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Mixed-Use Property Near USC

1591 W Adams Boulevard, Los Angeles, CA 90007

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For Sale

$2,500,000

COMMERCIAL - Los Angeles, CA

Property size:

6,398 SF

Lot size:

0.21 Acres

Price / SF:

$390/SF

HighLights

Prime downtown Los Angeles location near USC.
Large 6308 sq ft property on a 9113 sq ft lot.
Fully entitled for development.
Ideal for housing, mixed‑use, or commercial ventures.
Mixed‑use property suitable for investors or developers.
Central heating and cooling.

We can help!

Listing Contact

Alan A Castillo

For Sale

$2,500,000

COMMERCIAL - Los Angeles, CA

Property size:

6,398 SF

Lot size:

0.21 Acres

Price / SF:

$390/SF

Added:: Aug 1, 2025
Days on Market:: 319
Last Refresh:: Jun 15 at 8:06 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

We can help!

Listing Contact

Alan A Castillo

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.

HighLights

Prime downtown Los Angeles location near USC.
Large 6308 sq ft property on a 9113 sq ft lot.
Fully entitled for development.
Ideal for housing, mixed‑use, or commercial ventures.
Mixed‑use property suitable for investors or developers.
Central heating and cooling.

Overview

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.

Local Financial Insights For Mixed Use

Simulate Cap Rate and NOI

NOI Build-Up

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 Profile Location Intelligence

Current Use by Public Records

Mixed-use properties

Suggested Use

Location Insight

Map
Local Demand

City: Los Angeles
County: Los Angeles
State: California
Longitude: -118.297332
Latitude: 34.033046

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For sale
Mixed-use properties
CA
Los Angeles
90007
1591 W Adams Boulevard

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.

1591 W Adams Boulevard, Los Angeles, CA 90007

COMMERCIAL - Los Angeles, CA

Property Features for 1591 W Adams Boulevard

General Information

Utilities

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Mixed Use

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Los Angeles Commercial Investment Opportunity

Los Angeles Retail Opportunity

Prime Automotive Land in Los Angeles

Los Angeles Industrial Owner-User Opportunity

Eagle Rock Commercial/Residential Opportunity

Multifamily Property in Boyle Heights

Los Angeles Multifamily Investment Opportunity

Highland Park Multifamily Value-Add Opportunity

Four-Unit Residential Income Property

6-Unit Apartment Campus with ADU Plans

Adjacent 11-Unit Residential Income Properties

Apartment Income Property with Covered Parking

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