5115 W Adams Boulevard Los Angeles, CA $ 2,485,000
5115 W Adams Boulevard
$ 2,485,000
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5115 W Adams Boulevard

Los Angeles, CA, 90016
$ 2,485,000
Baths0.0 Sq 5,867

Monthly Estimate*

$ 16,516

Listed by Kidder Mathews of California, Inc.
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Studio

Commercial Property for sale in Los Angeles, CA

for $2,485,000. This 5,867 square foot building was built in 1936 on a lot size of 0.1253.

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.

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Commercial Active

Price

$ 2,485,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.1253

Year Built

1936

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24351491

Days on Market

122

Features
General
Zoning LAC2
HOA 0.0
Year Built 1936
County Los Angeles
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions Google Maps: 5115 W Adams Blvd. Los Angeles CA 90016
City Los Angeles
View Y/N N
Senior Community Y/N N
MLS Area C16 - Mid Los Angeles
Lot Size Square Feet 5459.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Adams
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 96
Standard Status Active
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Exterior
Total Parking 6.0
Lot Size Area 5459.0
Spa N
Building Area Total 5867.0
Lot Size Acres 0.1253
Lot Size Units SquareFeet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Boulevard
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 5115
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* Excluded Features
List By
Kidder Mathews Of California, Inc.

Broker

(714) 333-6768

Phone

Affordability Calculator

$16,516
Per Month
100%
0%
0%
Monthly Principal & Interest
$16,516
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/30/2024$2,485,000 -3.50% Price Down
1/25/2024$2,575,000 Listed Price

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5115 W Adams Boulevard, Los Angeles, CA, 90016 is a Commercial Property for sale at $2,485,000 with 5,867 sqft and a lot size of 0.1253. 5115 W 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