Address
4860 W Adams Boulevard, Los Angeles, CA
Price
$ 1,200,000
Property Attributes
- MLS#SR22206905
- TypeCommercial
- CountyLOS ANGELES
- CityLos Angeles
- AreaMid Los Angeles
- Zip90016
- StyleMixedUse
- Price$ 1,200,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2626
- Lot Size2,500 SqFt
Data Source:
California Regional MLS (CRMLS)
Property Description
Incredible business opportunity in Los Angeles, comprised of both commercial and residential space, totaling 2,815 sq ft. The commercial space will offer the buyer a blank slate to launch an enterprise of their own, or lease the space to an aspiring entrepreneur. The diverse location offers a desirable environment for a variety of business types. In addition to the commercial space as a source of revenue, the property offers 2 rental units upstairs. The first unit is a 2 bedroom 1 bath and the second is 1 bedroom 1 bath. These units come with the convenience of existing tenancy, both of which are seeking to maintain their month to month leases. In addition to the business potential this property offers, it also sits a mere 10 miles from Santa Monica Pier, 13 miles to Marina Del Rey and is only a handful of miles from several major museums. It is surrounded by the cultural richness of Los Angeles and would make a great addition to any portfolio.
| Price History | |
|---|---|
| 9/22/2022 | Listed $1,350,000 |
| 11/8/2022 | 4% - $1,299,999 |
| 1/7/2023 | 8% - $1,200,000 |
General Features
| Additional Parcels Y/N | No |
|---|---|
| Association Y/N | No |
| Attached Garage | No |
| Building Area Units | SquareFeet |
| Carport Y/N | No |
| City | Los Angeles |
| County | Los Angeles |
| Days on Market | 394 |
| Directions | 10 freeway, labrea avenue, to adams blvd. |
| Garage Y/N | No |
| Home Warranty Y/N | No |
| Land Lease Y/N | No |
| Lease Considered Y/N | No |
| Lease Renewal Y/N | No |
| Listing Terms | Cash |
| Lot Size Square Feet | 2500.0 |
| MLS Area | C16 - Mid Los Angeles |
| Mobilehomeremainsyn | No |
| New Construction | No |
| Number of Units Leased | 3 |
| Occupancy Description | Owner |
| Private Pool | No |
| Property Attached Y/N | No |
| Property Sub Type Additional | MixedUse |
| Property SubType | MixedUse |
| Property Type | CommercialSale |
| Rent Control Y/N | No |
| Senior Community Y/N | No |
| Special Listing Conditions | Standard |
| Standard Status | Active |
| Status | Active |
| Street Name | Adams |
| Total Units | 3 |
| Utilities | ElectricityConnected, NaturalGasConnected |
| View Y/N | No |
| Waterfront Y/N | No |
| Year Built | 1925 |
| Year Built Source | Assessor |
Interior Features
| Air Conditioning Y/N | No |
|---|---|
| Basement (Y/N) | No |
| Electric On Property Y/N | No |
| Fireplace Y/N | No |
| Heating Y/N | No |
| Laundry Features | None |
| Livingareasource | Assessor |
| Street Suffix | Boulevard |
| Total Stories | 2 |
Exterior Features
| Building Area Total | 2626.0 |
|---|---|
| Crops Included Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
| Lot Features | Item25UnitsAcre |
| Lot Size Acres | 0.0574 |
| Lot Size Area | 2500.0 |
| Lot Size Source | Assessor |
| Lot Size Units | SquareFeet |
| Number of Buildings | 1 |
| Open Parking Y/N | No |
| Spa | No |
| Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 90016
Price
Visits
Year Built
Based on information from California Regional Multiple Listing Service, Inc. as of December 4, 2023 6:01 PM UTC This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
