1875 W Adams Blvd Los Angeles, CA 90018

$485,000 Sold Price as of 09/15/2004

8 Beds
4 Baths
5,580 Sq.Ft.

Off Market

$485,000 Sold Price as of 09/15/2004 Refinance Your Mortgage

Map preview of 1875 W Adams Blvd, Los Angeles, CA 90018

Property Overview: 1875 W Adams Blvd Los Angeles, CA has 8 bedrooms, 4 bathrooms, 5,580 living square feet and 6,650 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1875 W Adams Blvd is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $771. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1875 W Adams Blvd

Last sold for $485,000 on September 15th, 2004

March, 2023
Mar 1, 2023

Date

Expired

CRMLS: IG22210105

$3,998,800

Price
Sep 27, 2022

Date

Active

CRMLS: IG22210105

$2,998,000

Price
Listing provided courtesy of CRMLS

high density perfect investment property to build 24-28 units each lot or buy both properties including 1863 W Adams Blvd and build 48-53 Units buyer must verify with city seller may carry first lien with 20% down at 5% interest only loan amazing location on a c2 zone 1.5 miles from USC great development project for the Savy investor 1863- 1875 West Adams Blvd is a Two separate APN four unit apartment buildings being sold together. The property contains a gross rentable area of a combined 9,702SF sitting on a large combined 13,300SF C2 zoned lot. This allows an investor to potentially build up to 53 units with Tier 2 Transit Oriented Communities incentives (buyer to verify with L.A. city planning).This investment is in the rapidly gentrifying West Adams submarket of Mid City, close to newly opened restaurants and cafes such as Highly Likely. Easy access to the 10 freeway and Metrolink access points providing an easy commute to both Downtown or West LA.The building is currently operating as a rooming house, allowing an investor to achieve max rents and fast turnover until development plans are complete.

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September, 2020
Sep 12, 2020

Date

Expired

CRMLS: 20550898

$2,500,000

Price
Feb 24, 2020

Date

Price Change

CRMLS: 20550898

$2,500,000

Price
Feb 5, 2020

Date

Active

CRMLS: 20550898

$2,600,000

Price
Listing provided courtesy of CRMLS

1863- 1875 West Adams Blvd; Two separate APN four unit apartment buildings being sold together.The property contains a gross rentable area of a combined 9,702SF sitting on a large combined 13,300SF C2 zoned lot. This allows an investor to potentially build up to 53 units with Tier 2 Transit Oriented Communities incentives (buyer to verify with L.A. city planning).This investment is in the rapidly gentrifying West Adams submarket of Mid City, close to newly opened restaurants and cafes such as Highly Likely.Easy access to the 10 freeway and Metrolink access points providing an easy commute to both Downtown or West LA.The building is currently operating as a rooming house, allowing an investor to achieve max rents and fast turnover until development plans are complete.

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September, 2004
Sep 15, 2004

Date

Sold (Public Records)

Public Records

$485,000

Price

Tax History for 1875 W Adams Blvd

Assessed Value (2020): $618,149

Year	Land Value	Improved Value	Assessed Value
2020	$420,598	$197,551	$618,149

About 1875 W Adams Blvd

Detailed summary of property

1875 W Adams Blvd is categorized with a use code of Quadruplex (4 Units, Any Combination) in Los Angeles, CA 90018 and last sold on September 15, 2004 for $485,000. This property has 8 bedrooms, 4 bathrooms, roughly 5,580 living square feet, and sits on an approximately 6,650 square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 56.7% lower than the current median priced home. 1875 W Adams Blvd was last sold on September 15, 2004 for $485,000. Local nearby listings include 1616 W 24th St, 2914 Kenwood Ave and 2914 Kenwood Ave. The average home in Los Angeles, CA is selling in 105 days. There are currently 4185 homes for sale in the Los Angeles real estate market and 2867 of them are single family homes while 1195 of them are condos and 116 are townhomes. If you are the homeowner and looking to sell the home at 1875 W Adams Blvd Los Angeles, CA 90018 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1875 W Adams Blvd

Public county record property details

Beds: 8
Baths: 4
Year built: 1921
Sq. Ft.: 5,580
Lot Size: 6,650
Stories: --

Type: Quadruplex (4 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 18
APN: 5058-020-017

The source for these homes facts are from public records.

90018 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$995,000

Median List Price/Sq.Ft.

$632

Median Sold Price

$1,040,000

Median Sold Price/Sq.Ft.

$672

Total Inventory

Median Sale to List Price %

104.1%

Avg Days on Market

Loan Type

Conventional (22.22%), FHA (11.11%), VA (0%), Cash (22.22%), Other (22.22%)

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