Two-Unit Retail Storefront
4765 Adams Boulevard Los Angeles, CA 90016
For Sale
$1,749,000
Single-story 1938 retail building with two storefront units and five rear uncovered parking spaces on an LAC2 lot.
Property Size2,926 SF
Lot Size0.10 Acres
Price / SF$597.74
Days on Market215
Property Features for 4765 Adams Boulevard
General Information
- Standard status
- Active
- Size
- 2,926 SF
- Lot size
- 0.10 Acres
- Property subtype
- General Commercial
Building Details
- Year Built
- 1938
Listing Agency:
Kidder Mathews of California, Inc.
(858) 369-3010
Listed By:
Casey Lins · License #01902650
Source:
Xome
Added: Dec 20, 2025
Changed: Jul 23
Last Checked: Jul 23 at 2:34PM
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 Kidder Mathews of California, Inc.
Investment Insights
Based on property information with market context.
4765 W Adams Blvd is a single-story, 1938-built retail property with two commercial storefront units. The building totals 2,926 square feet and is currently occupied by Paisaboys and High Fidelity Records, offering immediate income as well as owner-user flexibility.
The property sits on a 4,559 square foot lot zoned LAC2. Five uncovered parking spaces are located in the rear and are accessible by alley.
Designed for retail storefront operations, the multi-tenant setup provides two distinct commercial spaces within one building along West Adams Boulevard.
The property sits on a 4,559 square foot lot zoned LAC2. Five uncovered parking spaces are located in the rear and are accessible by alley.
Designed for retail storefront operations, the multi-tenant setup provides two distinct commercial spaces within one building along West Adams Boulevard.
Key Highlights
- 2,926 SF single‑story commercial building built in 1938 with two commercial storefront units
- Two storefront units currently occupied by Paisaboys and High Fidelity Records
- LAC2 zoned lot measuring 4,559 SF
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 | $108.1k | $36.96 |
| − Vacancy | −$11.1k | −$3.81 |
| EGI | $97.0k | $33.15 |
| − OpEx | −$29.1k | −$9.95 |
| NOI | $67.9k | $23.21 |
2,926 SF · lease $36.96/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$970.1K
$848.8K – $1.13M
NOI $67,904 @ 7.0% cap · market cap 3.88%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$59.28M
$51.87M – $69.16M
NOI $4,149,530 @ 7.0% cap · market cap 237.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
High Fidelity Records ...
(Bike/Boat/Book/etc) Store
West Adams Realty
Real Estate Agency
Similar Off Market Nearby
- Dottie's Flowers & Plants — 4566 Pickford St, Los Angeles, CA 90019
- Ode à la Rose — 4817 W Adams Blvd, Los Angeles, CA 90016
- Brenda’s Beauty Flowers — 5212 W Adams Blvd, Los Angeles, CA 90016
- Beverly Hills Rose Co. — 5148 Washington Blvd, Los Angeles, CA 90016
FAQs
What type of property is this?
Storefront property - Single-story 1938 retail building with two storefront units and five rear uncovered parking spaces on an LAC2 lot.
Where is this storefront property located?
The property is located at 4765 Adams Boulevard Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,749,000.
What are key features of this property?
This property features: 2,926 SF single‑story commercial building built in 1938 with two commercial storefront units; Two storefront units currently occupied by Paisaboys and High Fidelity Records; LAC2 zoned lot measuring 4,559 SF
