4557-4575 Adams Blvd, Los Angeles, CA 90016
10,312 SF | 100% Leased | Retail Building | Los Angeles, CA 90016 | $3,500,000 ($339/SF)
For Sale
Active
11 pictures
Asking Price $3,500,000
- Property Type
-
Retail
- Square Feet
- 10,312 SF
- Price / Square Foot
- $339
Listing Contacts
Floyd Shaheen
Vaun Lennon
Robert Clifford
Property Overview
Floyd Shaheen of Marcus & Millichap and Vaun Lennon and Robert Clifford of Lee & Associates West LA have been selected to exclusively market for sale 4557-4575 West Adams Boulevard, a 10,312 square foot, multi-tenant retail storefront/creative-flex space, and a fully licensed auto-body/auto repair ideally located in the highly sought-after West Adams Neighborhood.
Two contiguous parcels combine for 16,237 square feet of land block to block between Buckingham Road and Virginia Road. West Adams Boulevard in Mid-City is one of the most in demand neighborhoods in Los Angeles that has had a rich history as an epi-center for creativity and commerce. The irreplaceable location is within minutes of the Culver City downtown revitalization and downtown Los Angeles. There are 15-18 FT ceilings, mezzanine space, the roof has been upgraded, and two billboards. All current tenants are on month-to-month leases. This is a rare opportunity to acquire a value-add multi-tenant retail building with the potential to develop on-site secured parking in an area experiencing extensive growth and development.
4557-4575 West Adams Boulevard, presents the opportunity to purchase in a truly locally-renowned location that is seeing explosive growth. Open space with high ceilings/sky lights, multiple entry points to the building, future development potential, and a centralized location combine to offer unlimited flexibility with this property. There is major upside in the rents allowing the opportunity for a value-add investor to create immediate value. The property is also well positioned for an owner/user to take advantage of SBA financing. The West Adams rental market has experienced significant growth and offers outstanding long-term returns for investors. There has been a significant amount of movement and turnover within this specific marketplace, creating an opportunity for new concepts to enter the market and position this submarket for the future. All information to be verified by buyer.
Two contiguous parcels combine for 16,237 square feet of land block to block between Buckingham Road and Virginia Road. West Adams Boulevard in Mid-City is one of the most in demand neighborhoods in Los Angeles that has had a rich history as an epi-center for creativity and commerce. The irreplaceable location is within minutes of the Culver City downtown revitalization and downtown Los Angeles. There are 15-18 FT ceilings, mezzanine space, the roof has been upgraded, and two billboards. All current tenants are on month-to-month leases. This is a rare opportunity to acquire a value-add multi-tenant retail building with the potential to develop on-site secured parking in an area experiencing extensive growth and development.
4557-4575 West Adams Boulevard, presents the opportunity to purchase in a truly locally-renowned location that is seeing explosive growth. Open space with high ceilings/sky lights, multiple entry points to the building, future development potential, and a centralized location combine to offer unlimited flexibility with this property. There is major upside in the rents allowing the opportunity for a value-add investor to create immediate value. The property is also well positioned for an owner/user to take advantage of SBA financing. The West Adams rental market has experienced significant growth and offers outstanding long-term returns for investors. There has been a significant amount of movement and turnover within this specific marketplace, creating an opportunity for new concepts to enter the market and position this submarket for the future. All information to be verified by buyer.
Property Details
- Class
- C
- Year Built
- 1938
- Stories
- 1
- Property Subtype
- Vehicle Related
- Lot Size (sq. ft)
- 16,117 SF
Highlights
- Multi-Tenant Retail | Creative Flex-Space | Fully Licensed Auto Body/Auto Repair
- Value Add | Major Upside in Rents | All Tenants Month to Month Leases
- Tier 2 TOC | ED-1 100% Affordable Housing Future Redevelopment
- Potential for on-site secured parking
- Centrally located in the highly sought after Mid-City Corridor
- Easy access to the 10, 110, and 405 Freeways
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