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1550 W Adams Blvd, Los Angeles, CA 90007
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1550 W Adams Blvd Los Angeles, CA 90007

$3,500,000 Sold Price as of 05/31/2023
  • -- Beds
  • -- Baths
  • 10,751 Sq.Ft.
Sold
$3,500,000 Sold Price as of 05/31/2023 Refinance Your Mortgage
Map preview of 1550 W Adams Blvd, Los Angeles, CA 90007

Property Overview: 1550 W Adams Blvd Los Angeles, CA has -- bedrooms, -- bathrooms, 10,751 living square feet and 24,205 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: A Neighborhood shopping center conveniently located at the corner of Adams Blvd, and Budlong Ave. anchored by a supermarket and a restaurant. Short distance to USC Campus. A lot of future potential.

Listed by ANTHONY WONG | BRE #00632707 | COLDWELL BANKER REALTY
Last checked: 4 minutes ago | Last updated: June 9th, 2023 | Source CRMLS | DOM: 65

Home details

Lot Sq. Ft
24,205
HOA Dues
$0/mo
Year built
1931
Garage
--
Property Type:
Retail
Status
Sold
MLS#
WS22255887
City
Los Angeles
County
Los Angeles
Time on Site
512 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1550 W Adams Blvd

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 5054016004
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: in between Normandide Ave and Vermont Ave, cross street is Budlong Ave
View more facts & features

Local Los Angeles Agent

Sale History for 1550 W Adams Blvd

Last sold for $3,500,000 on May 31st, 2023

  • May, 2023

  • May 31, 2023

    Date

    Sold

    CRMLS: WS22255887

    $3,500,000

    Price

  • Dec 14, 2022

    Date

    Active

    CRMLS: WS22255887

    $4,500,000

    Price

Tax History for 1550 W Adams Blvd

Assessed Value (2020): $541,804
Year Land Value Improved Value Assessed Value
2020 $328,489 $213,315 $541,804

Home Value Compared to the Market

This property vs the competition

1550 W Adams Blvd sold on May 31, 2023 for 278.15% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $418.57 per/sqft which puts the price per square foot 44.56% lower than the current median sale per square foot for the city of Los Angeles.

About 1550 W Adams Blvd

Detailed summary of property

1550 W Adams Blvd is a retail that recently sold in Los Angeles, CA 90007. This retail property offered -- bedrooms, -- bathrooms, roughly 10,751 living square feet, and sits on an approximately 24,205 square foot lot. 1550 W Adams Blvd was first listed on ArdentRealEstateGroup.com on December 15, 2022. The homeowner sold the property for $3,500,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 278.15% higher than the current median priced home. Local homes that are currently for sale include 9741 Magnolia Ave and 204 E Highland Ave. While the average home in Los Angeles, CA is selling in 93 days, 1550 W Adams Blvd has a days on market of 65 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 1550 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 1550 W Adams Blvd

Public county record property details
Beds
--
Baths
--
Year built
1931
Sq. Ft.
10,751
Lot Size
24,204
Stories
1
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
Los Angeles
Lot#
7-8,26
APN
5054-016-004

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
$1,199,999
Median List Price/Sq.Ft.
$616
Median Sold Price
$710,000
Median Sold Price/Sq.Ft.
$645
Total Inventory
11
Median Sale to List Price %
94.79%
Avg Days on Market
63
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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(714) 706-1823

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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.

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