CLOSED ESCROW

MIXED-USE OFFERING

4650 WEST ADAMS BOULEVARD

Los Angeles, CA 90016

PRICE:

PRICE/SF:

BUILDING SF:

CAP RATE CURRENT/ PRO FORMA:

YEAR BUILT:

$1,085,00

$213

5,104

2.80%/5.55%

1923

DEAL HIGHLIGHTS​:

  • Multiple Offers

  • Sold at 98.6% of List Price

  • Great West Adams Location

  • Value-Add Deal

 

ASSET HIGHLIGHTS

  • Mixed-Use/Retail Storefront/Duplex

  • Corner Lot

  • Easy Access to 10 Freeway

  • Culver City Adjacent

  • Value-Add

  • Upside In Rents

THE ASSET

The Hirth Group is pleased to present 4650 West Adams Boulevard in Los Angeles, California. This unique investment offers complete flexibility for an investor to acquire a storefront retail/residential value-add asset with upside potential in the rents. The offering is comprised of 5,104 square feet of building on 6,530 square feet of land. 

 

Located on the southwest corner of West Boulevard and West Adams Boulevard, this burgeoning neighborhood’s infrastructure has seen an unprecedented resurgence within the last few years.  The property presents easy access to the 10 freeway and is within minutes of Culver City.  The recent surge in development on the West Adams corridor has proven a dynamic demographic, dramatically increasing retail appeal and confidence in neighborhood welfare.

 

Daily traffic counts along the historic West Adams Boulevard are approximately 20,000 cars. The population within five miles is a dense 1,267,060.

GET IN TOUCH:

NEVER MISS A LISTING:

Tel: 310-300-2838

daniel@hirthgroup.com

2701 Ocean Park Blvd #140

Santa Monica, CA 90405

© 2017 by THE HIRTH GROUP

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