SOLD 04/25/2024
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Commercial sold for $1,200,000 in 85 days
4860 W Adams Blvd Los Angeles, CA, 90016
Off the market Mixed Use
Incredible business opportunity in Los Angeles, comprised of both commercial and residential space, totaling 2,815 sq ft. The commercial space will offer the buyer a blank slate to launch an enterprise of their own, or lease the space to an aspiring entrepreneur. The diverse location offers a desirable environment for a variety of business types. In addition to the commercial space as a source of revenue, the property offers 2 newly refreshed rental units upstairs. The first unit is a 2 bedroom 1 bath and the second is 1 bedroom 1 bath. These units are vacant. In addition to the business potential this property offers, it also sits a mere 10 miles from Santa Monica Pier, 13 miles to Marina Del Rey and is only a handful of miles from several major museums. It is surrounded by the cultural richness of Los Angeles and would make a great addition to any portfolio.
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Property details
2,626 sqft interior area
Land area
2,500 sqft (0.06 acres)
Address
4860 W Adams Blvd, Los Angeles, CA, 90016
City of California
Los Angeles
County
Los Angeles
Year Built
1925
District
Listing
Nearby major retailers
Trader Joe's
Whole Foods Market
T-Mobile
Gucci
Tom Ford
Albertsons
Supermarket: 13
Mobile phone: 9
Clothes: 2
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Interior Features
—
Utilities Included
Electricity Connected, Natural Gas Connected
Listed by
Tammy Crawford, Exp Realty of California
Name
Tammy Crawford
License number
01371780
Brokerage company
Exp Realty of California
MLS #
CRSR24023213
Buyer agent
Name
Brandon Gross
Brokerage company
Barry Gross Real Estate
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Mortgage
$3,685
Taxes
$0
HOA dues
$0
Mortgage
$240,000 / 20%
2.28%
30 years
Your amount
$3,685 / month
Lot details
TMK #5057013006
Parcel nr.
5057013006
90016 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
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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 90016
41%
Families with children
National average: 39%
47%
Non family households
632,474
Population
$83,613
Average Income
Age & gender
Median age 36 years
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Commute types
77% commute by car
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Education level
23% have bachelor education
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Number of employees
1% work in retail trade
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Vehicles available
44% have 1 vehicle
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Vehicles by gender
44% have 1 vehicle
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Housing market insights for
$1.48m
Neighborhood average
sales price*
sales price*
$1.25m
Neighborhood median
sales price*
sales price*
625
Number
of sales*
of sales*
Housing type
28% are small apartments
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Rooms
37% of the houses have 4 or 5 rooms
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Bedrooms
53% have 2 or 3 bedrooms
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Owners vs Renters
72% are renters
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14.83 / 20
Above Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Sold Apr 25, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Apr 25, 2024 | Sold | $1,200,000 | 0 | Public Record |
| Mar 26, 2024 | Under contract | $1,200,000 | 0 | MLS #CRSR24023213 |
| Feb 1, 2024 | New Listing | $1,200,000 | 0 | MLS #CRSR24023213 |
| Feb 1, 2024 | Unavailable | $1,200,000 | 0 | MLS #CRSR22206905 |
| Dec 16, 2023 | For sale | $1,200,000 | 0 | MLS #CRSR22206905 |
| Oct 24, 2023 | Unavailable | $1,200,000 | 0 | MLS #CRSR22206905 |
| Jul 6, 2023 | Price Decrease | $1,200,000 -11.11% | 0 | MLS #CRSR22206905 |
| Sep 21, 2022 | New Listing | $1,350,000 | 0 | MLS #CRSR22206905 |
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Frequently Asked Questions about 4860 W Adams Blvd
What is 4860 W Adams Blvd?
4860 W Adams Blvd is a Commercial/Industrial propertywith 2,626 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
4860 W Adams Blvd, Los Angeles, CA, 90016.
What comparable properties are nearby?
Comparable nearby commercial properties include 2531 Hillcrest Dr, 1936 S West View St, 5161 W Jefferson Blvd, 1804 Hauser Blvd, 3044 Edgehill Dr, 5511 Smiley Dr.
Based on information from the bridgeMLS as of 05-05-2024. 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: Apr 25, 2024
Verhouse Last checked 2 minutes ago
The closest grocery stores are Ralphs, 1.14 miles away and Sprouts Farmers Market, 1.14 miles away.
The 90016 zip area has a population of 632,474, and 41% of the families have children. The median age is 36.71 years and 77% commute by car. The most popular housing type is "small apartment" and 72% is renter.
