5629 W Adams Blvd - Storefront Retail/Office FOR SALE


Los Angeles, CA 90016- West Adams
$1,375,000 USD
310-592-8269
5629 W Adams Blvd, Los Angeles, CA for Sale
$1,375,000 USD
Storefront Retail/Office - FOR SALE
1/17
null | Request Cap Rate

5629 W Adams Blvd
Los Angeles, CA 90016
West Adams


HIGHLIGHTS

  • Variety of potential retail uses including retail store, showroom, retail + office, professional office, medical office, live/work, production studio
  • Extensively renovated property
  • Corner lot with over 28 feet of frontage on busy Adams Blvd.
  • Walking distance to a myriad of popular restaurants, public transport, shopping, and mixed-use development
  • Opportunity Zone presents tax advantages

OVERVIEW

Price Reduced! Darin Spillman of Kidder Mathews is pleased to present 5629 W Adams Blvd, a retail property located in an Opportunity Zone in the highly sought-after submarket of West Adams / Culver City in Los Angeles. The property consists of a 1,115 SF retail building and a separate office structure of 220 SF. There is alley access with gated access to the private garden patio, which could allow for 2-3 parking spaces. There is also a newer storage container of 8’ x 8’ x 15’ that is fully wired for electricity. Both buildings have undergone extensive renovations, have separate street access and are vacant. The asset lends itself to an owner-user seeking a variety of retail uses in one of the most popular commercial and residential neighborhoods of Los Angeles, the West Adams district, with close proximity to Culver City, central access to the entire city, and walking distance to a multitude of mixed-use developments, restaurants, shopping, and public transportation.

FOR SALE DETAILS

PRICE

$1,375,000 USD

PRICE/SF

$1,030 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Corner Retail/Office in Opportunity Zone

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Bar, Freestanding, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

C2-1VL-CPIO

APN/PARCEL ID

5048-002-045

ASK ABOUT THIS PROPERTY

Darin SpillmanKidder MathewsMore Info
310-592-8269

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Darin SpillmanKidder MathewsMore Info
310-592-8269

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.