5504 W Adams Blvd | Los Angeles, CA 90016
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- LoopNet Team
5504 W Adams Blvd
Los Angeles, CA 90016
9 Units Mixed Use in Prime West Adams · Multifamily Property For Sale · 9 Units
Investment Highlights
- There is 56 Percent Remaining Rental Upside Through Interior and Exterior Renovations.
- Developers like CIM Group, 4D Developments, Carmel Partners and Redcar Properties All Have Projects Under Way in this Neighborhood.
- Family Owned and Operated, on Market for the Frist Time in 20 Years.
- The West Adams Neighborhood is a Rapidly Growing Urban Location Proximate to Culver City That has a Host of New Restaurants, Coffee Shops & Breweries.
- Record-High Lease Rates & Pricing in Culver City Means Many Companies Can No Longer Find/Afford Space - Making West Adams the Next Best Option.
PROPERTY FACTS
| No. Units | 9 | Lot Size | 0.15 AC |
| Property Type | Multifamily | Building Size | 6,572 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1955 |
| Building Class | B | Parking Ratio | 0.76/1,000 SF |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 0.15 AC |
| Building Size | 6,572 SF |
| No. Stories | 2 |
| Year Built | 1955 |
| Parking Ratio | 0.76/1,000 SF |
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | - | 600 |
| 2+1 | 3 | - | 850 |
PROPERTY TAXES
| Parcel Number | 5048-028-007 | Improvements Assessment | $432,106 |
| Land Assessment | $236,958 | Total Assessment | $669,064 |
PROPERTY TAXES
Parcel Number
5048-028-007
Land Assessment
$236,958
Improvements Assessment
$432,106
Total Assessment
$669,064
zoning
| Zoning Code | C2, Los Angeles |
| C2, Los Angeles |
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