Mixed-Use Property Near
For Sale
$2,500,000
1591 W Adams Boulevard, Los Angeles, CA 90007
COMMERCIAL - Los Angeles, CA
Property Size6,398 SF
Lot Size0.21 Acres
Price / SF$390.75
Days on Market364
Property Features for 1591 W Adams Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
LCA!
Directions
left on Normandie On Adams
Subdivision
97 - Out of Area South
Standard status
Active
APN
5054-017-002
Size
6,398 SF
Lot size
0.21 Acres
Utilities
Utilities
Natural Gas Available
Heating system
Central, Natural Gas
Cooling system
Central Air, Evaporative Cooling
Building Details
Year built
1914
Floors in Building
2
Building materials
Stucco, Wood Siding, Shingle Siding
Listing Agency:
People's Realty
(818) 271-6779
Listed By:
Alan A Castillo · License #01171139
(818) 271-6779
Added: Aug 1, 2025
Changed: Jul 28
Last Checked: Jul 30 at 6:06PM
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
- Mixed‑use property on Adams Blvd with 6,308 sq ft of building area on a 9,113 sq ft lot
- Built in 1914 with exterior materials including stucco, wood siding, and shingle siding
- Central heating with natural gas; natural gas available
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
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
NOI $9,073,375 @ 7.0% cap · market cap 362.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
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
$852,900
Median Home Value
Market
Average Price Trend$/SF for Mixed-use properties in Los Angeles, CA
Properties on Market for Mixed-use properties in Los Angeles
Questions? Ask Rey
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Frequently Asked Questions
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: Mixed‑use property on Adams Blvd with 6,308 sq ft of building area on a 9,113 sq ft lot; Built in 1914 with exterior materials including stucco, wood siding, and shingle siding; Central heating with natural gas; natural gas available
