$ 2,350,000
5115 W Adams BLVD Los Angeles, CA 90016
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$ 2,350,000
Est. payment | /mo
5,867 SqFt
$ 2,350,000
Est. payment | /mo
5,867 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,867 sqft
Price per Sqft $400
MLS Listing ID 24351491
HOA Y/N No
Year Built 1936
Lot Size 5,458 Sqft
Acres 0.1253
Property Description
PRICE REDUCED! 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.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LAC2
Interior
Fireplace No
Exterior
Total Parking Spaces 6
Building
Story 2
Others
Tax ID 5049009046
Special Listing Condition Standard
Listed by Casey Lins • Kidder Mathews of California, Inc.
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "