CA > Los Angeles
Los Angeles, CA 90007,1470 W Adams Blvd
Los Angeles, CA 90007,1470 W Adams Blvd
Los Angeles, CA 90007,1470 W Adams Blvd
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Kirshner Elkin Properties

Kirshner Elkin Properties

+1(424) 214-0133
$2,750,000
Est. payment /mo
12 Beds
4 Baths
4,313 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,313 sqft

Price per Sqft $637

MLS Listing ID 25499209

Bedrooms 12

Year Built 1895

Lot Size 0.293 Acres

Acres 0.2931

Property Sub-Type Multi-Family

Property Description

We are pleased to present 1470 W. Adams Blvd, a premier value-add and development opportunity, located in the highly desirable DPS Patrol Zone, and walking distance to the University of Southern California (USC). Situated just 0.6 miles from the USC campus, this 12-bedroom, 4,313-square-foot home sits on an oversized 12,765-square-foot lot with LAC2 zoning and Tier 3 TOC designation. This historic residence is nestled within the Adams-Normandie Historic Preservation Overlay Zone (HPOZ), offering a unique blend of classic charm and modern potential. Given the historic preservation restrictions on the existing structure, a strategic development plan would involve renovating and subdividing the current 12-bedroom home into four units while utilizing the expansive 4,500-square-foot rear yard (75' x 60') for additional construction. By leveraging by-right development rights and ADUs, the site could realistically accommodate 15-20 units.Additionally, there is strong potential to position the property as an affordable housing investment. A viable strategy would be to convert the existing structure into four units while constructing a four-story apartment building in the rear. This approach aligns with LA's desperate need for additional housing and could allow developers to take advantage of various incentives and funding opportunities for affordable housing projects.Located in the heart of a rapidly developing corridor, the property is adjacent to two newly built large-scale multifamily projects and within walking distance of a Ralphs grocery-anchored retail center. Beyond its proximity to USC, the location offers easy access to the Metro Expo Line station and Exposition Park, home to the LA Coliseum, BMO Stadium, and the upcoming George Lucas Museum of Narrative Art. Additionally, with a short 10-minute commute to Downtown Los Angeles and convenient access to the 10 Freeway, the property is ideally positioned for strong rental demand and long-term growth. All development plans should be verified with local zoning and planning authorities. Please contact the listing agent for a feasibility study on the development potential of the site, helping buyers evaluate the highest and best use for the property. Property to be delivered vacant at the close of escrow.

Location

State CA

County Los Angeles

Area Mid Los Angeles

Zoning LAC2

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Other

Garage Spaces 10.0

Building

Story 2

Level or Stories Multi/Split

Others

Special Listing Condition Standard

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TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Keller Williams Beverly Hills

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