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$2,445,000

Beds
Unknown
sq ft
3,472

4809 W Adams Blvd, Los Angeles, CA 90016

4809 W Adams Blvd

Los Angeles, CA 90016

  • 333 days on market
Perfect opportunity for investors and developers! A multi-family property that's been transformed ( May or may not be permitted - Buyer to verify independently) and is now sitting on a sprawling LAC2 lot. Currently, it's a film set for indie productions and set up like a hostel. But for those of you with a vision, it's a project brimming with potential. There's ample square footage here for creative updates and improvements. Plus, you're in close proximity to the Metro, making this an even more appealing prospect. If you're ready to roll up your sleeves and transform this space into something truly special, don't miss out on this remarkable opportunity!

Details

Property type

Lot size

2,501 sq ft

Price per sq ft

$705

Year built

1929

HOA

No

Price History

11/30/2023
CLAW

CLAW #23324379

Listed
$2,445,000

Schools & Community

Neighborhood: 

West Adams

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

M C Horning Jr

Loan start date

July 2022

Original loan amount

$130,000

Est. remaining balance

Not provided

Interest rate

5.78%

Loan type

Stand Alone Second

Seller

Michelle Fox

Lender

Washington Mutual Bank

Loan start date

March 2007

Original loan amount

$484,500

Est. remaining balance

Not provided

Interest rate

9.7%

Loan type

Commercial, 30 year

Seller

Michelle Fox

Lender

Chase Manhattan Mtg Corp

Loan start date

October 2002

Original loan amount

$175,000

Est. remaining balance

Not provided

Interest rate

5.59%

Loan type

Commercial, 15 year

Seller

Michelle Fox

Lender

Chase Manhattan Mtg Corp

Loan start date

November 2000

Original loan amount

$134,000

Est. remaining balance

Not provided

Interest rate

7.52%

Loan type

Commercial, 15 year

Seller

Michelle Fox

Lender

Collateral Partners

Loan start date

April 2000

Original loan amount

$120,000

Est. remaining balance

Not provided

Interest rate

8.31%

Loan type

Seller take-back

Seller

Michelle Fox

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 09/21/2024 at 7:45 AM

Listing updated: 08/13/2024 at 12:44 PM

Listed by: Robert Howell, Keller Williams Beverly Hills Phone #: (310) 432-6400

MLS: CLAW #23324379

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