5115 W Adams Boulevard, Los Angeles, CA 90016

  • $2,485,000
  • $424
5115 W Adams Boulevard, Los Angeles, CA 90016
For Sale
5115 W Adams Boulevard, Los Angeles, CA 90016
  • $2,485,000
  • $424

Overview

Property ID: SGR-33533272
  • Commercial Sale
  • Property Type
  • 1936
  • Year Built

Description

Seller financing potential! 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.

  • Address 5115 W Adams Boulevard
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90016
  • Area C16 - Mid Los Angeles
  • Country United States

Details

Updated on August 20, 2024 at 9:30 am
  • Property ID: SGR-33533272
  • Price: $2,485,000
  • Land Area: 5459.00 m²
  • Year Built: 1936
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • Living Area: 5867.00
  • MLS#: 24351491
  • Office Name: KIDDER MATHEWS OF CALIFORNIA, INC.
  • Agent Name: Casey Lins
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Agent State License: 01902650

Additional details

  • County: Los Angeles
  • Parking: 6.00

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