Melissa Zee

Welcome to 1470 W Adams Blvd, presenting an exceptional investment opportunity just 0.6 miles from the USC campus. This expansive property boasts a 12-bedroom, 4,313 sqft house on a generous 12,765 sq ft lot, with LAC2 zoning and Tier 3 TOC designation, potentially allowing for up to 31 units. This property is located within the Adams-Normandie HPOZ and offers historic charm alongside promising development potential. The spacious lot size opens up exciting possibilities, including the potential to renovate the existing house into multiple units by utilizing the rear yard for additional housing. Its strategic location, close to new multifamily developments, the Ralphs retail center, Metro Expo Line, and Exposition Park attractions, underscores its immense investment potential. This property also qualifies for several advantageous programs and designations, including the Mills Act Program, Federal Rehabilitation Tax Credit, Adaptive Reuse Ordinance, and compliance with the California Historical Building Code, further enhancing its value and potential. Moreover, it's worth noting that the current owner has successfully operated a family business on this property for three generations, generating significant income and contributing to its historical legacy. Situated just 10 minutes from Downtown LA and with convenient access to the 10 Freeway, this property offers a unique investment prospect. Notably, it has been a part of the family for four generations, which adds to its historical significance and appeal in today's market. You can use the opportunity to explore this diamond in the rough by scheduling a showing today. Properties like 1470 W Adams Blvd are rare, offering numerous possibilities for lucrative investments. Additionally, 1472 W Adams Blvd features a small office in the right corner of the lot, further enhancing its potential. Don't miss out on this incredible opportunity!

ATTENTION BUYERS AND DEVELOPERS/INVESTORS! The 2-story home is located in the Mid-City area of Los Angeles. It has 2 Primary Suites upstairs and 2 bedrooms with 1 bathroom downstairs. This is the perfect entry-level opportunity for a large family or developer/investor. The open layout has a large kitchen area. Small yard in the rear with a driveway alongside the home. This home is near the Midtown Crossing shopping center off Venice Blvd with a wide range of stores, restaurants, and public transportation. It is also close to Mascot Park and the 10 Freeway.

Broker of Trimax Realty, Inc. and in the industry for 26years. Residential, Commercial, Loans... we handle it all. it's not all about commissions... it's about the relationship and building together while protecting your interests. Let's talk and see what I can bring to the table for you.

Fred Nabati

I’m a residential real estate specialist serving the South Bay, Palos Verdes, Long Beach, and surrounding communities. I focus on guiding buyers and sellers with clear strategy, strong negotiation, and a step-by-step approach that removes uncertainty from the process. Whether you’re purchasing your first home or preparing to sell, my goal is simple: help you make confident, well-informed decisions that protect your investment and maximize your results.

Melissa Zee

About Melissa Zee

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Recent property sales & transaction history

2 properties

Los Angeles

Family Home

$1,400,000 to $2,400,000

2,400 ft² to 3,700 ft²

Properties for sale by listing agent Melissa Zee

$2,899,900

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