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.
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
Multi Family
Built in 1925
-- sqft lot
$3,832,000 Zestimate®
$533/sqft
$-- HOA
What's special
- 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#: BB26177684
Originating 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
| Date | Event | Price |
|---|---|---|
| 8/14/2026 | Listed for sale | $3,950,000+309.3%$533/sqft |
Source: | ||
| 10/10/2025 | Listing removed | $3,595 |
Source: Zillow Rentals Report a problem | ||
| 10/3/2025 | Listed for rent | $3,595 |
Source: Zillow Rentals Report a problem | ||
| 3/10/2023 | Sold | $965,000$130/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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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Neighborhood: Jefferson Park
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