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5115 W Adams Boulevard Los Angeles CA 90016 MLS #24351491

PRICE REDUCED! 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.

Property Details

Price:
$2,350,000
MLS #:
24351491
Status:
Active
Baths:
0
Address:
5115 W Adams Boulevard
Type:
Commercial
Neighborhood:
c16midlosangeles
City:
Los Angeles
Listed Date:
Jan 24, 2024
State:
CA
ZIP:
90016
Year Built:
1936

Schools

Interior

Exterior

Parking Spots
6.00
Stories Total
2

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