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Mixed-Use Property Near USC

1591 W Adams Boulevard Los Angeles, CA 90007

1591 W Adams Boulevard, Los Angeles, CA, 90007
$2,500,000
For Sale
Claim this Listing
$2,500,000

COMMERCIAL - Los Angeles, CA

Property Size6,398 SF
Lot Size0.21 Acres
Price / SF$390.75
AddedAug 1, 2025
Days on Market350
Last RefreshJul 16 at 6:06 am

Property Features for 1591 W Adams Boulevard

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
LCA!
Standard status
Active
APN
5054-017-002
Size
6,398 SF
Lot size
0.21 Acres

Utilities

Utilities
Natural Gas Available
Heating system
Natural Gas, Central
Cooling system
Central Air, Evaporative Cooling

Building Details

Year built
1914
Floors in Building
2
Building materials
Stucco, Wood Siding, Shingle Siding

Listing agent Alan A Castillo License #01171139

Listing office People's Realty 10722 White Oak ave #3, Palmdale, CA

Listing date Aug 1, 2025

MLS# 25006061

Copyright © 2026 Greater Antelope Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

Located in the heart of downtown Los Angeles, very close to the University of Southern California (USC), this mixed-use property offers an exceptional canvas for urban development. The property totals 6398 square feet and sits on a 9113 square foot lot. Situated on Adams Blvd, this property is located in one of the most dynamic and sought-after neighborhoods in Los Angeles, making it an ideal investment for housing, mixed-use development, or commercial ventures catering to the vibrant university community. The property is fully entitled for development.

Key Highlights

  • Prime downtown Los Angeles location near USC.
  • Large 6308 sq ft property on a 9113 sq ft lot.
  • Fully entitled for development.

Local Financial Insights For Mixed Use

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $230.3k $36.00
− Vacancy −$23.0k −$3.60
EGI $207.3k $32.40
− OpEx −$77.7k −$12.15
NOI $129.6k $20.25
6,398 SF · lease $36.00/SF/yr · vacancy 10.00% · expense 37.50%

Alternative Uses

Best Use
Mixed Use
$1.85M
$1.62M – $2.16M (±1% cap)
NOI $129,560 @ 7.0% cap · market cap 5.18%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$129.62M
$113.42M – $151.22M (±1% cap)
NOI $9,073,375 @ 7.0% cap · market cap 362.94%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Mixed-use properties

Suggested Use

Law Firm Real Estate Agency HVAC Service (Bike/Boat/Book/etc) Store Skin Care Clinic Tech Support Center Travel Agency (Bike/Boat/Book/etc) Store Pet Grooming Service Carpet & Flooring Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mixed-use property - Mixed-use property near USC, ideal for investors or developers.
Where is this mixed-use property located?
The property is located at 1591 W Adams Boulevard Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Prime downtown Los Angeles location near USC.; Large 6308 sq ft property on a 9113 sq ft lot.; Fully entitled for development.
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More about this property
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