The Hirth Group of KW Commercial has been exclusively selected to market for sale 4525 W Adams Boulevard, Los Angeles CA 90016. The property is located on the corner of West Adams Boulevard and Virginia Road, the asset boasts excellent visibility and vehicular traffic. West Adams Boulevard is situated in the highly sought-after Mid-City corridor that has massive development planned and in progress, located near the expo line that links Santa Monica to Downtown Los Angeles. The subject property is located near downtown Culver City, the expo line, and has easy access to the 10 freeway.
The asset boasts approximately 9,295 rentable SF on a 10,052 SF lot comprised of creative/office/live work space ideally located in the heart of the ever gentrifying West Adams District. The building consists of 6 retail units, and 2 non-conforming apartments in the rear of the property. The subject property has been extensively remodeled and boasts high ceilings, original cement flooring and beautiful red brick in the interior of the building.
The property also has new tankless water heaters, upgrading security system, and Wi-Fi for the entire building. The current owner is occupying two store fronts which will be delivered vacant comprising of approximately a 750 SF unit and a 1,000 SF unit. The upside potential for this property is tremendous allowing a new owner to take over, and immediately increase rents, rent out vacant units, and potentially use the property as an owner user deal. SBA financing is available with as little as 15% down. Buyer to verify all information with the city of Los Angeles.