Search
1470 W Adams Blvd, Los Angeles, CA 90007
Image 2 for 1470 W Adams Blvd, Los Angeles, CA 90007
Image 3 for 1470 W Adams Blvd, Los Angeles, CA 90007
View Photos

1470 W Adams Blvd Los Angeles, CA 90007

$2,899,900
  • 12 Beds
  • 8 Baths
  • 4,313 Sq.Ft.
For Sale
$2,899,900 Get Pre-Qualified
Map preview of 1470 W Adams Blvd, Los Angeles, CA 90007

Property Overview: 1470 W Adams Blvd Los Angeles, CA has 12 bedrooms, 8 bathrooms, 4,313 living square feet and 12,769 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Welcome to 1470 W Adams Blvd, presenting an exceptional investment opportunity just 0.6 miles from the USC campus. This expansive property boasts a 12-bedroom, 4,313 sqft house on a generous 12,765 sqft lot, with LAC2 zoning and Tier 3 TOC designation, potentially allowing for up to 31 units. Located within the Adams-Normandie HPOZ, this property offers historic charm alongside promising development potential. The spacious lot size opens up exciting possibilities, including the potential to renovate the existing house into multiple units by utilizing the rear yard for additional housing. Its strategic location, close to new multifamily developments, the Ralphs retail center, Metro Expo Line, and Exposition Park attractions, underscores its immense investment potential. This property also qualifies for several advantageous programs and designations, including the Mills Act Program, Federal Rehabilitation Tax Credit, Adaptive Reuse Ordinance, and compliance with the California Historical Building Code, further enhancing its value and potential. Moreover, it's worth noting that the current owner has successfully operated a family business on this property for three generations, generating significant income and contributing to its historical legacy. Situated just 10 minutes from Downtown LA and with convenient access to the 10 Freeway, this property offers a unique investment prospect. Notably, it has been a part of the family for four generations, which adds to its historical significance and appeal in today's market. Seize the opportunity to explore this diamond in the rough by scheduling a showing today. Properties like 1470 W Adams Blvd are rare finds, offering numerous possibilities for lucrative investments. Additionally, 1472 W Adams Blvd features a small office in the right corner of the lot, further enhancing its potential. Don't miss out on this incredible opportunity!"

Listed by Melissa Zee | BRE #01451028 | Keller Williams Beverly Hills
Co-listed by Hasitha Mahaseelarathnage | BRE #02131447 | Christie's AKG
Last checked: 6 minutes ago | Last updated: May 2nd, 2024 | Source CRMLS | DOM: 47
Get a $8,700 Cash Reward New

Buy this home with Ardent Real Estate Group and get $8,700 back.

Call/Text (714) 706-1823

Home details

Lot Sq. Ft
12,769
HOA Dues
$0/mo
Year built
1895
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24369955
City
Los Angeles
County
Los Angeles
Time on Site
47 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 1
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 12
  • # of Baths: 8
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 1470 W Adams Blvd

No upcoming open houses

Schedule Tour

Property Details for 1470 W Adams Blvd

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Floor Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Tile
  • Basement, Loft, Entry, Attic
Kitchen Information
  • Has Appliances
  • Microwave, Gas Oven
Interior Features
  • Storage
  • Levels: Multi/Split
  • Window Features: Blinds
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Slate
  • Other Structures: Shed(s)
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Detached Carport, Driveway, Covered
Lot Information
  • Lot Features: Lawn, Back Yard, Front Yard, Yard
Property Information
  • Has View
  • View: City Lights
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 5054028017
  • Architectural Style: Cape Cod
  • Accessibility Features: None
  • Property Condition: Repairs Cosmetic, Additions/Alterations, Fixer
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: West Adams
View more facts & features

