Property profile

5007-5009 Adams Blvd Los Angeles, CA 90016

OFF-MARKET
Warehouses
2,914 SF 0.06 ac lot Built 1948
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Property summary

AI-generated overview

This exceptional 2,914 square foot warehouse, located at 5007-5009 W Adams Blvd in Los Angeles, California (zip code 90016), presents a unique live/work opportunity. Built in 1948, this two-story building boasts a versatile layout. The first floor offers 1,357 square feet of office space, ideal for a variety of businesses. Upstairs, you'll find two separate one-bedroom, one-bathroom apartments, providing excellent potential for rental income or personal use. The property sits on a 0.06-acre lot and includes secure rear yard parking for up to six vehicles. The warehouse features a 10-foot ceiling height. The property is zoned C2, offering flexibility for various commercial uses. Its convenient location is just one block east of the La Brea Avenue and I-10 Freeway ramps, providing easy access to major transportation arteries. The asking price for this property is $1,250,000, translating to $428.96 per square foot. This represents a compelling investment opportunity in a thriving Los Angeles location. The property's combination of commercial space and residential units makes it an attractive option for both business owners and investors seeking a unique and versatile property.

Property profile

Verified
Property type Warehouses
Year built 1948
Total area 2,914 SF
Lot 0.06 ac (2,614 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5007-5009 Adams Blvd Los Angeles, CA 90016
Los Angeles metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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