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5112 W Jefferson Boulevard, Los Angeles, CA 90016 (MLS # 24383424)

Price $8,995,000
Status Active
Beds 0
Baths 6 Baths
Home size 31,539 sqft
Lot Size 33,341 sqft
Days on Market 108
5-Building Portfolio Bankruptcy Sale - Prime owner-user, investment, or development opportunity in one of the most sought after and fastest growing neighborhoods in Los Angeles. 5 buildings on 2 lots totaling 33,000+/- SF of prime West Adams real estate. 5112-5118 W Jefferson and 3416 S. Orange Dr. are Three (3) warehouse buildings totaling approximately 22,375 +/- SF. All three buildings are currently occupied by month-to-month tenants and the second story of the rear building is vacant. Again - all tenants are month-to-month. 3409-3421 S La Brea is a 10,965+/- SF property comprised of 6,000+/- SF of retail space on La Brea Ave with a separate warehouse building at the rear of the building (3416 1/2 S Orange Dr.) that is 4,965+/- SF. There are currently two tenants occupying 65% of the retail space. Both/ALL tenants are month-to-month as well and the rear warehouse space (3416 1/2 S. Orange Dr) is vacant.PHASE I and PHASE II Reports are complete and CLEAN - NO ACTION REQUIRED. The properties/portfolio must be purchased together and are subject to Bankruptcy Court Overbid process. THIS RARE OPPORTUNITY IS LISTED AN INCREDIBLY LOW PRICE OF $285.00 PER SQUARE FOOT*** All Tenants are Month-to-Month -Tier 3 TOC - Opportunity Zone - Steps to the Metro Expo Line that connects Downtown Los Angeles to Santa Monica. *** Income details are both actual and projected. Income will vary depending on the new owner's usage.
Property Type(s): Residential Income
Last Updated 4/23/2024 Tract West Adams
Year Built 1946 Community Park Hills Heights
County Los Angeles

Additional Details

AREA Park Hills Heights
BUYER'S BROKERAGE COMPENSATION 1.500 %
GARAGE Carport, Controlled Entrance, Gated, One Space
LOT 0.77 acre(s)
PARKING Controlled Entrance,Carport,Gated,One Space
STORIES 1
SUBDIVISION West Adams
ZONING CM-2D-CPIO/LM

Location

 

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Listed with Compass

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 5/4/24 2:06 PM PDT and /or other sources. 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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