Los Angeles, CA 90018,4015 W Adams BLD
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Los Angeles, CA 90018,4015 W Adams BLD
Los Angeles, CA 90018,4015 W Adams BLD
Los Angeles, CA 90018,4015 W Adams BLD
Los Angeles, CA 90018,4015 W Adams BLD
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Listed by Martin Ensbury • Lyon Stahl Investment Real Estate, Inc.
$ 5,150,000
Est. payment /mo
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4015 W Adams BLD Los Angeles, CA 90018

0.49 Acres Lot


UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSB25145990

Year Built 1961

Lot Size 0.486 Acres

Source California Regional MLS

Property Description

We are pleased to present to you our newest listing located at 4015 W. Adams, Los Angeles, CA 90018, which is in the heart of the coveted West Adams submarket. This classic 26-unit courtyard apartment building, which was built in 1961, features huge units with lots of natural lighting, and a well landscaped courtyard with a fenced pool and secured parking. There are 25 parking spaces, the soft story retrofit is completed ($280,000). The property also has a large laundry room. The seller purchased the building in 2019. Since the purchase, the seller has spent over $566,000 on interior and exterior renovations of the property. The Schedule of the Rehab Work is included in this Offering Memorandum. 10 units (38% of the units) have been fully renovated. Many of those rehabs included full plumbing replacement. Two years ago, the seller replaced the main roof and facia boards, painted the building, replaced the entry door and windows to the lobby, renovated the lobby, replaced the main awning over the front staircase, did an asphalt overlay of the front and rear parking lots, renovated the front fence and replaced the street entrance door, installed two new gate motors, which are enclosed in metal cages, relandscaped the front of the building, and replaced both water heaters. The

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Interior

Laundry Laundry Area

Exterior

Pool Community Facility

Building

Water District - Public

Others

Tax ID 5059011002

Special Listing Condition Not Applicable


MLS Listing IDX PLUS
agent

The Walker Team

Agent | License ID: 01244287

+1(650) 383-7298

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4015 W Adams BLD