
Los Angeles, California 90018
This 5,580 square foot quadruplex presents a High-Potential Investment Opportunity with a List Price of $1,600,000, positioned near the $1,605,425 Fair Market Value. While the property requires significant capital expenditure due to its Condition Rating of 5, the massive interior scale and historic West Adams location provide a strong foundation for value-add repositioning. The asset offers substantial rental demand potential for Buy-and-Hold Investors and Experienced Developers capable of modernizing century-old infrastructure to maximize long-term cash flow and appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1875 W Adams Subject | $1,600,000* List Price | 0 | 0 | 5,580 | $288 | - |
A 2103 3rd Avenue Active | $1,199,000 List Price | 0 | 0 | 3,804 | $315 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1921, this property is over 100 years old. While the exterior has a modern mural, the 'Room for Rent' signage and age suggest that the internal systems (HVAC, Electric) and kitchens/baths are likely dated or original, falling into the >30-year category requiring significant rehab to meet modern standards.
As a 5,580 square foot quadruplex, this property offers substantial scale for a residential income asset, providing large unit footprints that can command premium rents in the Los Angeles market.
Located in the historic West Adams district, the property sits in a high-demand, central area known for its architectural character and rapid appreciation, offering strong long-term investment stability.
The massive interior square footage relative to the lot size represents a high floor-area ratio, maximizing the rentable space and utility of the 1920s-era construction.
The listing price was recently adjusted upward from $1.2M to $2M, a 66% increase that may create appraisal hurdles and require a buyer with a high tolerance for aggressive market valuations.
Built in 1921, the property likely requires significant capital expenditure for seismic retrofitting, system upgrades, and general maintenance typical of century-old multi-family structures.
Exceptional opportunity in Los Angeles. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.0 |
| Square foot | 5,580 | 2,187.451 |
| Lot Size | 6,652 | 5,841.385 |
| Price | $1.60M | $841.5K |
| Price per sq ft | $287 | $385 |
| Built year | 1921 | 1928 |
| HOA | $0 | $0 |
| Days on market | 91 | 85 |
Aug 6, 2026
$1,600,000
$2,000,000
-20% Price Drop
Initial Listing
Jun 12, 2026
$2,000,000
Initial Listing
Jun 10, 2026
$1,200,000
Initial Listing
Sep 15, 2004
$485,000
Public Record