5115 West Adams Boulevard Los Angeles, CA ^$ 2,575,000

5115 West Adams Boulevard

^$ 2,575,000

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5115 West Adams Boulevard

Los Angeles, CA, 90016

^$ 2,575,000

Studio Baths0.0

Monthly Estimate*

^$ 17,987

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Studio

Commercial Property for sale in Los Angeles, CA

for $2,575,000. This building was built in 1936.

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.

Commercial Active

Price

^$ 2,575,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Year Built

1936

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0024351491

Features

General

Zoning LAC2

Year Built 1936

County Los Angeles

Property Type F

Status Active

City Los Angeles

MLS Area C16 - Mid Los Angeles

Lot Size Square Feet 0.0

Street Name Adams

Standard Status Active

Exterior

Lot Size Area 5459.0

Lot Size Acres 0.0

Land Lease Type Fee

Interior

Total Stories 2

Street Suffix Boulevard

Total Baths 0

* Excluded Features

List By

Casey Lins

Listing Agent

Kidder Mathews Of California, Inc.

Broker

Affordability Calculator

$17,987

Per Month

Monthly Principal & Interest: $17,987
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Los Angeles, CA

Average List Price ^$2,170,078

Percent of Sale Price 16%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/30/2024	$2,575,000		Listed Price

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5115 West Adams Boulevard, Los Angeles, CA, 90016 is a Commercial Property for sale at $2,575,000. 5115 West Adams Boulevard is a studio with 0.0 baths and was built in 1936. The property's zip code is 90016 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 3/26/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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5115 West Adams Boulevard

Commercial Property for sale in Los Angeles, CA

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