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5112 W Jefferson Boulevard

Los Angeles (City), CA 90016
  • $5,650,000
  • STATUS: Active Under Contract
  • ON SITE: 290 Days
  • ID#: 24383424
Under Contract
UPDATED: 41 min ago
$5,650,000
  • 0
    BEDS
  • 0.77
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 31,539
    SQFT
  • $179
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1946
County:

School Ratings & Info

Listing Agent(s): Sam Shakerchi of Compass (310-230-5478)


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 California Regional Multiple Listing Service, Inc. as of 2025-02-08T07:31:33.103. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Lori Thompson | Coldwell Banker Realty. Licensed in the State of California, USA.
www.housesforsalesocal.com/homes/149796764
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5112 W Jefferson Boulevard Los Angeles (City), CA 90016

  • Price: $5,650,000
  • Status: Active Under Contract
  • On Site: 290 Days
  • Updated: 41 min ago
  • ID#: 24383424
0
Beds
0
Baths
0
½ Baths
0.77
Acres
31,539
SQFT
$179
$/SQFT
1946
Built
Neighborhood:
West Adams
County:
Los Angeles
Area:
PHHT - 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

Carport YN Yes Parking Features Controlled EntranceCarportGatedOne Space Parking Total 14

Property Features

Additional Parcels YN Yes Association YN No Disclosures Easement(s)Seller Disclosure Gross Income 712860 Levels Multi/Split Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 265776 New Construction YN No Security Features Security Gate Senior Community YN No Special Listing Conditions Bankruptcy Property Zoning CM-2D-CPIO/LM



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-02-08T07:31:33.103. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Lori Thompson | Coldwell Banker Realty. Licensed in the State of California, USA.
 
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Lori Thompson | Coldwell Banker Realty
19440 Goldenwest Street
Huntington Beach CA, 92648
Listing Agent(s): Sam Shakerchi of Compass (310-230-5478)