453 E Adams Blvd, Los Angeles, CA 90011
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453 E Adams Blvd Los Angeles, CA 90011

$1,170,000 Sold Price as of 01/08/2024
  • 5 Beds
  • 3.75 Baths
  • 2,489 Sq.Ft.
Sold
$1,170,000 Sold Price as of 01/08/2024 Refinance Your Mortgage

Map preview of 453 E Adams Blvd, Los Angeles, CA 90011

Property Overview: 453 E Adams Blvd Los Angeles, CA has 5 bedrooms, 3.75 bathrooms, 2,489 living square feet and 11,910 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to 453 E Adams, a beautifully preserved 1907 home with exquisite woodwork. 453 E Adams is a historical monument that used to be used as a popular tea parlor for many years. This elegant craftsman mission revival was home to Effie's Tea Parlor which served a variety of teas, dainty sandwiches, little sweets, and many memories! This was a house with connections; the first black city councilman would stop by often, politicians, big bands, mayors and more used to frequent this home. 453 E Adams is on the market publicly for the first time ever. This home was built in 1904 by architect Thornton Fitzhugh, Thornton built the home for his sisters. This home cost $1800 to build back in the day, when the average wage was $.35 cents an hour. The story begins in 1936, when Dr. Etta Gray bought the home from one of the architects sisters! The back rooms were converted into a clinic for poor patients. Gray never lived in the home, everyone thought the caretakers owned the home. In the 40's & 50's they used to have weekend parties. The caretakers purchased the house in 1970 for $17,500 from Dr. Grays estate when she died shy of her 90th birthday. The home has now been in the family for over 53 years, however the family has now decided to bring the beautiful legacy at 453 E Adams to completion! This home has so many possibilities! The lot is zoned R4-1 on a 11,912 lot, TIER TOC 3. The garage was converted to a studio/ recreation type room with bathroom. Utilize as transitional housing, rent to USC students & more! Conveniently located within close proximity to a variety of dining and local businesses and less than 2 miles from USC, LA's Fashion District, the LA Convention Center, the Cypto.com Arena, LA Live, and Exposition Park where you'll find the Los Angeles Memorial Coliseum, Natural History Museum and BMO Stadium and the forthcoming George Lucas Museum of Narrative Art. A few blocks from a bus stop, a short distance to the 10, 110 and 101 freeways, and minutes to exciting shopping, restaurants, and nightlife in Downtown LA, this is a wonderful location for your next investment opportunity!

Listed by Nakia Reneau-Holland | BRE #02081447 | Coldwell Banker Realty
Co-listed by Natasha Reneau Jones | BRE #02083853 | Coldwell Banker Realty
Last checked: 14 minutes ago | Last updated: January 9th, 2024 | Source CRMLS | DOM: 14

Home details

Lot Sq. Ft
11,910
HOA Dues
$0/mo
Year built
1901
Garage
5 Car
Property Type:
Single Family Home
Status
Sold
MLS#
PW23166056
City
Los Angeles
County
Los Angeles
Time on Site
239 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 1
  • Total # of Buildings: 1
  • # of Leased Units: 0
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 4
  • Garage Spaces: 5
  • Garaged Attached? No
  • Total Rent: $81,000
  • Pro Forma/Market Rent: $81,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $81,000
  • Net Operating Income: $56,700
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $24,300
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 453 E Adams Blvd

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Has Laundry
  • See Remarks
Fireplace Information
  • Has Fireplace
  • See Remarks
Room Information
  • Flooring: Wood
  • Basement, Bonus Room, Formal Entry, Foyer, Living Room
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 10
  • Has Parking
  • Parking Features: Driveway, Gated
Lot Information
  • Lot Features: Garden, Lawn, Lot 10000-19999 Sqft
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 5127011011
  • Year Built Source: Assessor
  • Architectural Style: Craftsman
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: From the 10 W exit 15A Central Ave & turn left, turn right on E Adams Blvd
Neighborhood Information
  • Community Features: Curbs
View more facts & features

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Sale History for 453 E Adams Blvd

