Retail Space on Adams
For Sale
$3,800,000
5278-5284 W Adams Blvd, Los Angeles, CA 90016
Retail property for sale in Los Angeles, CA.
Property Size5,520 SF
Price / SF$688.41
Days on Market184
Property Features for 5278-5284 W Adams Blvd
General Information
Standard status
Active
Size
5,520 SF
Property subtype
Retail
Building Details
Building Size
5,520 SF
Year Built
1941
Buildings
1
Listing Agency:
Kidder Mathews
Listed By:
Darin Spillman · License #01366902
(818) 867-9022
Source:
Kidder
Added: Apr 20
Changed: Aug 8
Last Checked: Jul 7 at 11:53PM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This commercial property, located on West Adams Boulevard in Los Angeles, California, offers 5,520 square feet of retail space. The property is intended for retail use.
Key Highlights
- Retail property for sale
- Located in Los Angeles, CA
- Year built: 1941
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$128,104
Cap Rate
3.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,562,080
$2.6M
Cap Rate 7%
$1,830,057
$1.8M
Cap Rate 9%
$1,423,378
$1.4M
Market Conditions
NOI Build-Up for 5,520 SF
Gross rent
$204.0K $36.96/SF
− Vacancy
−$21.0K −$3.81/SF
EGI
$183.0K $33.15/SF
− OpEx
−$54.9K −$9.95/SF
NOI
$128.1K $23.21/SF
Area
Los Angeles, CA
Vacancy
10.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,562,080
Cap Rate 7%
$1,830,057
Cap Rate 9%
$1,423,378
Alternative Uses
Best Use
Retail
$1.83M
$1.60M – $2.14M
NOI $128,104 @ 7.0% cap · market cap 3.37%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$111.83M
$97.85M – $130.47M
NOI $7,828,232 @ 7.0% cap · market cap 206.01%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,135
Businesses Nearby
Explore this area
Business Placement
Demographics for 90016, CA
46,512
Population
19,529
Households
2.4
Avg Household Size
37
Median Age
32%
College-Educated
79%
High-School Grad
3.6 sq mi
ZIP Area
12,920
Density / Sq Mi
$71,067
Median Household Income
$42,292
Median Earnings
$1,729
Median Rent
$919,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Los Angeles, CA
Frequently Asked Questions
What type of property is this?
Retail space - Retail property for sale in Los Angeles, CA.
Where is this retail space located?
The property is located at 5278-5284 W Adams Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: Retail property for sale; Located in Los Angeles, CA; Year built: 1941
