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5112 W Jefferson Blvd

Los Angeles, CA 90016
  • $5,650,000
  • STATUS: Active Under Contract
  • ON SITE: 289 Days
  • MLS #: 24-383424
Under Contract
UPDATED: 65 min ago
$5,650,000
  • 0
    BEDS
  • 0.47
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 31,539
    SQFT
  • $179
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1946
County:

School Ratings & Info

Description

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.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-02-07T09:42:43.14. 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.
www.searchdesertrealestate.com/homes/149801909
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5112 W Jefferson Blvd Los Angeles, CA 90016

  • Price: $5,650,000
  • Status: Active Under Contract
  • On Site: 289 Days
  • Updated: 65 min ago
  • MLS #: 24-383424
0
Beds
6
Baths
0
½ Baths
0.47
Acres
31,539
SQFT
$179
$/SQFT
1946
Built
Neighborhood:
West Adams
County:
Los Angeles
Area:
Park Hills Heights
Property Description
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.
Exterior Features

Cross Streets Jefferson & La Brea Levels Multi/Split Lot Description 2-4 Lots Lot Size Area 33340 Other Structures Other Parking Garage CarportControlled EntranceGatedParking Space Total Parking 14

Interior Features

Cooling Air Conditioning Equipment Elevator Heating Other

Property Features

Assessed Total Value 3091421 Disclosures BankruptcyAs IsCourt Approval RequiredEasementsProperty ReportOther Gross Income 712860 Gross Operating Income 265776 Like Units1 1 Net Operating Income 265776.00 Number Of Buildings 5 Number Of Units 5 Sale Type Bankruptcy Property Security Features Automatic Gate Source Living Area Other Source Lot Size Area Other Total Annual Expense 0 Type Of Units Industrial Year Built Source Vendor Enhanced Zoning CM-2D-CPIO/LM

Listing provided courtesy of Sam Shakerchi DRE#01868195 of Compass: 310-230-5478.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-02-07T09:42:43.14. 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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