5115 W Adams Boulevard , Los Angeles, CA 90016
Los Angeles, CA 90016
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.
Details
| MLS# | 24351491 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1936 |
| Days On Site | 258 |
| Listing Provided By | Kidder Mathews of California, Inc. 858-369-3010 | Casey Lins |
Features
| SQ Feet | 5,867 |
|---|---|
| Story(s) | 2 |
| Zoning | LAC2 |
| Acreage | 0.13 |
Market Activity 90016
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90016 |
| Area | C16 Mid Los Angeles |
| Listing VS Median (in 90016) | |
Price: $2,350,000 low | high Med: $950,000 SqFt: 5,867 low | high Med: 2,277 $ / SqFt: $401 low | high Med: $420 On Site: 258 low | high Med: 593.500000 | |
