4755 Adams BlvdLos Angeles, CA 90016
- Investment properties
- 5,256 SF
Property Details for 4755 Adams Blvd
- Year built
- 1925
- Construction
- WOOD
- Lot size
- 0.10 AC
- Property size (Sq ft)
- 5,256 SF
- Zone code
- LAC2
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 5057-003-004
- APU
- 5057003004
Description
This exceptional mixed-use property, located at 4755 W Adams Blvd, Los Angeles, CA 90016, presents a compelling investment opportunity. The 5,256 square foot building, constructed in 1925 and extensively renovated in 2015, sits on a 4,559 square foot lot (APN 5057-003-004). Currently operating at 100% occupancy, the property comprises seven units, a blend of retail and apartment spaces, each equipped with independent meters. The building is a two-story Class B structure with gated parking, providing both convenience and security for tenants. Zoned LAC2, this property offers considerable versatility for future development or continued operation as a thriving mixed-use complex. Its prime location in West Adams, minutes from Culver City and Downtown Los Angeles, and its easy access to the 10 Freeway, contribute significantly to its high desirability. Offered at $1,900,000, with a 5.27% cap rate and a price per square foot of $361.49, this property represents a strong return on investment for discerning buyers. The historical charm combined with modern updates makes this a truly unique and lucrative opportunity.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,522,873
- 6.5%
- $1,405,728
- 7%
- $1,305,319
-
Comparable approach
- Method
- Valuation
- Relative Method
- $999,481
- Geo Method
- $999,481
-
Alternative Use
- Use
- Valuation
- Residential
- $1,743,103
- Hospitality
- $1,596,673
- Educational
- $1,328,414
- Medical
- $1,374,100
- Retail
- $2,066,421
Location Insight
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Latitude
- 34.0328
- Longitude
- -118.344
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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