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5614 W ADAMS Boulevard, Los Angeles, CA 90016

Property · 2 recorded sales since 2015

5614 W ADAMS Boulevard, Los Angeles, CA 90016 Sold June 2022 CRMLS
$2,100,000Sold June 2022

Listing Agent: Jordan Peikin (DRE #02015987) · Listing Office: Clement Partners Real Estate · Contact: 310-822-7262 · Bought with: Julian Nan · Julian Nan · MLS #22117257 · Source: CRMLS

0
Bathrooms
6,162 sqft
Lot Size
1961
Year Built
Property
Type
None
Cooling
CityLights
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About this property

5614 W. Adams Blvd is a commercially zoned 7-unit apartment building situated in the heart of the burgeoning West Adams retail corridor. All apartments have 2beds and 1bath, five of which have been tastefully renovated, including stainless steel appliances and reimagined kitchens and bathrooms. Additionally, the property recently had its soft story retrofit requirement completed and is in full compliance. There is also on-site laundry room with owned machines for added income. Superbly located between the heart of the West Adams commercial corridor and Downtown Culver City, 5614 W Adams Blvd provides residents with many of the great things LA has to offer right outside their front door. The property is central to major employment, freeways, and points of interest alike. Most errands can be accomplished nearby or with a short car ride. Moreover, the property lies a mere 10-minute drive from trendy Downtown Culver City, Downtown Los Angeles, and the University of Southern California. Tenants with young children will enjoy the nearby proximity to a variety of different schools and the 10-minute walk to Marvin Avenue Elementary School. This is an excellent opportunity to acquire an investment property with steady and reliable cash flow with additional future upside in rents and the neighborhood.

Listing description from the June 2022 sale, as reported to CRMLS.

Sale history

$2,100,000
Sold June 2022 · listed $2,150,000, on market January 2022 · MLS #22117257 · Source: CRMLS
Listing Agent: Jordan Peikin · Listing Office: Clement Partners Real Estate · Contact: 310-822-7262 · Bought with: Julian Nan · Julian Nan
$1,100,000
Sold March 2015 · on market December 2014 · MLS #DW14255595 · Source: CRMLS
Listing Agent: Hector Gonzalez · Listing Office: Century 21 A Better Service · Contact: 562-806-1000 · Bought with: Elijah Korobkin · Elijah Korobkin
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