Gabriela Lambert, Listing Office: Innovative Property Strategies
#24439523·
Listing Office: Maher Commercial Realty·
Listing Agent: Nicole Lu·
Listing Office Phone: 310-464-1453
4309 W Adams Blvd Los Angeles, CA 90018
$4,175,000 List price
12 beds
12 baths
8,850 sqft
0.2 acres
$472 / sqft
House
Property details
About 4309 W Adams Blvd
A turnkey 12-unit multifamily asset, 4309 W Adams Blvd is an ideal 1031 exchange upleg. The headache-free investment offers robust market rents and a fully renovated property. The new owner will generate strong rents at a healthy $2.65/SF from day one as well as benefit from long-term appreciation in a rapidly elevating neighborhood. Add up to an additional +/-3,000 SF by building four ADUs in the rear of the generously sized lot. 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 Corridor Specific Plan.
Highlights
Home typeOther
StatusActive
Size8,850 sqft
Lot size0.2452 Acres
Year built1954
ParkingAssigned
MLS #24439523
Summary
- MLS Number: 24439523
- MLS Name: CRMLS
- Office Name: Maher Commercial Realty
- Office Phone: (310) 464-1453
- Listing Agent: Nicole Lu
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/30/2025, 10:21:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$4,175,000
4309 W Adams Blvd
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 01, 2017 | Home Sold | $1,695,000 |
| Dec 18, 1995 | Home Sold | $239,000 |
| Mar 28, 1989 | Home Sold | $550,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,929,116 | $24,419 |
| 2023 | $1,891,301 | $23,963 |
| 2022 | $1,854,227 | $22,882 |
| 2021 | $1,817,880 | $22,565 |
| 2020 | $1,798,746 | $21,907 |
| 2019 | $1,763,478 | $21,696 |
| 2018 | $1,728,900 | $5,288 |
| 2017 | $357,843 | $5,288 |
History based on county public records data.
Nearby schools
6
Virginia Road Elementary
Public District KG-5
0.5 mi
•2925 Virginia Rd
3
6th Avenue Elementary School
Public District KG-5
0.7 mi
•3109 6th Ave
4
Arlington Heights Elementary School
Public District KG-5
0.7 mi
•1717 7th Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $31,604. The majority of Los Angeles, CA residents have income less than $<35k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
56%
<35k
35%
35k-100k
8%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
42%
Single, No Kids
26%
Single, with Kids
11%
Married, No Kids
21%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
10%
12-17 yrs old
25%
18-34 yrs old
38%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Major League Soccer (MLS)
Pro Boxing
Where do the neighbors shop?
Foot Locker
H&M
Ross Dress For Less
Where do the neighbors go to eat?
Little Caesars
Popeyes
Boston Market
What do the neighbors drive?
Dodge
Nissan
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 4309 W Adams Blvd
This home is located at 4309 W Adams Blvd in Los Angeles, CA and zip code 90018 in the West Adams Terrace neighborhood. This 8,850 square foot home, which was built in 1954, sits on a 0.25 acre lot. Features: 12 bedrooms, 12 bathrooms. It has been listed on Rocket Homes since September 15, 2024 and is currently priced at $4,175,000.
Over 524 listings were sold over their listed price in December 2024 in Los Angeles, CA. In the same period over 740 listings were sold below the listed price and 203 listings were sold for the listed price. In December 2024 in Los Angeles, CA there were 5.3% less homes for sale than in November. While the average time on the market in December 2024 was 41 days, the median list price was $1,026,634.
From Rocket Homes Real Estate and based on county public records data.