Under contract
5112 W Jefferson Blvd
Los Angeles CA, 90016
$5,650,000
$179.14 per sqft
Under contract
6 Baths
31,539 sqft
Multi-family
Built in 1946
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.
24-383424
MLSⓇ ID
April 23, 2024
Listed
December 19, 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
335
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 |
|---|---|---|
9/20/2024 | Price change | $5,650,000 -38% |
9/20/2024 | Under contract | — |
9/11/2024 | Pending | — |
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 Nanci Isaacs | CA DRE# 01940161 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 12/19/2024