Local Los Angeles Agent

Sale History for 1470 W Adams Blvd

Last sold on March 9th, 2018

  • March, 2024

  • Mar 19, 2024

    Date

    Canceled

    CRMLS: 24351831

    $2,899,000

    Price

  • Jan 29, 2024

    Date

    Active

    CRMLS: 24351831

    $2,998,500

    Price

  • Listing provided courtesy of CRMLS

  • March, 2024

  • Mar 19, 2024

    Date

    Active

    CRMLS: 24369955

    $2,899,900

    Price

  • December, 2023

  • Dec 25, 2023

    Date

    Expired

    CRMLS: 23284183

    $2,895,000

    Price

  • Jun 27, 2023

    Date

    Active

    CRMLS: 23284183

    $2,895,000

    Price

  • Listing provided courtesy of CRMLS

    *PROPERTY TO BE DELIVERED VACANT* Welcome to 1470 W Adams Blvd, the property is located in the USC DPS Zone, regulated by the USC Department of Public Safety. This residential property is conveniently situated a mere 0.6 miles away from the prestigious USC campus. This expansive property presents a 4,313 sq ft, 12-bedroom house nestled on a spacious 12,765 sq ft lot with LAC2, Tier 3 TOC zoning. Its prime location makes it an irresistible choice for those seeking a comfortable home in close proximity to the university. The existing house offers abundant room for a large household, boasting 12 bedrooms capable of accommodating various living arrangements. Additionally, the property encompasses a sizable rear yard measuring approximately 4,500 sq ft, presenting opportunities for expansion or outdoor leisure activities. Positioned within an evolving neighborhood, this property enjoys the advantages of being near new multifamily developments and a convenient retail center anchored by the esteemed Ralphs grocery store. Moreover, it is within distance of the Metro Expo Line station and Exposition Park, where one can indulge in the world-renowned LA Coliseum, LAFC BMO Stadium, and the forthcoming George Lucas Museum of Narrative Art. Commuting to Downtown Los Angeles is effortless, with a brief 10-minute drive, and easy access to the 10 Freeway facilitates convenient exploration of the city and its surrounding areas. *Photos are virtually staged*

  • May, 2023

  • May 1, 2023

    Date

    Expired

    CRMLS: PW23013566

    $3,000,000

    Price

  • Feb 1, 2023

    Date

    Active

    CRMLS: PW23013566

    $3,000,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to present 1470 W Adams Blvd, a unique value-add/development opportunity in a prime location for USC student housing, 0.6 Miles from the USC campus. The property currently consists of a 4,313 square foot 12-bedroom house on a 12,765 square foot lot with LAC2, Tier 3 TOC zoning. The property is zoned by-right for 31 units before the application of any development bonuses. Due to the historic preservation restrictions applicable to the existing house, the suggested business plan is renovate the existing 12-bedroom house and subdivide it into 4 units while taking advantage of the approximately 4,500 square foot area (75' x 60') in the rear yard to build additional units by utilizing a combination of existing by-right development rights and ADU's. 15-20 Units is most likely the developable potential give the constraints of the site. The property is in the path of progress, directly adjacent to two new large-scale multifamily developments and walking distance from a Ralphs grocery anchored retail center. In addition to its proximity to USC, the property benefits from being walking distance to a Metro Expo Line station and Exposition Park, home of the world-famous LA Coliseum, the new LAFC BMO Stadium and the new George Lucas Museum of Narrative Art. The property is also a short 10-minute commute from Downtown Los Angeles and offers convenient access to the 10 Freeway.

  • March, 2018

  • Mar 9, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1470 W Adams Blvd

Assessed Value (2020): $87,319
Year Land Value Improved Value Assessed Value
2020 $57,009 $30,310 $87,319

Home Value Compared to the Market

This property vs the competition

1470 W Adams Blvd is listed 134.81% higher than the median list price for the city of Los Angeles which has a median list price of $1,235,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $672.36 per/sqft which puts the price per square foot 13.13% lower than the median price per square foot for the city of Los Angeles.

