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Closed
- Listed price
- $1,125,000
- Listed Jun 21, 2019
- Sold price
- $1,125,000
- Sold Sep 9, 2019
8,775 sqft lot00|45 MLS days on market
1587 W ADAMS, Los Angeles, CA 90007
Property Description
This favorable investment opportunity consists of two contiguous parcels and is comprised of 4,138 square feet of building on a 13,996 square foot lot for 7 TOWNHOUSE STYLE development. The subject properties are zoned C1 and is located within minutes of Downtown Los Angeles, USC, and Koreatown. Both lots must be bought together. NOT sold separately. Scheduled for completion in August 2019 is the USC Village, which will include a market, drugstore, a fitness center, a Trojan Town USC store, restaurants and outdoor dining, parking, and a community building. The $650 million project is one of the largest in the history of South Los Angeles. Daily traffic counts along the historic West Adams Boulevard are approximately 25,000 cars. The population within 5 miles is a dense 1,293,856. Buyer to verify all zoning with city of Los Angeles.
Listing agent: John C. PakDRE #01898649JP@LA4989.com, Listing office: Philco Realty
MLS data updated 11/2/2026, 10:18:08 AM PT
Source: CRMLSMLS #: 19481044
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Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,125,000
Sep 9, 2019
Available records22019
From MLS recordsActual listing and closing events
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90007 · Nov 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 90007 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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MLS records may be incomplete. Earlier asking prices are not sale prices.