Strip Mall with 11 Retail
For Sale
Contact for pricing
5502 W Adams Blvd, Los Angeles, CA 90016
Eleven month-to-month retail tenancies occupy a 1929 commercial property on a signalized corner.
Property Size5,868 SF
Days on Market143
Property Features for 5502 W Adams Blvd
General Information
Standard status
Active
Size
5,868 SF
Property subtype
Land
Site & Location
Corner Location
Yes
Highway Access
Yes
Road Access
Yes
Additional Details
Opportunity Zone
Yes
Land Use
retail, commercial
Building Details
Year Built
1929
Buildings
1
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Encino
(818) 212-2700
Listed By:
Jason Tuvia · License #CA 01772495
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 31 at 1:48AM
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 Marcus & Millichap - Encino
Investment Insights
Based on property information with market context.
This 5,868-square-foot retail strip center was built in 1929 and contains 11 retail spaces averaging 516 square feet. The suites are leased on gross month-to-month agreements, providing a multi-tenant configuration within an established commercial building. The property occupies a signalized hard corner with building frontage.
Located in West Adams, the site falls within the commercial corridor subarea of the West Adams CPIO, which provides direction for adaptive reuse of existing structures. The property also has Tier 1 TOC benefits for residential redevelopment and is eligible for ED1 through the State Density Bonus with reduced parking under AB 2097. It is situated in an opportunity zone and is within walking distance of Mizlala, Tartine, Vees Cafe, Alta, and MIAN West Adams.
Located in West Adams, the site falls within the commercial corridor subarea of the West Adams CPIO, which provides direction for adaptive reuse of existing structures. The property also has Tier 1 TOC benefits for residential redevelopment and is eligible for ED1 through the State Density Bonus with reduced parking under AB 2097. It is situated in an opportunity zone and is within walking distance of Mizlala, Tartine, Vees Cafe, Alta, and MIAN West Adams.
Key Highlights
- 5,868 SF retail strip center built in 1929
- 11 retail spaces averaging 516 SF each
- All tenants occupy gross month‑to‑month leases
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,201
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
Market
Vacancy Rate% for Retail in Los Angeles, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Eleven month-to-month retail tenancies occupy a 1929 commercial property on a signalized corner.
Where is this strip mall located?
The property is located at 5502 W Adams Blvd Los Angeles, CA.
What are key features of this property?
This property features: 5,868 SF retail strip center built in 1929; 11 retail spaces averaging 516 SF each; All tenants occupy gross month‑to‑month leases
