3812 W Adams Blvd
Los Angeles, CA 90018
Terreno En venta · 0,14 ha

CBRE, Inc., as exclusive advisor to the seller, is pleased to present 3812 W. Adams Blvd. in the historic West Adams submarket of Los Angeles.
The offering consists of an entitled 106-unit (85 + 21 ADUs) ED1 project of income-restricted housing on a ±15,359 (±.353 ac) lot. The seller will deliver the project RTI (ready to issue) permits upon the close of escrow. Zoned LAR3-1-O, the project was granted six incentives/waivers including no maximum density, increased height, and decreased setbacks/open space as a result of the project’s ED1 status. The project contemplates no subterranean parking, is 6 stories in height and offers a unit mix of 100% 1-bedrooms. Seventeen at-grade parking spaces will be available to tenants along with 72 bicycle spaces and a roof deck lounge.
West Adams, driven by its vibrant cultural landscape and strategic positioning between Downtown LA and Culver City’s tech hub, is experiencing a rapid influx of multifamily development. This blend of irreplaceable historic architecture and brand-new residential projects makes West Adams a high-growth market, promising strong rental income and significant long-term appreciation.
Please visit the Property Website to execute the Confidentiality Agreement and access the Virtual Deal Room with plans, approvals, reports, etc. related to the project.