4860 W Adams Blvd, Los Angeles, CA 90016
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4860 W Adams Blvd Los Angeles, CA 90016

$1,200,000 Sold Price as of 04/25/2024
  • 3 Beds
  • 2 Baths
  • 2,626 Sq.Ft.
Sold
$1,200,000 Sold Price as of 04/25/2024 Refinance Your Mortgage

Map preview of 4860 W Adams Blvd, Los Angeles, CA 90016

Property Overview: 4860 W Adams Blvd Los Angeles, CA has 3 bedrooms, 2 bathrooms, 2,626 living square feet and 2,500 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Incredible business opportunity in Los Angeles, comprised of both commercial and residential space, totaling 2,815 sq ft. The commercial space will offer the buyer a blank slate to launch an enterprise of their own, or lease the space to an aspiring entrepreneur. The diverse location offers a desirable environment for a variety of business types. In addition to the commercial space as a source of revenue, the property offers 2 newly refreshed rental units upstairs. The first unit is a 2 bedroom 1 bath and the second is 1 bedroom 1 bath. These units are vacant. In addition to the business potential this property offers, it also sits a mere 10 miles from Santa Monica Pier, 13 miles to Marina Del Rey and is only a handful of miles from several major museums. It is surrounded by the cultural richness of Los Angeles and would make a great addition to any portfolio.

Listed by Tammy Crawford | BRE #01371780 | Exp Realty of California
Last checked: 13 minutes ago | Last updated: April 25th, 2024 | Source CRMLS | DOM: 50

Home details

Lot Sq. Ft
2,500
HOA Dues
$0/mo
Year built
1925
Garage
--
Property Type:
Mixed Use
Status
Sold
MLS#
SR24023213
City
Los Angeles
County
Los Angeles
Time on Site
103 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Actual Rent: $1,220
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $1,043
  • Total Rent: --
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: --
  • # of Baths: --
  • Total Rent: --
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: --

Virtual Tour

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Property Details for 4860 W Adams Blvd

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 3
  • Parcel Number: 5057013006
  • Year Built Source: Assessor
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected
Location / Neighborhood
Location Information
  • Directions: 10 freeway, labrea avenue, to adams blvd.
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Sale History for 4860 W Adams Blvd

Last sold for $1,200,000 on April 25th, 2024
  • April, 2024

  • Apr 25, 2024

    Date

    Sold

    CRMLS: SR24023213

    $1,200,000

    Price

  • Feb 1, 2024

    Date

    Active

    CRMLS: SR24023213

    $1,200,000

    Price

  • February, 2024

  • Feb 1, 2024

    Date

    Expired

    CRMLS: SR22206905

    $1,200,000

    Price

  • Sep 21, 2022

    Date

    Active

    CRMLS: SR22206905

    $1,350,000

    Price

  • Listing provided courtesy of CRMLS

    Incredible business opportunity in Los Angeles, comprised of both commercial and residential space, totaling 2,815 sq ft. The commercial space will offer the buyer a blank slate to launch an enterprise of their own, or lease the space to an aspiring entrepreneur. The diverse location offers a desirable environment for a variety of business types. In addition to the commercial space as a source of revenue, the property offers 2 rental units upstairs. The first unit is a 2 bedroom 1 bath and the second is 1 bedroom 1 bath. These units come with the convenience of existing tenancy, both of which are seeking to maintain their month to month leases. In addition to the business potential this property offers, it also sits a mere 10 miles from Santa Monica Pier, 13 miles to Marina Del Rey and is only a handful of miles from several major museums. It is surrounded by the cultural richness of Los Angeles and would make a great addition to any portfolio.

  • September, 2022

  • Sep 21, 2022

    Date

    Canceled

    CRMLS: SR22174834

    $1,350,000

    Price

  • Aug 8, 2022

    Date

    Active

    CRMLS: SR22174834

    $1,350,000

    Price

  • Listing provided courtesy of CRMLS

    Incredible business opportunity in Los Angeles, comprised of both commercial and residential space, totaling 2,815 sq ft. The commercial space will offer the buyer a blank slate to launch an enterprise of their own, or lease the space to an aspiring entrepreneur. The diverse location offers a desirable environment for a variety of business types. In addition to the commercial space as a source of revenue, the property offers 2 rental units upstairs. The first unit is a 2 bedroom 1 bath and the second is 1 bedroom 1 bath. These units come with the convenience of existing tenancy, both of which are seeking to maintain their month to month leases. In addition to the business potential this property offers, it also sits a mere 10 miles from Santa Monica Pier, 13 miles to Marina Del Rey and is only a handful of miles from several major museums. It is surrounded by the cultural richness of Los Angeles and would make a great addition to any portfolio.

  • August, 2022

  • Aug 5, 2022

    Date

    Canceled

    CRMLS: SR22152016

    $1,350,000

    Price

  • Jul 11, 2022

    Date

    Active

    CRMLS: SR22152016

    $1,350,000

    Price

  • Listing provided courtesy of CRMLS

    Incredible business opportunity in Los Angeles, comprised of both commercial and residential space, totaling 2,815 sq ft. The commercial space will offer the buyer a blank slate to launch an enterprise of their own, or lease the space to an aspiring entrepreneur. The diverse location offers a desirable environment for a variety of business types. In addition to the commercial space as a source of revenue, the property offers 2 rental units upstairs. The first unit is a 2 bedroom 1 bath and the second is 1 bedroom 1 bath. These units come with the convenience of existing tenancy, both of which are seeking to maintain their month to month leases. In addition to the business potential this property offers, it also sits a mere 10 miles from Santa Monica Pier, 13 miles to Marina Del Rey and is only a handful of miles from several major museums. It is surrounded by the cultural richness of Los Angeles and would make a great addition to any portfolio.

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Tax History for 4860 W Adams Blvd

Assessed Value (2020): $152,913
Year Land Value Improved Value Assessed Value
2020 $80,096 $72,817 $152,913

Home Value Compared to the Market

This property vs the competition

4860 W Adams Blvd sold on April 25, 2024 for 0.84% 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 $456.97 per/sqft which puts the price per square foot 39.47% lower than the current median sale per square foot for the city of Los Angeles.

About 4860 W Adams Blvd

Detailed summary of property

4860 W Adams Blvd is a mixed use that recently sold in Los Angeles, CA 90016. This mixed use property offered 3 bedrooms, 2 bathrooms, roughly 2,626 living square feet, and sits on an approximately 2,500 square foot lot. 4860 W Adams Blvd was first listed on ArdentRealEstateGroup.com on February 1, 2024. The homeowner sold the property for $1,200,000. 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 0.84% higher than the current median priced home. Local homes that are currently for sale include 160 Union Pl, 3925 Fountain Ave and 915 E 50th St. While the average home in Los Angeles, CA is selling in 94 days, 4860 W Adams Blvd has a days on market of 50 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 4860 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 4860 W Adams Blvd

Public county record property details
Beds
--
Baths
--
Year built
1925
Sq. Ft.
2,626
Lot Size
2,499
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
29
APN
5057-013-006

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
77
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 4860 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.