Prime West Adams Investment
4755 W Adams Blvd Los Angeles, CA 90016
For Sale
Contact for pricing
Renovated mixed-use property with retail and apartments near Culver City.
Property Size5,256 SF
Lot Size0.10 Acres
Price / SF$361.49
Days on Market934
Property Features for 4755 W Adams Blvd
General Information
Standard status
Active
Size
5,256 SF
Lot size
0.10 Acres
Property subtype
Mixed Use
Building Details
Year Built
1925
Listing Agency:
Nick Hadim group of companies
(310) 804-7993
Listed By:
Nick Hadim · License #CA 01824448
Source:
Crexi
Added: Jan 6, 2024
Changed: Jul 6
Last Checked: Jul 27 at 10:40AM
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 Nick Hadim group of companies
Investment Insights
Based on property information with market context.
Located in Prime West Adams, this investment property features approximately 5,256 square feet of improvements on a 4,559 square foot lot. The renovated structure, built in 1925, includes seven units divided between retail and apartments. Each unit is independently metered. Gated parking provides security. The property is zoned LAC2, offering versatile possibilities. Its location provides convenient access to Culver City, Downtown LA, and the 10 FWY. This property offers a blend of historical charm and modern potential.
Key Highlights
- Prime West Adams location, minutes from Culver City and Downtown LA with easy access to the 10 FWY.
- Seven units (retail and apartments) providing diverse income streams.
- Meticulously renovated 1925 structure with historical charm.
Financial Insights For Retail
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 | $194.3k | $36.96 |
| − Vacancy | −$20.0k | −$3.81 |
| EGI | $174.3k | $33.15 |
| − OpEx | −$52.3k | −$9.95 |
| NOI | $122.0k | $23.21 |
5,256 SF · lease $36.96/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Apartment 5plus
$92.92M
$81.31M – $108.41M
NOI $6,504,584 @ 7.0% cap · market cap 342.35%
Second Best
Retail
$1.74M
$1.52M – $2.03M
NOI $121,977 @ 7.0% cap · market cap 6.42%
Theoretical Best
Multifamily LT 5
$106.48M
$93.17M – $124.23M
NOI $7,453,838 @ 7.0% cap · market cap 392.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mixed-use property - Renovated mixed-use property with retail and apartments near Culver City.
Where is this mixed-use property located?
The property is located at 4755 W Adams Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Prime West Adams location, minutes from Culver City and Downtown LA with easy access to the 10 FWY.; Seven units (retail and apartments) providing diverse income streams.; Meticulously renovated 1925 structure with historical charm.
