1885 West Jefferson Boulevard
$3,995,000
2
2
13,331
13,331
$300
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...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.
- Listed by Keith Moret • DRE #01802527 • Brokerage DRE #01399621 • Lyon Stahl Investment Real Estate, Inc.
- Listed by Casey Lins • DRE #01902650 • Brokerage DRE #01001040 • Kidder Mathews of California, Inc.
Property Details for 1885 West Jefferson Boulevard
Zoning
LAC2
Cross StreetsSt Andrews & Jefferson Blvd
Parcel Number5053007039
Total Units21.0
Living Area13331
Source Living AreaVendor Enhanced
AreaMid Los Angeles (C16)
Vacancy Rate5%
LISTING UPDATED: 10/17/2024 02:25 PM
Property Details for 1885 West Jefferson Boulevard
Status | Active |
---|---|
MLS # | 24-382919 |
Days on Market | 212 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1912 |
Lot Size | 0.39 AC / 16,906 SF |
County | Los Angeles County |
Building Information for 1885 West Jefferson Boulevard
Stories2Residences-Year Built1912Building Size-Lot Size0.39 AC / 16,906 SF
Property Information for 1885 West Jefferson Boulevard
Property History for 1885 West Jefferson Boulevard
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1885 West Jefferson Boulevard
Taxable ValueLand$1,881,069Additions$798,361Total$2,679,430
Tax Record2024$34,162 ($2,847 / month)
Home Facts
Total Finished SqFt13,331 SqFtAbove Grade Finished SqFt13,331 SqFtStories1Lot Size16,901 SqFtStyleOffice BuildingYear Built1912ZoningLAC2CountyLOS ANGELESAPN5053-007-039
Schools near 1885 West Jefferson Boulevard
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 12 | |||
Public - | 9 to 12 | |||
Public - | 1 to 5 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Foshay Learning Center PublicK to 12 | ||
Susan Miller Dorsey Senior High School Public9 to 12 | ||
Mid-City's Prescott School Of Enriched Sciences Public1 to 5 | ||
Math And Science College Preparatory Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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