4309 WEST ADAMS BOULEVARD - LOS ANGELES

2 story garden style apartment

View from upstairs back units to street

Garden courtyard and open area

4309 W. ADAMS BOULEVARD
4309 W. Adams Blvd., Los Angeles, CA 90018

Investment Amount

$2,571,000

Term of Investment

5 years

Investment Type

Value Add Multifamily

PROPERTY DESCRIPTION

  • Built in 1954 and renovated in 1996
  • Property size is 8,850 square feet
  • Lot size 10,680 sq. ft.
  • Two story building with 12 individual one bedroom units
  • 9 parking spaces at rear of Property

OPPORTUNITY

  • Opportunity to acquire Property at per unit price of $141,000
  • Convert existing board and care facility back to multifamily residential
  • Acquired entire property vacant, enabling us to bring all rebuilt units to market rate rent, without cost of dealing with tenants under rent control

SUSTAINABILITY FACTORS

  • 234,565 gallons of water saved from high efficiency installations (77% improvement)
  • 5.4x the required energy efficient windows replaced

PROPERTY REPORT

Investment Overview
File Size: 3985 kb
File Type: pdf
Download File

Photo Documentation

Updated Rehab Photos 4/5/2018
Updated Rehab Photos 3/20/2018
Updated Rehab Photos 1/31/2018
Updated Rehab Photos 1/24/2018
Updated Rehab Photos 1/19/2018
Updated Rehab Photos 1/4/2018
Updated Rehab Photos 12/12/2017
Updated Rehab Photos 12/4/2017
Updated Rehab Photos 11/27/2017
Updated Rehab Photos 11/8/2017
Updated Rehab Photos 10/30/2017
Home
About
Contact
Strand Strategic Group is involved in making strategic capital investments (debt and equity) in income producing properties or related investments that yield attractive risk adjusted cash flows to our investors through various entities. The platform brings deep capital markets, real estate and fixed income experience to a wide range of transactions.