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5631 W Adams Blvd - Entire City Block West Adams Blvd 0.66 Acres of Commercial Land Offered at $8,500,000 in Los Angeles, CA 90016
INVESTMENT HIGHLIGHTS
- Rare opportunity to purchase an entire city block
- Prime Historic Adams District location: neighbors include architects, art galleries, movie production, tech company designers, restaurants
- » CALL BROKER TO SHOW
- Street and alley access
- Near many amenities and new developments
EXECUTIVE SUMMARY
LOCATION 5631-5659 West Adams Boulevard, Los Angeles, CA 90016 (Located just East of Fairfax Avenue)
PREMISES Four [4] buildings totaling approximately 19,496 square feet
LAND Approximately 28,643 square feet (entire block)
ZONING LAC2-1VL-CPIO
YEAR BUILT 1948 & 1959
PARKING Up to thirty [30] parking spaces in fenced lot with electric gates ( fourteen [14] parking spaces via car stackers) plus four (4)
exterior spaces
SALE PRICE $10,500,000
BUILDINGS 5631 Adams Blvd (±1,915 Sq. Ft)
» Former liquor store and apartment
» Currently owner occupied
5655 Adams Blvd (±7,500 Sq. Ft)
» Highly improved creative space
with warehouse component
» HVAC in office area
» Bow truss ceilings
» Kitchen area (appliances included)
» Ground level loading door, off alley
» 12’ clearance height in warehouse
» Skylights throughout space
» 400 amps 200 volts 3 phase power
» Currently Vacant
5645 Adams Blvd (±7,500 Sq. Ft)
» Office/warehouse with bonus storage mezzanine space
» HVAC in office area
» Bow truss ceilings
» Kitchen area
» Two [2] 10’x10’ ground level loading doors
» 12’ clearance height in warehouse
» Skylights throughout space
» 800 amp 480 volts 3 phase power
» Currently Vacant
5659 Adams Blvd (±2,581 Sq. Ft)
» Currently occupied on a month to
month basis
COMMENTS » Rare opportunity to purchase an entire city block
» Street and alley access
» Prime Historic Adams District location: neighbors include architects, art galleries, movie
production, tech company designers, restaurants, many amenities and new developments
» CALL BROKER TO SHOW
PREMISES Four [4] buildings totaling approximately 19,496 square feet
LAND Approximately 28,643 square feet (entire block)
ZONING LAC2-1VL-CPIO
YEAR BUILT 1948 & 1959
PARKING Up to thirty [30] parking spaces in fenced lot with electric gates ( fourteen [14] parking spaces via car stackers) plus four (4)
exterior spaces
SALE PRICE $10,500,000
BUILDINGS 5631 Adams Blvd (±1,915 Sq. Ft)
» Former liquor store and apartment
» Currently owner occupied
5655 Adams Blvd (±7,500 Sq. Ft)
» Highly improved creative space
with warehouse component
» HVAC in office area
» Bow truss ceilings
» Kitchen area (appliances included)
» Ground level loading door, off alley
» 12’ clearance height in warehouse
» Skylights throughout space
» 400 amps 200 volts 3 phase power
» Currently Vacant
5645 Adams Blvd (±7,500 Sq. Ft)
» Office/warehouse with bonus storage mezzanine space
» HVAC in office area
» Bow truss ceilings
» Kitchen area
» Two [2] 10’x10’ ground level loading doors
» 12’ clearance height in warehouse
» Skylights throughout space
» 800 amp 480 volts 3 phase power
» Currently Vacant
5659 Adams Blvd (±2,581 Sq. Ft)
» Currently occupied on a month to
month basis
COMMENTS » Rare opportunity to purchase an entire city block
» Street and alley access
» Prime Historic Adams District location: neighbors include architects, art galleries, movie
production, tech company designers, restaurants, many amenities and new developments
» CALL BROKER TO SHOW
PROPERTY FACTS
| Price | $8,500,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Total Lot Size | 0.66 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Zoning | LAC2-1VL-CPIO - Commercial | ||
| Price | $8,500,000 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.66 AC |
| Opportunity Zone |
Yes |
| Zoning | LAC2-1VL-CPIO - Commercial |
1 LOT AVAILABLE
Lot
| Price | $8,500,000 | Lot Size | 0.66 AC |
| Price Per AC | $12,926,714.65 |
| Price | $8,500,000 |
| Price Per AC | $12,926,714.65 |
| Lot Size | 0.66 AC |
LOCATION 5631-5659 West Adams Boulevard, Los Angeles, CA 90016 (Located just East of Fairfax Avenue) PREMISES Four [4] buildings totaling approximately 19,496 square feet LAND Approximately 28,643 square feet (entire block) ZONING LAC2-1VL-CPIO
1 1
Walk Score®
Very Walkable (81)
PROPERTY TAXES
| Parcel Number | 5048-003-062 | Improvements Assessment | $4,998,000 |
| Land Assessment | $6,732,000 | Total Assessment | $11,730,000 |
PROPERTY TAXES
Parcel Number
5048-003-062
Land Assessment
$6,732,000
Improvements Assessment
$4,998,000
Total Assessment
$11,730,000
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5631 W Adams Blvd - Entire City Block West Adams Blvd
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