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Listing Agent: Casey Lins CalDRE: 01902650 - Kidder Mathews of California, Inc.
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The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

5115 W Adams Boulevard,  Los Angeles CA, 90016

(Active)
$2,485,000
|
5,867 sqft
|
MLS# 24351491

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Last Updated: 5/8/2024 9:04 PM
Description for 5115 W Adams Boulevard Los Angeles, CA 90016
West Adams Creative! We are pleased to present 5115 W Adams Blvd, a commercial building with 4-6 parking spaces along one of the trendiest corridors in Los Angeles. Located just steps away from numerous iconic West Adams restaurants, including Tartine, Alta, Mizlala, Farmhouse Kitchen, Chulita, and Cento, any owner-user will fall in love with the neighborhood. There is immediate opportunity for an owner-user to utilize low-down payment SBA financing and create a demanding presence along a booming corridor that consists restaurants, new hotels, art galleries, and production studios throughout. Priced well below the neighborhood average of $716/sf on commercial buildings, the building presents a true under market opportunity. With the property being designated within an Opportunity Zone, there are financial benefits available both for owner-users and investors, providing additional motivating factors for a purchase. For more information please contact the listing broker.
Price
$2,485,000
Los Angeles
5,867 (approx)
24351491
Active
Description
West Adams Creative! We are pleased to present 5115 W Adams Blvd, a commercial building with 4-6 parking spaces along one of the trendiest corridors in Los Angeles. Located just steps away from numerous iconic West Adams restaurants, including Tartine, Alta, Mizlala, Farmhouse Kitchen, Chulita, and Cento, any owner-user will fall in love with the neighborhood. There is immediate opportunity for an owner-user to utilize low-down payment SBA financing and create a demanding presence along a booming corridor that consists restaurants, new hotels, art galleries, and production studios throughout. Priced well below the neighborhood average of $716/sf on commercial buildings, the building presents a true under market opportunity. With the property being designated within an Opportunity Zone, there are financial benefits available both for owner-users and investors, providing additional motivating factors for a purchase. For more information please contact the listing broker.
Listing Information
Property Type: Business Opportunities, 2 Story
0.13 Acres 5,867 (approx) 1936
2
Neighborhood
Room Information
Exterior / Lot Features
6 Parking Spaces, 0 Covered Parking Spaces,
LAC2
Driving Directions
Google Maps: 5115 W Adams Blvd. Los Angeles, CA 90016
Financial Considerations
5049009046
Listing Price History

Los Angeles Real Estate

Los Angeles is located in California. Los Angeles, California 90016 has a population of 3,956,168.

The median household income in Los Angeles, California 90016 is $51,463. The median household income for the surrounding county is $73,262 compared to the national median of $66,222. The median age of people living in Los Angeles 90016 is 38 years.

Data provided below are primarily sourced from Public Records data.

Nearby Recent Sales (Sourced from Public Records)
Street Address City Beds Baths Sold Price Sold Date
No information is available for recently sold properties within this search.
Price History
Date Event Price Source
4/29/2024 Active $2,485,000  USD  -3.50% MLS info
1/24/2024 Active $2,575,000  USD  MLS info
Listing Agent: Casey Lins CalDRE: 01902650 - Kidder Mathews of California, Inc.
crmls logo
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This content last refreshed on 5/8/2024 9:04 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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