Description
5614 West Adams Boulevard presents an exceptional opportunity to acquire a fully renovated, seven-unit low-rise multifamily asset in the heart of Los Angeles’ burgeoning West Adams submarket. Built in 1961 and recently modernized in 2024, the property sits on a 0.14-acre lot and offers 5,028 square feet of well-appointed living space. Comprised of seven units with an average size of 715 square feet and covered plus surface parking at a ratio of 1.39 spaces per 1,000 square feet, this asset combines classic Mid-Century character with contemporary finishes to appeal to quality tenants...
Documents
Sale Details
- Cap Rate6.33%
- NOI$117,065
- Return-on-Cost7.40%
- Stabilized Cap Rate7.78%
- Stabilized NOI$143,959
- In-Place Cap Rate6.33%
- In-Place NOI$117,065
- GRM10.23
- Potential GRM8.81
- Cash-on-Cash7.40%
- In-Place Rents2,153
- Market Rents2,500
- Rents Below Market20%
Documents
Property Address









Deal Team

Description
5614 West Adams Boulevard presents an exceptional opportunity to acquire a fully renovated, seven-unit low-rise multifamily asset in the heart of Los Angeles’ burgeoning West Adams submarket. Built in 1961 and recently modernized in 2024, the property sits on a 0.14-acre lot and offers 5,028 square feet of well-appointed living space. Comprised of seven units with an average size of 715 square feet and covered plus surface parking at a ratio of 1.39 spaces per 1,000 square feet, this asset combines classic Mid-Century character with contemporary finishes to appeal to quality tenants...
Documents
Sale Details
- Cap Rate6.33%
- NOI$117,065
- Return-on-Cost7.40%
- Stabilized Cap Rate7.78%
- Stabilized NOI$143,959
- In-Place Cap Rate6.33%
- In-Place NOI$117,065
- GRM10.23
- Potential GRM8.81
- Cash-on-Cash7.40%
- In-Place Rents2,153
- Market Rents2,500
- Rents Below Market20%
Documents
Property Address
Deal Team