About 1470 W Adams Blvd

Detailed summary of property

1470 W Adams Blvd is a multi family located in Los Angeles, CA 90007 and is currently for sale. This multi family property offers 12 bedrooms, 8 bathrooms, roughly 4,313 living square feet, and sits on an approximately 12,769 square foot lot. 1470 W Adams Blvd was first listed on ArdentRealEstateGroup.com on March 19, 2024. The homeowner is currently asking $2,899,900. The median priced home in Los Angeles is $1,235,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 134.81% higher than the median priced home. Local competing homes currently for sale include 1211 Fedora St, 1145 S New Hampshire Ave and 1142 S Mariposa Ave. While the average home in Los Angeles, CA is selling in 94 days, 1470 W Adams Blvd has a days on market of 47 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 1470 W Adams Blvd Los Angeles, CA 90007 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1470 W Adams Blvd

Public county record property details
Beds
6
Baths
4
Year built
1895
Sq. Ft.
4,313
Lot Size
12,764
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
37,38
APN
5054-028-017

The source for these homes facts are from public records.

90007 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,000,000
Median List Price/Sq.Ft.
$616
Median Sold Price
$710,000
Median Sold Price/Sq.Ft.
$645
Total Inventory
10
Median Sale to List Price %
94.79%
Avg Days on Market
63
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Tour This Home

Buy with Ardent Real Estate Group and save $8,700.

Image Description
Contact Jon
Los Angeles Agent
Call, Text or Message
(714) 706-1823
Get a $8,700 Cash Reward New

Buy this home with Ardent Real Estate Group and get $8,700 back.

Call/Text (714) 706-1823

Homes for Sale Near 1470 W Adams Blvd

Nearby Homes for Sale

2327 S Budlong Ave, Los Angeles, CA 90007
$2,350,000
0 Beds
256 Baths
8062 Sq.Ft.
2327 S Budlong Ave
Los Angeles, CA 90007
2927 S Catalina St, Los Angeles, CA 90007
$2,500,000
13 Beds
9 Baths
3407 Sq.Ft.
2927 S Catalina St
Los Angeles, CA 90007
3023 S Budlong Ave, Los Angeles, CA 90007
$2,575,000
16 Beds
11 Baths
4680 Sq.Ft.
3023 S Budlong Ave
Los Angeles, CA 90007
2720 Brighton Ave, Los Angeles, CA 90018
$2,500,000
12 Beds
8 Baths
5288 Sq.Ft.
2720 Brighton Ave
Los Angeles, CA 90018
2143 Portland St, Los Angeles, CA 90007
$2,390,000
12 Beds
10 Baths
4761 Sq.Ft.
2143 Portland St
Los Angeles, CA 90007
1258 W 37th Dr, Los Angeles, CA 90007
$3,100,000
7 Beds
7 Baths
4161 Sq.Ft.
1258 W 37th Dr
Los Angeles, CA 90007
1243 S Catalina St, Los Angeles, CA 90006
$2,950,000
14 Beds
14 Baths
6166 Sq.Ft.
1243 S Catalina St
Los Angeles, CA 90006
1930 S Oxford Ave, Los Angeles, CA 90018
$2,895,000
0 Beds
18 Baths
3102 Sq.Ft.
1930 S Oxford Ave
Los Angeles, CA 90018

Recently Sold Homes Near 1470 W Adams Blvd

2632 S Catalina St, Los Angeles, CA 90007
$1,250,000 Last Sold Price
7 Beds
4 Baths
3384 Sq.Ft.
2632 S Catalina St
Los Angeles, CA 90007
1465 W 25Th St, Los Angeles, CA 90007
$1,575,000 Last Sold Price
12 Beds
8 Baths
5386 Sq.Ft.
1465 W 25Th St
Los Angeles, CA 90007
2515 S Catalina St, Los Angeles, CA 90007
$1,069,000 Last Sold Price
6 Beds
3 Baths
2576 Sq.Ft.
2515 S Catalina St
Los Angeles, CA 90007
1481 W 25th St, Los Angeles, CA 90007
$1,050,000 Last Sold Price
6 Beds
2 Baths
2031 Sq.Ft.
1481 W 25th St
Los Angeles, CA 90007

Related Resources to 1470 W Adams Blvd

New Listings in 90007
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

Call