5252 Adams BLVD Los Angeles, CA 90016

We are pleased to present this commercial property located in the highly sought after West Adams submarket. The property consists of two parcels and APNs. The first parcel, 5252 West Adams, is a corner lot with a building containing approximately 3,675 square feet. Next door is 5246 West Adams with a 2,900 square foot structure. The combined area for the two C2 lots is approximately 15,481 square feet. The structures were built in 1929 and 1938 per public records. Both buildings were constructed on a concrete slab with concrete foundation and wood framed - stucco walls. The property was being leased to a private school for children but will be delivered vacant at the close of escrow. Excellent opportunity to use as a school or develop. C2 zoning allows for R4 use. May be possible to build 38 units by right or up to 59 units with the TOC-Tier 1 density bonus. Please check with the City and rely on your own findings. Located in an Opportunity Zone.