property features an ideal mix of five spacious three-bedroom units and six one-bedroom units, all thoughtfully designed with modern finishes including sleek kitchens, designer bathrooms, in-unit washer/dryers, central HVAC or mini-splits, and many units with private balconies. All utilities are separately metered, helping keep operating expenses low while creating a truly low-maintenance investment. Ideally located just minutes from Culver City, West Adams, and the Metro Expo Line, the property benefits from strong rental demand driven by nearby tech and media employers including Amazon, Sony, Apple, and HBO. Residents enjoy convenient access to some of Los Angeles' most popular restaurants, cafés, and entertainment destinations, while the surrounding neighborhood continues to experience significant redevelopment and investment. This highly desirable location continues to attract young professionals seeking modern housing with convenient access to the Westside, Downtown Los Angeles, and the city's major employment hubs. With its prime location, turnkey condition, strong in-place financials, and excellent long-term growth potential, 4220 W. Adams Blvd presents an outstanding opportunity for investors seeking stable day-one cash flow and continued appreciation.
    25 days
    85
    5

    Zillow last checked:

    Listing updated:

    Listed by:

    Lauren Cearley DRE #02146823 213-302-8662,

    Myunits.com Inc.,

    Cheyenne Womack DRE #02064825 805-973-7470,

    Myunits.com Inc.

    Source: CRMLS,MLS#: BB26177684MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 21
      • Bathrooms: 16
      Appliances
      • Laundry: Inside
      Features
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: 1 Common Wall
      Interior area
      • Total structure area: 7,412
      • Total interior livable area: 7,412 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      • Parking features: Assigned
      • Garage spaces: 4
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: 1
      • Pool features: None
      Lot
      • Size: 7,503 Square Feet
      • Features: Landscaped
      Details
      • Parcel number: 5051005010
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Condition
      • New construction: Yes
      • Year built: 1925

      Utilities & green energy

      • Electric: Standard
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Sidewalks
      Location
      • Region: Los Angeles

      Financial & listing details

      • Price per square foot: $533/sqft
      • Tax assessed value: $1,024,065
      • Date on market: 8/14/2026
      • Cumulative days on market: 25 days
      • Listing terms: Submit
      • Total actual rent: 28330
      • Tenant pays: All Utilities

        Estimated market value

        $3,832,000

        $3.64M - $4.02M

        $2,386/mo

        Price history

        DateEventPrice
        8/14/2026Listed for sale$3,950,000+309.3%$533/sqft
        Source: CRMLS #BB26177684 Report a problem
        10/10/2025Listing removed$3,595
        Source: Zillow Rentals Report a problem
        10/3/2025Listed for rent$3,595
        Source: Zillow Rentals Report a problem
        3/10/2023Sold$965,000$130/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $1,024,065 +2%
        2025$12,691 +1.5%$1,003,986 +2%
        2024$12,500 +754.3%$984,300 +1437.2%
        2023$1,463 +2.8%$64,032 +2%
        2022$1,423 +3.2%$62,777 +2%
        2021$1,380 -0.2%$61,547 +1%
        2020$1,382 $60,917 +2%
        2019$1,382 +10.2%$59,723 +2%
        2018$1,255 $58,553 +2%
        2017$1,255 +1.2%$57,406 +2%
        2016$1,240 +6.7%$56,282 +1.5%
        2015$1,162 -2.1%$55,437 +2%
        2014$1,186 $54,352 +2.5%
        2012-- $53,047 +2%
        2011-- $52,008 +0.7%
        2010-- $51,621 -0.2%
        2009-- $51,745 -93.5%
        2008-- $800,000 +1508.5%
        2007-- $49,737 +2%
        2006-- $48,763
        2005-- $48,763 +4%
        2004-- $46,872 +1.9%
        2003-- $46,014 +2%
        2002-- $45,113 +4%
        2000-- $43,363
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Jefferson Park

        Getting around

        80 / 100
        Very Walkable
        50 / 100
        Good Transit
        48 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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