5115 Adams BlvdLos Angeles, CA 90016

This exceptional 5,867 square foot storefront, located at 5115 W Adams Blvd in Los Angeles, CA 90016, presents a unique investment opportunity. Built in 1936 and renovated in 2010, this two-story building sits on a 5,459 square foot lot and is zoned C2-2D. Currently vacant, it offers immediate occupancy for an owner-user seeking a high-visibility location in a thriving neighborhood. The asking price is $2,350,000, significantly below the neighborhood average price per square foot for commercial buildings. The property boasts 4-6 parking spaces and is conveniently situated near popular restaurants, hotels, art galleries, and production studios. This location within a designated Opportunity Zone provides additional financial incentives for both owner-users and investors. The property features one building, and the APN is 5049-009-046. Seller financing options are available, making this an attractive proposition for those seeking a low-down payment SBA loan. This is a rare chance to acquire a well-positioned retail space in a rapidly developing area of Los Angeles. The sale is structured to accommodate a 1031 exchange.