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5115 W Adams Blvd, Los Angeles, CA 90016
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5115 W Adams Blvd Los Angeles, CA 90016

$2,575,000
  • -- Beds
  • -- Baths
  • 5,867 Sq.Ft.
For Sale
$2,575,000 Get Pre-Qualified
Map preview of 5115 W Adams Blvd, Los Angeles, CA 90016

Property Overview: 5115 W Adams Blvd Los Angeles, CA has -- bedrooms, -- bathrooms, 5,867 living square feet and 5,459 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: West Adams Creative! We are pleased to present 5115 W Adams Blvd, a commercial building with 4-6 parking spaces along one of the trendiest corridors in Los Angeles. Located just steps away from numerous iconic West Adams restaurants, including Tartine, Alta, Mizlala, Farmhouse Kitchen, Chulita, and Cento, any owner-user will fall in love with the neighborhood. There is immediate opportunity for an owner-user to utilize low-down payment SBA financing and create a demanding presence along a booming corridor that consists restaurants, new hotels, art galleries, and production studios throughout. Priced well below the neighborhood average of $716/sf on commercial buildings, the building presents a true under market opportunity. With the property being designated within an Opportunity Zone, there are financial benefits available both for owner-users and investors, providing additional motivating factors for a purchase. For more information please contact the listing broker.

Listed by Casey Lins | BRE #01902650 | Kidder Mathews of California, Inc.
Last checked: 10 minutes ago | Last updated: March 26th, 2024 | Source CRMLS | DOM: 86

Home details

Lot Sq. Ft
5,459
HOA Dues
$0/mo
Year built
1936
Garage
--
Property Type:
Other
Status
Active
MLS#
24351491
City
Los Angeles
County
Los Angeles
Time on Site
94 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: --

Open Houses for 5115 W Adams Blvd

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Property Details for 5115 W Adams Blvd

Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
Property Information
  • Parcel Number: 5049009046
Location / Neighborhood
Location Information
  • Directions: Google Maps: 5115 W Adams Blvd. Los Angeles, CA 90016
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Local Los Angeles Agent

Sale History for 5115 W Adams Blvd

Last sold on July 1st, 2019

  • January, 2024

  • Jan 24, 2024

    Date

    Active

    CRMLS: 24351491

    $2,575,000

    Price

  • July, 2019

  • Jul 1, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • July, 2019

  • Jul 1, 2019

    Date

    Sold (Public Records)

    Public Records

    $136,000

    Price

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Tax History for 5115 W Adams Blvd

Assessed Value (2020): $1,382,908
Year Land Value Improved Value Assessed Value
2020 $777,854 $605,054 $1,382,908

Home Value Compared to the Market

This property vs the competition

5115 W Adams Blvd is listed 108.33% higher than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $438.9 per/sqft which puts the price per square foot 43.22% lower than the median price per square foot for the city of Los Angeles.

About 5115 W Adams Blvd

Detailed summary of property

5115 W Adams Blvd is a other located in Los Angeles, CA 90016 and is currently for sale. This property offers -- bedrooms, -- bathrooms, roughly 5,867 living square feet, and sits on an approximately 5,459 square foot lot. 5115 W Adams Blvd was first listed on ArdentRealEstateGroup.com on January 25, 2024. The homeowner is currently asking $2,575,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 108.33% higher than the median priced home. Local competing homes currently for sale include 5531 Santa Monica Blvd, 198 S Commonwealth Ave and 2365 Westwood Blvd. While the average home in Los Angeles, CA is selling in 96 days, 5115 W Adams Blvd has a days on market of 86 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 5115 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 5115 W Adams Blvd

Public county record property details
Beds
--
Baths
--
Year built
1936
Sq. Ft.
4,299
Lot Size
5,458
Stories
1
Type
Office Bldg (General)
Pool
No
Spa
No
County
Los Angeles
Lot#
126
APN
5049-009-046

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
$1,150,000
Median List Price/Sq.Ft.
$774
Median Sold Price
$955,000
Median Sold Price/Sq.Ft.
$651
Total Inventory
73
Median Sale to List Price %
100%
Avg Days on Market
28
Loan Type
Conventional (26.67%), FHA (0%), VA (0%), Cash (13.33%), Other (33.33%)

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(714) 706-1823

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Recently Sold Homes Near 5115 W Adams Blvd

5235 W Adams Blvd, Los Angeles, CA 90016
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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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