$ 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 24-351491
Year Built 1936
Lot Size 5,459 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 Mid Los Angeles
Zoning LAC2
Exterior
Garage Spaces 6.0
Building
Story 2
Others
Special Listing Condition Standard
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Listed by Kidder Mathews of California, Inc.
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Gregory Masi
REALTOR® | Lic# 1708321