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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
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

ZONING

Zoning Code C2, Los Angeles
  • Listing ID: 28050837

  • Date on Market: 3/23/2023

  • Last Updated:

  • Address: 5504 W Adams Blvd, Los Angeles, CA 90016