4809 W Adams Blvd, Los Angeles, CA 90016
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4809 W Adams Blvd Los Angeles, CA 90016

$2,445,000
  • 225 Beds
  • 60 Baths
  • 3,472 Sq.Ft.
For Sale
$2,445,000 Get Pre-Qualified

Map preview of 4809 W Adams Blvd, Los Angeles, CA 90016

Property Overview: 4809 W Adams Blvd Los Angeles, CA has 225 bedrooms, 60 bathrooms, 3,472 living square feet and 2,501 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: Perfect opportunity for investors and developers! A multi-family property that's been transformed ( May or may not be permitted - Buyer to verify independently) and is now sitting on a sprawling LAC2 lot. Currently, it's a film set for indie productions and set up like a hostel. But for those of you with a vision, it's a project brimming with potential. There's ample square footage here for creative updates and improvements. Plus, you're in close proximity to the Metro, making this an even more appealing prospect. If you're ready to roll up your sleeves and transform this space into something truly special, don't miss out on this remarkable opportunity!

Listed by Robert Howell | BRE #01229400 | Keller Williams Beverly Hills
Last checked: 13 minutes ago | Last updated: April 14th, 2024 | Source CRMLS | DOM: 182
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Home details

Lot Sq. Ft
2,501
HOA Dues
$0/mo
Year built
1929
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
23324379
City
Los Angeles
County
Los Angeles
Time on Site
198 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 15
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 15
  • # of Beds: 15
  • # of Baths: 4
  • Furnishing: Unfurnished
  • Actual Rent: $600
  • Total Rent: $6,000
  • Pro Forma/Market Rent: $6,000
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: --

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Property Details for 4809 W Adams Blvd

Interior Features
Cooling Information
  • Has Cooling
  • Electric
Heating Information
  • Has Heating
  • Forced Air
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 800
  • Has Parking
  • Parking Features: Street
Property Information
  • Total # of Units: 15
  • Parcel Number: 5057002003
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Off I-10 and West Blvd.
View more facts & features

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Sale History for 4809 W Adams Blvd

Last sold for $145,000 on April 25th, 2000
  • October, 2023

  • Oct 23, 2023

    Date

    Active

    CRMLS: 23324379

    $2,445,000

    Price

  • October, 2023

  • Oct 14, 2023

    Date

    Expired

    CRMLS: 23264237

    $2,499,900

    Price

  • Apr 26, 2023

    Date

    Active

    CRMLS: 23264237

    $2,499,900

    Price

  • Listing provided courtesy of CRMLS

    Wonderful opportunity for any investor or developer! It is a multi-family property that has been converted (without permit) and sits on a LAC2 lot, and is currently being used as a set for Indi films and operated as a Hostel. A definite fixer that would be a great project for anything willing to roll up the sleeves! This place needs some work but there is plenty of sq/ft. for updating and improvements. Easy walk to the Metro.

  • October, 2022

  • Oct 4, 2022

    Date

    Canceled

    CRMLS: OC22196553

    $1,700,000

    Price

  • Sep 7, 2022

    Date

    Active

    CRMLS: OC22196553

    $2,899,000

    Price

  • Listing provided courtesy of CRMLS

    Auction-style-pricing! Cash, Finance, Owner-financing is ok! This is a non-distressed property, and is the lowest price per sq/ft. in the area. It’s centrally located to the LA Metro stations and has the space to do whatever you like. This Property has 2 Spacious apartments upstairs and 2 private entrances downstairs. It sits on a LAC2 lot and offers a great location for an amazing investment opportunity. Seller has blueprints that can be provided for additional cost that can be delivered at the Close of Escrow.

  • September, 2022

  • Sep 6, 2022

    Date

    Canceled

    CRMLS: 22188107

    $2,600,000

    Price

  • Aug 8, 2022

    Date

    Active

    CRMLS: 22188107

    $2,999,999

    Price

  • Listing provided courtesy of CRMLS

    This property is a fantastic opportunity for any investor or developer! It is a multi-family property that has been converted and is currently used as a Hostel. A definite fixer that would be a great project. Ample square footage and backyard space to work with. LAC2 lot. Easy walk to the Metro.

  • August, 2022

  • Aug 11, 2022

    Date

    Canceled

    CRMLS: 22184993

    $2,999,999

    Price

  • Jul 22, 2022

    Date

    Active

    CRMLS: 22184993

    $2,999,999

    Price

  • Listing provided courtesy of CRMLS

    This property is a fantastic opportunity for any investor or developer! It is a multi-family property that has been converted and is currently used as a Hostel. A definite fixer that would be a great project. Ample square footage and backyard space to work with. LAC2 lot. Easy walk to the Metro.

  • July, 2022

  • Jul 30, 2022

    Date

    Canceled

    CRMLS: OC22156436

    $2,999,999

    Price

  • Jul 15, 2022

    Date

    Active

    CRMLS: OC22156436

    $2,999,999

    Price

  • Listing provided courtesy of CRMLS

    This property sits on a LAC2 lot, and is currently being operated as a Hostel.

  • July, 2022

  • Jul 30, 2022

    Date

    Canceled

    CRMLS: OC22156457

    $2,999,999

    Price

  • Jul 15, 2022

    Date

    Active

    CRMLS: OC22156457

    $2,999,999

    Price

  • Listing provided courtesy of CRMLS

    This Property is located smack dab in the middle of all the up and coming Los Angeles Metro Rail system. It is currently tenant occupied upstairs and the bottom is being used as a set for Indi films and a Hostel. This place needs some work but there is plenty of sq/ft. for updating and improvements.

  • April, 2000

  • Apr 25, 2000

    Date

    Sold (Public Records)

    Public Records

    $145,000

    Price

  • February, 1997

  • Feb 6, 1997

    Date

    Sold (Public Records)

    Public Records

    $57,000

    Price

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Tax History for 4809 W Adams Blvd

Assessed Value (2020): $203,759
Year Land Value Improved Value Assessed Value
2020 $98,367 $105,392 $203,759

Home Value Compared to the Market

This property vs the competition

4809 W Adams Blvd is listed 97.98% 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 $704.21 per/sqft which puts the price per square foot 9.02% lower than the median price per square foot for the city of Los Angeles.

About 4809 W Adams Blvd

Detailed summary of property

4809 W Adams Blvd is a multi family located in Los Angeles, CA 90016 and is currently for sale. This multi family property offers 225 bedrooms, 60 bathrooms, roughly 3,472 living square feet, and sits on an approximately 2,501 square foot lot. 4809 W Adams Blvd was first listed on ArdentRealEstateGroup.com on October 24, 2023. The homeowner is currently asking $2,445,000. 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 97.98% higher than the median priced home. Local competing homes currently for sale include 4639 Lomita St, 2915 S Burnside Ave and 3837 Montclair St. While the average home in Los Angeles, CA is selling in 94 days, 4809 W Adams Blvd has a days on market of 182 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 4809 W Adams Blvd Los Angeles, CA 90016 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4809 W Adams Blvd

Public county record property details
Beds
--
Baths
--
Year built
1929
Sq. Ft.
3,472
Lot Size
2,500
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
268
APN
5057-002-003

The source for these homes facts are from public records.

90016 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,099,000
Median List Price/Sq.Ft.
$774
Median Sold Price
$885,000
Median Sold Price/Sq.Ft.
$699
Total Inventory
75
Median Sale to List Price %
98.44%
Avg Days on Market
30
Loan Type
Conventional (21.05%), FHA (0%), VA (0%), Cash (10.53%), Other (10.53%)

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Related Resources to 4809 W Adams Blvd

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.