For Sale
$3,500,000

4557 Adams BlvdLos Angeles, CA 90016

High-growth area, multi-tenant retail building

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional multi-tenant retail property, located at 4557 W Adams Blvd in Los Angeles, CA 90016, presents a compelling investment opportunity. The 10,310 square foot building sits on a substantial 16,237 square foot lot and boasts a current asking price of $3,500,000, translating to $339.48 per square foot. The land value alone is $215.56 per square foot. Built in 1930/1938, the property features 15-18 foot ceilings, skylights, mezzanine space, and a recently upgraded roof. Two billboards are also present on the property. Currently zoned C2-1VL-CPIO, the property offers significant potential for future development, including the possibility of adding on-site secured parking. The building's central location in the highly sought-after Mid-city corridor provides easy access to major freeways (10, 110, and 405). The property's multi-tenant nature, with all current tenants on month-to-month leases, presents a value-add opportunity for investors to increase rental income. The West Adams neighborhood is experiencing significant growth and redevelopment, making this a prime location for both owner-users seeking SBA financing and investors seeking strong long-term returns. The property's flexible space, multiple entry points, and high ceilings offer versatility for a range of uses. All information should be verified by the buyer. The property consists of two contiguous parcels. The building is fully licensed for auto body/auto repair use. The property is situated on approximately 300 feet of West Adams Boulevard frontage.

Highlights

  • West Adams neighborhood location, near major development.
  • Multi-tenant retail and creative flex space with a fully licensed auto body/repair shop.
  • High ceilings (15-18 ft) and skylights.
  • Owner-user opportunity with SBA financing potential.
  • Value-add property with significant rental upside.
  • Tier 2 Transit-Oriented Community (TOC) near planned 100% affordable housing.

Property Details for 4557 Adams Blvd

Property type
Retail properties, Retail space
Square Feet
10,310 SF
Year Built
1938

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.0327582
Longitude
-118.3395834
4557 Adams Blvd, Los Angeles, California

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4557 Adams Blvd
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