3812 W Adams Boulevard
Los Angeles, CA 90018
- – beds
- – baths
- – sqft
- 15,343 sqft lot
- – on site
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.
Last checked:
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Last updated Mar 21, 2025
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MLS# 25514957 —
This property is listed in more than one place. See it here.
The Building
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New Construction:No
Location
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Directions:Take I-405 S/San Diego Fwy and I-10 E to S Crenshaw Blvd. Take exit 9 from I-10 E, Turn right onto S Crenshaw Blvd, Turn left onto W Adams Blvd, Destination will be on right.
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Latitude:34.03220300
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Longitude:-118.32658000
The Property
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Property Type:Land
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Zoning:R3-1-O
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Lot Size Area:15343.0000
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Lot Size Acres:0.3522
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Lot Size SqFt:15343.00
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View:None
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Additional Parcels:No
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5051003002
The Community
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Association:No
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Senior Community:No
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Assessments:No
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Distance To Bus Comments:0.5 miles
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Distance To Freeway Comments:1 Mile
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
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3/21/25
Mar 21, 2025
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Listed / Active | CRMLS_CA | $3,400,000 | 112.5% |
4/8/24
Apr 8, 2024
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CRMLS_CA | $1,600,000 | -1.2% | |
2/1/24
Feb 1, 2024
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CRMLS_CA | $1,620,000 |