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$1,170,000
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Property Description
Welcome to 453 E Adams, a beautifully preserved 1907 home with exquisite woodwork. 453 E Adams is a historical monument that used to be used as a popular tea parlor for many years. This elegant craftsman mission revival was home to Effie's Tea Parlor which served a variety of teas, dainty sandwiches, little sweets, and many memories! This was a house with connections; the first black city councilman would stop by often, politicians, big bands, mayors and more used to frequent this home.
453 E Adams is on the market publicly for the first time ever. This home was built in 1904 by architect Thornton Fitzhugh, Thornton built the home for his sisters. This home cost $1800 to build back in the day, when the average wage was $.35 cents an hour.
The story begins in 1936, when Dr. Etta Gray bought the home from one of the architects sisters! The back rooms were converted into a clinic for poor patients. Gray never lived in the home, everyone thought the caretakers owned the home. In the 40's & 50's they used to have weekend parties. The caretakers purchased the house in 1970 for $17,500 from Dr. Grays estate when she died shy of her 90th birthday. The home has now been in the family for over 53 years, however the family has now decided to bring the beautiful legacy at 453 E Adams to completion!
This home has so many possibilities! The lot is zoned R4-1 on a 11,912 lot, TIER TOC 3. The garage was converted to a studio/ recreation type room with bathroom. Utilize as transitional housing, rent to USC students & more!
Conveniently located within close proximity to a variety of dining and local businesses and less than 2 miles from USC, LA's Fashion District, the LA Convention Center, the Cypto.com Arena, LA Live, and Exposition Park where you'll find the Los Angeles Memorial Coliseum, Natural History Museum and BMO Stadium and the forthcoming George Lucas Museum of Narrative Art. A few blocks from a bus stop, a short distance to the 10, 110 and 101 freeways, and minutes to exciting shopping, restaurants, and nightlife in Downtown LA, this is a wonderful location for your next investment opportunity!
Full Property Details
Full Property Details for 453 E Adams Blvd
General
- Sold For: $1,170,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW23166056
- Added to Site: 427 day(s) ago
Interior
- Rooms/Areas: Basement, Bonus Room, Formal Entry, Foyer, Living Room
- Fireplace(s): See Remarks
- Flooring: Wood
Rooms
Other Rooms
- Laundry: See Remarks
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 5
- Parking Features: Driveway, Gated
- Parking: Driveway, Gated
Location
- Area: C42 - Downtown L.A.
- County: Los Angeles
- Development Name: C42 - Downtown L.A.
- Driving Directions: From the 10 W exit 15A Central Ave & turn left, turn right on E Adams Blvd
Heating & Cooling
- Cooling Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 1
- # Electric Meters: 1
Structural Information
- Architectural Style: Craftsman
- Entry Location: Front door, side door & 2 back doors.
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 2,489
- Year Built: 1901
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 4
- Bedrooms: 5
Lot Features
- Property View: None
- Lot Size (Acres): 0.2734
- Lot Size Source: Assessor
- Zoning: LAR4
- Lot Description: Garden, Lawn, Lot 10000-19999 Sqft
Financial Considerations
- Price Per Sq. Ft.: $470.07
- Price Per Unit: 1170000
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Schools
Schools serving 453 E Adams Blvd
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
2807 Stanford Ave, Los Angeles, CA 90011 | K-5 | 0.3 mi | |
151 W 30th St, Los Angeles, CA 90007 | 6-8 | 0.5 mi | |
1319 E 41st St, Los Angeles, CA 90011 | 9-12 | 1.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 453 E Adams Blvd
Date
Details
Price
Change
Source
1/08/2024
Sold
$1,170,000
—
MLS
9/06/2023
Listed
$1,170,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
453 E Adams Boulevard, Los Angeles, CA 90011 (MLS# PW23166056) is a Multi-Family property that was sold at $1,170,000 on January 08, 2024. This property was listed by Nakia Reneau Holland from our Beverly Hills Office.Want to learn more about 453 E Adams Boulevard? Do you have questions about finding other Multi-Family real estate for sale in Downtown L.A.? You can browse all Downtown L.A. real estate or contact a Coldwell Banker agent to request more information.