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1587 Adams
Los Angeles, CA 90007
Sold
This favorable investment opportunity consists of two contiguous parcels and is comprised of 4,138 square feet of building on a 13,996 square foot lot for 7 TOWNHOUSE STYLE development. The subject properties are zoned C1 and is located within minutes of Downtown Los Angeles, USC, and Koreatown. Both lots must be bought together. NOT sold separately. Scheduled for completion in August 2019 is the USC Village, which will include a market, drugstore, a fitness center, a Trojan Town USC store, restaurants and outdoor dining, parking, and a community building. The $650 million project is one of the largest in the history of South Los Angeles. Daily traffic counts along the historic West Adams Boulevard are approximately 25,000 cars. The population within 5 miles is a dense 1,293,856. Buyer to verify all zoning with city of Los Angeles.
PROPERTY INFORMATION
| MLS # | 19481044 | Lot Size | 8,775 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 1,125,000
Price Per SqFt: $ 128 |
DOM | 2171 Days |
| Address | 1587 Adams | Type | Land |
| City | Los Angeles | Sq.Ft. | 8,775 Sq. Ft. |
| Postal Code | 90007 | Garage | N/A |
| County | Los Angeles | Year Built | |
| Bed / Bath | 0 / 0 | Parking | N/A |
| Built In | Status | Closed | |
| Sold Date | 2019-09-09 |
INTERIOR FEATURES
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,200
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 09/09/2019 | Sold | $1,125,000 |
| 07/29/2019 | Listed | $1,125,000 |
| 07/11/2019 | Listed | $1,125,000 |
| 06/21/2019 | Listed | $1,125,000 |
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(844)-333-8033
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Listing provided courtesy of John C. Pak, Philco Realty. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
