4220 W Adams Blvd, Mid-City
11-Unit Reno/New Cons. Units | $344,160K Gross | 6.55% Cap | Fully Leased
The 5+ Unit Specialists are pleased to present 4220 W Adams Blvd, a fully leased 11-unit opportunity in Mid-City. The property combines a renovated Spanish-style building with a newly constructed five-unit building and offers five 3-bedroom and six 1-bedroom units. Generating $344,160 in annual gross income at a 6.55% cap rate, the property features designer interiors, in-unit laundry, HVAC and separately metered utilities. Located minutes from Culver City, West Adams and the Expo Line, this turnkey asset offers strong day-one cash flow.
The Important
Details
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$3,950,000
11-Unit
Pre-Market
11
2026
6.55%
11.62
$339,960/Year
7,412 sqft
7,503 sqft
$532.92
$359,091
5x 3b/2b, 6x1b/1b
Yes
4 Parking Spots
Yes
Other Features:
100% LEASED NOW,
6.55 Cap Rate!
The Highlights
Fully stabilized 11-unit investment generating approximately $344,160 in gross annual income and an attractive 6.55% cap rate.
Rare combination of renovated Spanish architecture and newly constructed apartments, offering modern amenities with timeless curb appeal.
Excellent unit mix featuring five spacious 3-bedroom units and six 1-bedroom units, appealing to a broad tenant pool.
Beautiful designer interiors featuring sleek kitchens and bathrooms, kitchen islands, in-unit laundry, central HVAC or mini-splits, and private balconies on many units.
Separately metered for all utilities, keeping operating expenses low and maximizing investor returns.
Located in one of Mid-City's strongest rental pockets, just minutes from Culver City, West Adams, the Expo Line, and major employment centers including Sony, Amazon, Apple, and HBO.
Walking distance or a short drive to neighborhood favorites including Alta Adams, Mizlala, Highly Likely, Johnny's Pastrami, Tartine, and more, enhancing long-term tenant appeal.
Surrounded by significant redevelopment and luxury new construction, supporting continued rent growth and long-term appreciation.
Attractive opportunity for both private investors and 1031 exchange buyers seeking a low-maintenance, turnkey asset with immediate cash flow.
The Neighborhood
<15-Minute Walk
Midtown Shopping Center, Hollywood Night Market, Planet Fitness, Five Guys, Pacific French Bakery, Spaccio Salumeria, Menchitas, Washington Irving Branch Library, Starbucks, , Roscoe's Chicken and Waffles, Olive Garden, Wingstop, Subway, Jamba Juice
<15-Minute Drive
Sprouts, Starbucks, Target, Westside Boxing Club, Johnny's Pastrami, Pips on La Brea, L.A. Grind Coffee And Tea Bar, Pacific French Bakery, Tartine West Adams, Alta, Mizlala, Delicious Pizza, The Underground Museum, Vees Cafe, Infinity Room, Farmhouse Kitchen
<$15 Uber Ride
Downtown Culver City, Ivy Station, The Culver Steps, Trader Joes, Equinox, Amazon Studios, The Culver Hotel, Sony Pictures, Midtown Shopping Center, The Grove, LACMA, The Farmer’s Market, El Rey Theatre, Pasta Sisters,The Mint, Akasha, Public School, The Mandrake
Property Presented By:
