For Sale

Listed by Sevak Keshishian from Marcus & Millichap

Source: Combined LA Westside Multiple Listing Service, Inc #25514957

3812 West Adams Boulevard, Los Angeles, CA, 90018

$3,400,000

15343 sq. ft.

Land

30+ days on the market

What's around 3812 West Adams Boulevard

About this property

We are pleased to present 3812 West Adams Blvd, a 100% affordable 106-unit multifamily development project sitting on a 15,325 square foot R3-1-O zoned lot, located in the Jefferson Park neighborhood of Los Angeles. The proposed development features a 6-story structure with Type III-A over Type I-A construction that spans a total floor area of 55,120 square feet. The project will be delivered with RTI (Ready to Issue) plans for 85 affordable units and 17 on-grade parking spaces. The plans for the 21 ADUs can be submitted to plan check to be approved with the only condition being the certificate of occupancy for the original project. This process can be initiated by the Seller during escrow or by the Buyer after the sale. The parking lot can also be restriped to accommodate for 25 parking spaces.The parcel currently features an existing 8-unit multifamily property that will be delivered vacant at the close of escrow, a HUGE bonus for developers looking to avoid new higher mandatory relocation fees for Ellis Act evicted tenants. The project will include a total of 43,952 rentable square feet spread across 101 one-bedroom units and 4 two-bedroom units. Of these 106 units, 85 units will be reserved for low-income tenants (80% AMI or lower), 15 units will be reserved for moderate-income tenants (120% AMI or lower), 4 units will be reserved for very low-income tenants (50% of AMI or lower), and 1 unit will be reserved for an extremely low-income tenant (30% of AMI or lower). There will be 1 unit reserved for an on-site manager. Rents will follow the parameters of HCD Schedule IV and TCAC Schedule IX. 3812 West Adams Blvd is located just east of Crenshaw Blvd. along one of the active thoroughfares in Los Angeles and boasts a walk score of 81. The property is located within a half mile of multiple bus stops and about 1 mile from the Expo/Crenshaw Metro rail stations which will provide tenants with access to from East to West LA, Downtown LA, Santa Monica, Inglewood, and LAX via the E and K lines. The property is also within a half mile of freeway access in either direction.

Looking for more information on 3812 West Adams Boulevard?

Explore comparables, sales history and growth for this property.
Learn more

Similar properties for sale nearby

For Sale
$11,500
37 West 37th Place
Los Angeles CA 90018
Land
Listing courtesy of HOMELINK REALTY INC.
For Sale
$1,090,000
2516 13th Avenue
Los Angeles CA 90018
Land
Listing courtesy of Keller Williams Beverly Hills
For Sale
$2,950,000
3720 South Western Avenue
Los Angeles CA 90018
Land
Listing courtesy of Miller & Desatnik Realty Co.

Other properties for sale by Marcus & Millichap

For Sale
$3,700,000
601 Pearl Street
Ojai CA 93023
Land
Listing courtesy of Marcus & Millichap
For Sale
$2,250,000
1131 Lodi Place
Los Angeles CA 90038
15
9
Other
Listing courtesy of Marcus & Millichap
For Sale
$5,395,000
14849 Vanowen Street
Los Angeles CA 91405
31
36
46
Other
Listing courtesy of Marcus & Millichap

Browse properties sold in nearby areas

The multiple listings information is provided by The MLS/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 The MLS/CLAW. All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Email
© 2026 RateMyAgent