Last sold for $1,170,000 on January 8th, 2024
  • January, 2024

  • Jan 8, 2024

    Date

    Sold

    CRMLS: PW23166056

    $1,170,000

    Price

  • Sep 6, 2023

    Date

    Active

    CRMLS: PW23166056

    $1,170,000

    Price

  • January, 2024

  • Jan 8, 2024

    Date

    Sold

    CRMLS: PW23163263

    $1,170,000

    Price

  • Sep 6, 2023

    Date

    Active

    CRMLS: PW23163263

    $1,170,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to 453 E Adams, a beautifully preserved 1907 home with exquisite woodwork. 453 E Adams is a historical monument that used to be used as a popular tea parlor for many years. This elegant craftsman mission revival was home to Effie's Tea Parlor which served a variety of teas, dainty sandwiches, little sweets, and many memories! This was a house with connections; the first black city councilman would stop by often, politicians, big bands, mayors and more used to frequent this home. 453 E Adams is on the market publicly for the first time ever. This home was built in 1904 by architect Thornton Fitzhugh, Thornton built the home for his sisters. This home cost $1800 to build back in the day, when the average wage was $.35 cents an hour. The story begins in 1936, when Dr. Etta Gray bought the home from one of the architects sisters! The back rooms were converted into a clinic for poor patients. Gray never lived in the home, everyone thought the caretakers owned the home. In the 40's & 50's they used to have weekend parties. The caretakers purchased the house in 1970 for $17,500 from Dr. Grays estate when she died shy of her 90th birthday. The home has now been in the family for over 53 years, however the family has now decided to bring the beautiful legacy at 453 E Adams to completion! This home has so many possibilities! The lot is zoned R4-1 on a 11,912 lot, TIER TOC 3. The garage was converted to a studio/ recreation type room with bathroom. Conveniently located within close proximity to a variety of dining and local businesses and less than 2 miles from USC, LA's Fashion District, the LA Convention Center, the Cypto.com Arena, LA Live, and Exposition Park where you'll find the Los Angeles Memorial Coliseum, Natural History Museum and BMO Stadium and the forthcoming George Lucas Museum of Narrative Art. A few blocks from a bus stop, a short distance to the 10, 110 and 101 freeways, and minutes to exciting shopping, restaurants, and nightlife in Downtown LA, this is a wonderful location for your next investment opportunity!

  • October, 1993

  • Oct 5, 1993

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 453 E Adams Blvd

Assessed Value (2020): $252,987
Year Land Value Improved Value Assessed Value
2020 $118,473 $134,514 $252,987

Home Value Compared to the Market

This property vs the competition

453 E Adams Blvd sold on January 8, 2024 for 1.68% lower 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 $470.07 per/sqft which puts the price per square foot 37.74% lower than the current median sale per square foot for the city of Los Angeles.

About 453 E Adams Blvd

Detailed summary of property

453 E Adams Blvd is a single family home that recently sold in Los Angeles, CA 90011. This house offered 5 bedrooms, 3.75 bathrooms, roughly 2,489 living square feet, and sits on an approximately 11,910 square foot lot. 453 E Adams Blvd was first listed on ArdentRealEstateGroup.com on September 6, 2023. The homeowner sold the property for $1,170,000. 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 1.68% lower than the current median priced home. Local homes that are currently for sale include 900 W Olympic Blvd #31C, 900 W Olympic Blvd #36G and 900 W Olympic Blvd #39F. While the average home in Los Angeles, CA is selling in 96 days, 453 E Adams Blvd has a days on market of 14 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 453 E Adams Blvd Los Angeles, CA 90011 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 453 E Adams Blvd

Public county record property details
Beds
4
Baths
3
Year built
1901
Sq. Ft.
2,489
Lot Size
11,909
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
10,11
APN
5127-011-011

The source for these homes facts are from public records.

90011 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$620,000
Median List Price/Sq.Ft.
$460
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$405
Total Inventory
40
Median Sale to List Price %
104.76%
Avg Days on Market
54
Loan Type
Conventional (33.33%), FHA (25%), VA (0%), Cash (33.33%), Other (8.33%)

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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.