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1470 W Adams Blvd, Los Angeles, CA 90007
Vacant 12-bedroom house on a development-zoned lot with by-right multifamily unit capacity for redevelopment planning.
Property Size4,313 SF
Lot Size0.29 Acres
Days on Market122
Property Features for 1470 W Adams Blvd
General Information
Standard status
Active
Size
4,313 SF
Lot size
0.29 Acres
Property subtype
Multifamily
Zoning
LAC2
Additional Details
Highway Access
Yes
Listing Agency:
Young Lewin Advisors
(650) 743-5908
Listed By:
Dan Lewin · License #CA 01932742
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 22 at 4:32AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Young Lewin Advisors
Investment Insights
Based on property information with market context.
The property consists of a 4,313-square-foot, 12-bedroom house on a 12,765-square-foot lot, currently delivered vacant at the close of escrow. The existing structure is subject to historic preservation restrictions, which impact the development approach. The suggested plan is to renovate the house and subdivide it into four units, while using approximately 4,500 square feet in the rear yard to add additional units through a combination of existing by-right development rights and ADUs.
The site is zoned LAC2, Tier 3 TOC, with by-right zoning for 31 units prior to applying any development bonuses. The property is adjacent to two new large-scale multifamily developments and is within walking distance of a Ralphs grocery anchored retail center.
In addition to proximity to USC (about 0.6 miles), the location is walkable to a Metro Expo Line station and Exposition Park, with access to major venues including the LA Coliseum, the new LAFC BMO Stadium, and the George Lucas Museum of Narrative Art. Downtown Los Angeles is approximately a 10-minute commute, with convenient access to the 10 Freeway.
The site is zoned LAC2, Tier 3 TOC, with by-right zoning for 31 units prior to applying any development bonuses. The property is adjacent to two new large-scale multifamily developments and is within walking distance of a Ralphs grocery anchored retail center.
In addition to proximity to USC (about 0.6 miles), the location is walkable to a Metro Expo Line station and Exposition Park, with access to major venues including the LA Coliseum, the new LAFC BMO Stadium, and the George Lucas Museum of Narrative Art. Downtown Los Angeles is approximately a 10-minute commute, with convenient access to the 10 Freeway.
Key Highlights
- Vacant 4,313 SF, 12‑bedroom house on a 12,765 SF lot with LAC2 and Tier 3 TOC zoning
- Zoned by‑right for 31 units prior to applying development bonuses
- Historic preservation restrictions suggest renovating the existing 12‑bedroom house and subdividing into 4 units
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,984
Businesses Nearby
Explore this area
Business Placement
Demographics for 90007, CA
40,944
Population
14,153
Households
2.9
Avg Household Size
28
Median Age
29%
College-Educated
63%
High-School Grad
2.4 sq mi
ZIP Area
17,060
Density / Sq Mi
$36,032
Median Household Income
$21,176
Median Earnings
$1,480
Median Rent
$852,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Vacant 12-bedroom house on a development-zoned lot with by-right multifamily unit capacity for redevelopment planning.
Where is this quadplex located?
The property is located at 1470 W Adams Blvd Los Angeles, CA.
What are key features of this property?
This property features: Vacant 4,313 SF, 12‑bedroom house on a 12,765 SF lot with LAC2 and Tier 3 TOC zoning; Zoned by‑right for 31 units prior to applying development bonuses; Historic preservation restrictions suggest renovating the existing 12‑bedroom house and subdividing into 4 units
