4874 W. Adams Boulevard, Los Angeles, CA for sale

Investment Overview

Lee & Associates is pleased to present the opportunity to purchase this mixed-use building at 4874 W Adams Blvd, consisting of ± 3,427 square feet of building on ± 2,500 square feet of land. The property is situated in the heart of West Adams and is walking distance to a bus stop. Originally built in 1923, and freshly renovated in 2024, this property is perfect for an owner-user. The ground floor is made up of 2 remodeled and vacant commercial units. The owner has removed a wall between two commercial spaces, so both units can be accessed from the inside. Upstairs consists of 2 residential Two Bed and One Bath units. Both units have been beautifully renovated and are currently occupied.. West Adams has become one of the “hot” markets of Los Angeles as investors and users looked for more affordable Los Angeles real estate. The location, in the middle of Los Angeles, had also added to the desirability. Multiple large investors have purchased a significant number of properties, and either rehabbed the properties or developed ground up. The residential market has been in high demand, and a younger generation has moved into the neighborhood.

Investment Highlights

• Two vacant commercial units + two leased 2bd/1ba apartments | Fully renovated in 2024 | Outdoor patio | Walking distance to restaurants, cafes, and new developments | Great owner-user opportunity with income