Estimated payment $22,357/month
About This Lot
3812 W. Adams consists of an entitled 106-unit (85 + 21 ADUs) ED1 project of income-restricted housing on a 15,359 (.353 ac) lot. The seller will deliver the project RTI (ready to issue) permits upon the close of escrow. Zoned LAR3-1-O, the project was granted six incentives/waivers including no maximum density, increased height, and decreased setbacks/open space as a result of the project's ED1 status. The project contemplates no subterranean parking, is 6 stories in height and offers a unit mix of 100% 1-bedrooms. Seventeen at-grade parking spaces will be available to tenants along with 72 bicycle spaces and a roof deck lounge. West Adams, driven by its vibrant cultural landscape and strategic positioning between Downtown LA and Culver City's tech hub, is experiencing a rapid influx of multifamily development. This blend of irreplaceable historic architecture and brand-new residential projects makes West Adams a high-growth market, promising strong rental income and significant long-term appreciation. Please visit the Property Website to execute the Confidentiality Agreement and access the Virtual Deal Room with plans, approvals, reports, etc. related to the project.
Property Details
Property Type
- Land
Lot Details
- 0.35 Acre Lot
- Lot Dimensions are 75 x 204
- Lawn
- Front Yard
- Property is zoned LAR3
Utilities
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 5051-003-002
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $19,922 | $1,632,000 | $1,305,600 | $326,400 |
| 2024 | $19,922 | $1,538,751 | $742,845 | $795,906 |
| 2023 | $19,559 | $1,508,580 | $728,280 | $780,300 |
| 2022 | $2,863 | $120,308 | $65,352 | $54,956 |
| 2021 | $2,804 | $117,950 | $64,071 | $53,879 |
| 2020 | $2,824 | $116,742 | $63,415 | $53,327 |
| 2019 | $2,768 | $114,454 | $62,172 | $52,282 |
| 2018 | $2,567 | $112,210 | $60,953 | $51,257 |
| 2016 | $2,385 | $107,854 | $58,587 | $49,267 |
| 2015 | $2,366 | $106,234 | $57,707 | $48,527 |
| 2014 | $2,434 | $104,154 | $56,577 | $47,577 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/03/2025 12/03/25 | For Sale | $3,900,000 | +143.8% | -- | |
| 04/08/2024 04/08/24 | Sold | $1,600,000 | -1.2% | $301 / Sq Ft | View Prior Sale |
| 01/31/2024 01/31/24 | Pending | -- | -- | -- | |
| 01/22/2024 01/22/24 | Price Changed | $1,620,000 | 0.0% | $304 / Sq Ft | |
| 01/22/2024 01/22/24 | For Sale | $1,620,000 | +1.3% | $304 / Sq Ft | |
| 01/21/2024 01/21/24 | Off Market | $1,600,000 | -- | -- | |
| 11/08/2023 11/08/23 | For Sale | $1,700,000 | -- | $319 / Sq Ft |
Source: The MLS
MLS Number: 25625409
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© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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