5115 W Adams Boulevard
Los Angeles, CA 90016
$225,000.00 (-8.74%)
Active for $2,350,000
Beds: N/A Baths: Structure Size: N/A sqft Lot Size: 5,459 sqft
| MLS | 24351491 |
| Year Built | 1936 |
| Property Type | |
| County | Los Angeles |
| Status | Active |
| Active | $2,350,000 |
| Structure Size | N/A sqft |
| Lot Size | 5,459 sqft |
| Beds | N/A |
| Baths |
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.
Listing information courtesy of: Casey Lins, Kidder Mathews of California, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of 11/22/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.
Location
Contact a Local Realtor®
Lucy Mekhael
Broker Associate
Direct: 818.577.0851
Email: Email Me
DRE: 02185026
DRE #01873088
.png){kind=small}