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2255 W Adams Blvd Lot • Terrain commercial • 0,41 Acres • 3 309 432 $ CAD • Los Angeles, CA 90018
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FAITS SAILLANTS DE L'INVESTISSEMENT
- Currently operating as a school which can be vacated as of July 1st, 2025, making it an ideal owner-user or value-add opportunity
- While not currently outfitted with parking, alternative uses can repurpose playground spaces as front & alley accessible rear parking
- Nearby the University of Southern California, Exposition Park, Natural History Museum, LA Memorial Coliseum
- Benefits from ample front and rear yards that serve as playgrounds for school use
- Zoning allows for a variety of school, tutoring center, adult education, multifamily, senior living, place of worship & assisted living uses
- Nearby major employment Hubs of Culver City where Apple is building its new Southern California headquarters, and Downtown Los Angeles
RÉSUMÉ DE L'ANNONCE
The Brandon Michaels Group of Marcus & Millichap, as Exclusive Advisor, is Pleased to Present 2255 W Adams Boulevard, a 7,137 Square Foot School Property Situated on 0.41 Acres of Land (17,987 SF) Located East of the NE Signalized Intersection of W Adams Blvd & Arlington Blvd in the Los Angeles Submarket of West Adams, CA
2255 W Adams Boulevard is currently operating as a school which can be vacated as of July 1st, 2025, making it an ideal owner-user or value-add opportunity. The property is made up of two independent structures, one single story with a two-story structure beside it, totaling 7,137 square feet. The property benefits from ample front and rear yards
that serve as playgrounds for school use. Because of the property’s underlying R3-1-O-HPOZ zoning, a variety of school, tutoring center, adult education, multifamily, senior independent living, and assisted living uses are allowed by right as well as additional uses like church or place of worship, among others, with condition use permit (CUP).
The subject property is zoned R3-1-O-HPOZ, designated a Tier 1 in the Transit Oriented Communities (TOC) incentive program, and is situated in the South Los Angeles Alcohol Sales specific plan. By right, twentyfour (24) units can be developed on the site and up to thirty-six (36) using the 50% density bonus through the TOC. New developments are
allowed up to a 3.00 FAR (up to 4.20 FAR with the TOC) and a height of 3 stories or 45 feet (an additional 1 story and 11 feet are allowed if utilizing the TOC). Because of the site’s proximity to transit, new projects are eligible for AB 2097, eliminating any parking requirements. Ambitious developers can achieve greater bonuses using the California
State Density Bonus Law which allows density bonuses up to 100%.
The subject property benefits from outstanding visibility with approximately 100 feet of frontage along W Adams Boulevard. The property is situated centrally between Arlington Avenue and Western Avenue, a highly dense area experiencing rapid gentrification and revitalization. While the property is not currently outfitted with on-site
parking, alternative uses can repurpose the playground spaces as front and alley accessible rear parking.
2255 W Adams Boulevard is currently operating as a school which can be vacated as of July 1st, 2025, making it an ideal owner-user or value-add opportunity. The property is made up of two independent structures, one single story with a two-story structure beside it, totaling 7,137 square feet. The property benefits from ample front and rear yards
that serve as playgrounds for school use. Because of the property’s underlying R3-1-O-HPOZ zoning, a variety of school, tutoring center, adult education, multifamily, senior independent living, and assisted living uses are allowed by right as well as additional uses like church or place of worship, among others, with condition use permit (CUP).
The subject property is zoned R3-1-O-HPOZ, designated a Tier 1 in the Transit Oriented Communities (TOC) incentive program, and is situated in the South Los Angeles Alcohol Sales specific plan. By right, twentyfour (24) units can be developed on the site and up to thirty-six (36) using the 50% density bonus through the TOC. New developments are
allowed up to a 3.00 FAR (up to 4.20 FAR with the TOC) and a height of 3 stories or 45 feet (an additional 1 story and 11 feet are allowed if utilizing the TOC). Because of the site’s proximity to transit, new projects are eligible for AB 2097, eliminating any parking requirements. Ambitious developers can achieve greater bonuses using the California
State Density Bonus Law which allows density bonuses up to 100%.
The subject property benefits from outstanding visibility with approximately 100 feet of frontage along W Adams Boulevard. The property is situated centrally between Arlington Avenue and Western Avenue, a highly dense area experiencing rapid gentrification and revitalization. While the property is not currently outfitted with on-site
parking, alternative uses can repurpose the playground spaces as front and alley accessible rear parking.
FAITS SUR LA PROPRIÉTÉ
1 LOT DISPONIBLE
Lot
| Prix | 3 309 432 $ CAD | Taille du lot | 0,41 AC |
| Prix par AC | 8 071 785,21 $ CAD |
| Prix | 3 309 432 $ CAD |
| Prix par AC | 8 071 785,21 $ CAD |
| Taille du lot | 0,41 AC |
The Brandon Michaels Group of Marcus & Millichap, as Exclusive Advisor, is Pleased to Present 2255 W Adams Boulevard, a 7,137 Square Foot School Property Situated on 0.41 Acres of Land (17,987 SF)
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2255 W Adams Blvd
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