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Property

Los Angeles, CA 90016 5112 W Jefferson Boulevard

5112 W Jefferson Boulevard Los Angeles, CA - Image 15112 W Jefferson Boulevard Los Angeles, CA - Image 25112 W Jefferson Boulevard Los Angeles, CA - Image 3
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Presented By: Sam Shakerchi with Compass;
  • MLS# 24383424
  • 04/23/2024
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  • Baths • 6
  • SQFT • 31,539
  • Year Built • 1946

Home Details

In Escrow, non-contingent. Bankruptcy Court OVERBID date is NOVEMBER 19,2024 WITH OVERBID OFFERS DUE NOVEMBER 15, 2024. FIRST OVERBID SHALL BE $200K OVER THE CURRENT $5,650,000. All Tenants are month to month - TOC Tier3 - Enterprise Zone - ED1 Eligible FIVE BUILDINGS (31,539+/-SF) on TWO PARCELS/LOTS of land (33,000+/- SF) located at the corner of W. Jefferson Blvd. and S. La Brea Ave. Perfect development play or for an owner/user. All Tenants are month to month and the price per square foot is insanely low.PHASE 1 & PHASE 2 Environmental completed and no action required. Clean bill of health and ready to sell. Days on market were due to a previous Title issue that has now been cleared. The properties must be purchased together as a portfolio and are subject to the Bankruptcy Court Overbid process.THE $5,650,000 CONTRACT PRICE IS AT AN INCREDIBLY LOW PRICE OF UNDER $200 PER SQUARE FOOT AND IS SUBJECT TO OVERBID IN BANKRUPTCY COURT.
Presented By: Sam Shakerchi with Compass;

Interior Features for 5112 W Jefferson Boulevard

Bedrooms

Total Bedrooms

Bathrooms

Half Baths0
Total Baths6
1/4 Baths
3/4 Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
LivingAreaSourceOther
Total Stories1

General for 5112 W Jefferson Boulevard

Additional Parcels Y/NYes
Attached Garage No
Carport Y/NYes
CityLos Angeles
CountyLos Angeles
DirectionsBANKRUPTCY SALE - 5 Buildings on 2 Parcels located in West Adams - Jefferson APN/Parcel is on Jefferson just west of La Brea - La Brea properties are on La Brea, just south of Jefferson and a warehou
DisclosuresEasements, SellerDisclosure
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income712860.0
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsMultiSplit
Lot Size Square Feet33340.0
Lot Size UnitsSquareFeet
MLS AreaPHHT - Park Hills Heights
MobileHomeRemainsYNNo
Net Operating Income265776.0
New ConstructionNo
Number Of Units Total5
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Security FeaturesSecurityGate
Senior Community Y/NNo
Special Listing ConditionsBankruptcyProperty
Standard StatusActiveUnderContract
StatusActiveUnderContract
Subdivision NameWest Adams
Year Built1946
ZoningCM-2D-CPIO/LM

Exterior for 5112 W Jefferson Boulevard

Building Area Total31539.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.7654
Lot Size Area33340.0
Lot Size SourceOther
Number of Buildings5
Open Parking Y/NNo
Parking FeaturesControlledEntrance, Carport, Gated, OneSpace
Private PoolNo
SpaNo
Total Parking14.0
WaterfrontY/NNo

Additional Details

Price History

Alexandra Eston

Sales Associate
Price $5,650,000
MLS#24383424
List Date 04/23/2024
Property Type Multi-Family
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