1470 W Adams BLD Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90007
Key Details
Property Type Single Family Home
Sub Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,313 sqft
Price per Sqft $637
MLS Listing ID CRSR25141884
Bedrooms 6
Full Baths 4
Year Built 1895
Lot Size 0.293 Acres
Property Sub-Type Single Family Home
Source California Regional MLS
Property Description
A Rare Canvas for Visionaries in the Heart of Los Angeles in West Adams area! Discover the limitless potential of 1470 W. Adams Blvd-a grand historic estate and prime development site just steps from USC and the vibrant pulse of Los Angeles. This stately 12-bedroom residence, sprawling across 4,313 square feet, sits on an impressive 12,765 sq ft lot, offering both the charm of yesteryear and the promise of tomorrow. Perfectly positioned within the Adams-Normandie Historic Preservation Overlay Zone, this property is a treasure trove for investors, developers, and creative minds. With LAC2 zoning and Tier 3 TOC incentives which includes a density bonus of up to 70% above the existing zoning, a floor area ratio (FAR) increase of up to 50%, and reduced parking requirements.the possibilities are as expansive as the lot itself. Imagine transforming the existing structure into stylish multi-unit living, or envision a new multi-story development in the generous rear yard-potentially accommodating 31 units by right and up to 51 units with TOC (buyer to verify). The site's historic status also opens doors to unique tax credits and preservation programs, further enhancing long-term value. Location is everything, and this property is in close proximity to USC, enjoys effortless access to the
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LAC2
Interior
Cooling Central AC
Fireplaces Type Primary Bedroom
Laundry 38
Exterior
Pool None
View Local/Neighborhood
Building
Story Split Level
Water District - Public
Others
Tax ID 5054028017
Special Listing Condition Not Applicable