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434 E Adams Blvd, Los Angeles, CA, 90011
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Commercial sold for $1,000,000 in 213 days

434 E Adams Blvd Los Angeles, CA, 90011

Off the market Other

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We are pleased to present the opportunity to acquire 434 E Adams Blvd, a 5-unit multifamily property located in the Historic South-Central neighborhood of South Los Angeles. Built in 1902, the building sits on a 7,858 sqft lot with 5,608 sqft of rentable space and consists of (1) 4Bed/2Bath single-family residence, accompanied by (2) 1Bed/1Bath and (2) 2Bed/1Bath units. 434 E. Adams boasts an average rent of $1,697/unit and roughly 33% in rental upside to be captured in the future. The property is separately metered for gas and electricity and does not offer tenants any on-site parking. Buyers are encouraged to verify accuracy of building records and data. Located east of Maple Ave and north of Jefferson, the subject property is located on a major Los Angeles thoroughfare. Tenants can find multiple public transportation stops at the corner of Maple and Adams and other nearby destination include Los Angeles Trade Technical College, University Park, University of Southern California, Exposition Park, Natural History Museum, and California Science Center. For commuters, the 10 and 110 Freeways are minutes away, providing access throughout Greater Los Angeles.
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Property details

5,608 sqft interior area
Land area
7,858 sqft (0.18 acres)
Address
434 E Adams Blvd, Los Angeles, CA, 90011
City of California
Los Angeles
County
Los Angeles
Previous price
$1,150,000
Year Built
1902
District
Listing

Nearby major retailers

T-Mobile
Whole Foods Market
Albertsons
Trader Joe's
Mobile phone: 2
Supermarket: 3
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Interior Features

Garage & Parking
None

Listed by

Sevak Keshishian, Marcus & Millichap
Name
Sevak Keshishian
License number
01887505
Brokerage company
Marcus & Millichap
MLS #
CL23319695

Buyer agent

Name
Benjamin Shamouelian
Brokerage company
Exclusive Realty Inc

Payment calculator

Calculate your monthly payments
Mortgage
$3,071
Taxes
$0
HOA dues
$0
$3,071 per month
Mortgage
$200,000 / 20%
2.28%
30 years
Your amount $3,071 / month

Lot details

TMK #5128010008
Parcel nr.
5128010008

90011 info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data

People living in 90011

43%
Families with children
National average: 39%
50%
Non family households
941,174
Population
$55,811
Average Income

Age & gender

Median age 33 years
More info

Commute types

58% commute by car
More info

Education level

38% have not graduated education
More info

Number of employees

1% work in retail trade
More info

Vehicles available

41% have 1 vehicle
More info

Vehicles by gender

41% have 1 vehicle
More info

Housing market insights for

$911.54k
Neighborhood average
sales price*
$710k
Neighborhood median
sales price*
410
Number
of sales*

Housing type

43% are apartments
More info

Rooms

30% of the houses have 2 or 3 rooms
More info

Bedrooms

40% have 2 or 3 bedrooms
More info

Owners vs Renters

85% are renters
More info
15.33 / 20
Most Walkable
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Price history

Sold May 8, 2024
Date Event Price $/sqft Source
May 8, 2024 Sold $1,000,000 0 Public Record
May 8, 2024 Price Decrease $1,000,000 -9.01% 0 MLS #CL23319695
Mar 21, 2024 Pending $1,099,000 0 MLS #CL23319695
Dec 6, 2023 For sale $1,099,000 0 MLS #CL23319695
Nov 8, 2023 Temporarily Withdrawn $1,099,000 0 MLS #CL23319695
Nov 7, 2023 For sale $1,099,000 0 MLS #CL23319695
Nov 7, 2023 Price Decrease $1,099,000 -4.43% 0 MLS #CL23319695
Oct 24, 2023 Unavailable $1,150,000 0 MLS #CL23319695
Oct 9, 2023 New Listing $1,150,000 0 MLS #CL23319695

Taxes of 434 E Adams Blvd, Los Angeles, CA, 90011

LARD zoning / MLS #CL23319695
Zoning
LARD

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Frequently Asked Questions about 434 E Adams Blvd

What is 434 E Adams Blvd?

434 E Adams Blvd is a Commercial/Industrial propertywith 5,608 sqft interior space.

What is the rental income?

-

What is the full address of this Commercial?

434 E Adams Blvd, Los Angeles, CA, 90011.

What comparable properties are nearby?

Comparable nearby commercial properties include 634 E Adams Blvd, 2323 Wall St, 218 E 27th St, 510 E 23rd St, 2417 S San Pedro St, 461 E 30th St.

Based on information from the bridgeMLS as of 05-20-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listing last updated on: May 09, 2024
Verhouse Last checked less than a minute ago


The closest grocery stores are Cal Mart Beer & Wine Food Store, 0.84 miles away and Trader Joe's, 1.18 miles away.
The 90011 zip area has a population of 941,174, and 43% of the families have children. The median age is 33.69 years and 58% commute by car. The most popular housing type is "apartment" and 85% is renter.
Commercial Sold $1m 434 E Adams Blvd, Los Angeles, CA, 90011 Save House Remove from Saved