Homes for sale - 1885 W Jefferson BLVD, Los Angeles, CA 90018

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Realty One Group Success

patrick@rogsuccess.com +1(661) 644-4969

$ 3,995,000

Est. payment | -/mo

2 Beds

2 Baths

13,331 SqFt

Save

$ 3,995,000

Est. payment | -/mo

Save

2 Beds

2 Baths

13,331 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 13,331 sqft

Price per Sqft $299

MLS Listing ID 24382919

Bedrooms 2

HOA Y/N No

Year Built 1912

Lot Size 0.388 Acres

Property Description

We are thrilled to present a 21 Unit mixed-use compound in Jefferson Park that will be delivered 100% vacant at close of escrow. The property consists of 15 residential units, and 6 commercial units totaling 13,331 RSF. It is perfectly positioined for an investor seeking a high-cash flow property. Potential uses include Project Based Section 8, Permanent Supportive Housing, or a creative application such as "Live-Work" use. With the units being deivered all vacant, a new owner has the opportunity to lease out at Section 8 rents and generate an unheard of 9.09% cap rate! The property has had significant upgrades in the past 5 years including plumbing, electrical service, sewer, HVAC, roof, and interior renovations. There are 14 parking spaces on the 16,906 lot, and the zoning is Lac2. The location is ideal and central to University Park, USC and West Adams. It is 1/2 mile to the Expo Line/Western Station, and in close proximity to Exposition Park, California Science Center, and the Lucas Museum.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LAC2

Interior

Heating Forced Air

Fireplace No

Appliance Disposal

Exterior

Parking Features Controlled Entrance

Total Parking Spaces 14

Building

Faces South

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5053007039

Special Listing Condition Standard

Listed by Keith Moret • Lyon Stahl Investment Real Estate, Inc.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(661) 644-4969

patrick@rogsuccess.com

24251 Town Center Dr Suite 201, Valencia, California, 91355, United States

1885 W Jefferson BLVD Los Angeles, CA 90018