A turnkey 12-unit multifamily asset, 4309 W Adams Blvd offers a headache-free investment with market rents and a fully renovated property. The new owner will generate strong rents at a healthy $2.65/SF from day one in a rapidly elevating neighborhood. From James Beard-nominated Chef Keith Corbin of Alta Adams, the always buzzy Tartine and Mizlala restaurants, to CIM's numerous residential, commercial, and office developments, the neighborhood's energy is positive and electric. There is demonstrated demand for newly renovated dual-entrance units in smaller secure buildings with dedicated parking. Centrally located between Culver City and Downtown LA, the subject property offers financial and development incentives to the savvy investor, whether tax deferment within an Opportunity Zone or 7-floor by-right development potential as a TOD Tier 4 site in the Crenshaw CorridorSpecific Plan.
- Listing Status: Active
- Listing Agent: Nicole Lu
(lic# 02045957)
of CLAW
- Listing Office: Maher Commercial Realty
(lic# 02062365)
-
Based on information from CRISNet MLS as of 24th November 2024 at 11:15pm. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
