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Closed
- Listed price
- $697,000
- Listed Sep 26, 2016
- Sold price
- $700,000
- Sold Dec 19, 2016
6,501 sqft lot00|84 MLS days on market
5223 W Adams Blvd, Los Angeles, CA 90016
Property Description
Fantastic investment opportunity! Vacant commercially zoned (C-2) CORNER lot on West Adams Boulevard, adjacent to Culver City in the Mid Los Angeles District. It is centrally located to all that midtown Los Angeles has to offer and is only a few short blocks to the 10 freeway and the expo line. Lot is clean and ready for your business to be built. Lot can be used for a variety of commercial/retail uses. The adjacent areas have already been "re-developed" and now command very high prices. This lot is located on a part of West Adams which has not yet been improved but is part of the Los Angeles City's "West Adams Community Plan." It is a "hidden gem" just ready and waiting for you to bring your own building vision.
Listing agent: Lauren NemeschanskyDRE #01729357realtorlauren@gmail.com, Listing office: RE/MAX of Santa Clarita
MLS data updated 11/3/2026, 7:27:20 PM PT
Source: CRMLSMLS #: SR16717461
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$700,000
Dec 19, 2016
Available records22016
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90016 · 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 90016 · 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.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.