Under contract
5112 W Jefferson Blvd
Los Angeles CA, 90016
$8,995,000
$285.20 per sqft
Under contract
6 Baths
31,539 sqft
Multi-family
Built in 1946
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.
24-383424
MLSⓇ ID
April 23, 2024
Listed
August 23, 2024
Updated
Map
5112 W Jefferson Blvd
Los Angeles CA, 90016
Interior Features
Total Stories
1
Total Bathrooms
6
Appliances
Elevator
Fireplace
No
Cooling
Yes
Cooling Description
Air Conditioning
Heating
Yes
Heating Description
Other
Exterior/Building Features
Lot Size
0.77 Acres
Lot Features
2-4 Lots
Other Property Details
Area Name
Park Hills Heights
Days on Market
210
Garage
No
Parking
Carport, Controlled Entrance, Gated, Parking Space
Parking Total
14
View
No
County
Los Angeles
Pool
No
Zoning
CM-2D-CPIO/LM
Listing History
Date | Event | Price |
---|---|---|
7/25/2024 | Under contract | — |
Listed by Sam Shakerchi with Compass
Listing Contact: 310-525-0872
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Enrique Lizarazu shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 8/23/2024