5112 West Jefferson Boulevard

Los Angeles, CA 90016

$5,650,000
Price
—
Beds
6
Baths
31,539 Sq. Ft.
$179 / Sq. Ft.
31,539
Sq. Ft.
$179
per Sq. Ft.

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...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.

Listing Agent

  1. Sam Shakerchi

    Sam Shakerchi

    Listing Agent

    Compass

    DRE #01868195

    sam.shakerchi@compass.com

    P: (310)-525-0872

Property Details for 5112 West Jefferson Boulevard

Zoning
CM-2D-CPIO/LM
Cross Streets
Jefferson & La Brea
Parcel Number
5047001003
Total Units
5.0
Living Area
31539
Source Living Area
Other
Area
Park Hills Heights (PHHT)
Subdivision Name
West Adams
LISTING UPDATED: 11/04/2024 10:27 PM

Property Details for 5112 West Jefferson Boulevard

StatusActive Under Contract
MLS #24-383424
Days on Market293
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1946
Lot Size0.77 AC / 33,340 SF
CountyLos Angeles County

Building Information for 5112 West Jefferson Boulevard

Stories1Residences-Year Built1946Building Size-Lot Size0.77 AC / 33,340 SF

Property Information for 5112 West Jefferson Boulevard

Community / Development
Community / Development
  • Number Of Units: 5
  • Senior Community: No
  • Builders Tract Name: West Adams
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 5
  • Type Of Units: Industrial
  • Security Features: Automatic Gate
Contract Info
Contract Info
  • Disclosures: Bankruptcy, As Is, Court Approval Required, Easements, Property Report, Other
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $265,776
  • Net Operating Income: $265,776.00
  • Gross Income: $712,860
  • Gross Rent Multiplier: $12.60
  • Actual Annual Gross Rent: $265,776.00
  • Actual Gross Annual Income: $265,776
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: Yes
  • Lot Acreage: 0.4663
  • Lot Size Square Feet: 33340
  • Lot Description: 2-4 Lots
Parking Details
Parking Details
  • Parking Garage: Carport, Controlled Entrance, Gated, Parking Space
  • Total Parking: 14
  • Parking Features: Carport, Controlled Entrance, Gated, Parking Space
Interior Features
Interior Features
  • Levels: Multi/Split
  • Cooling Type: Air Conditioning
  • Heating Type: Other
  • Equipment: Elevator
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 04-23-2024
Unit Details
Unit 1 Information
  • Unit Beds: 0
  • Unit Baths: 0
  • Unit Furnished: No
  • Unit Rent: $22,148.00
  • Unit Actual Rent: $22,148.00
  • Unit Projected Rent: $59,405.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $1,588,184.00
  • Assessed Improvement Percent: 51.37
  • Assessed Land Value: $1,503,237.00
  • Assessed Land Percent: 48.63
  • Assessed Total Value: $3,091,421.00

Property History for 5112 West Jefferson Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5112 West Jefferson Boulevard

Taxable ValueLand$1,533,301Additions$1,619,947Total$3,153,248
Tax Record2024$40,521 ($3,377 / month)
Home Facts
Total Finished SqFt21,474 SqFtAbove Grade Finished SqFt21,474 SqFtStories1Lot Size20,305 SqFtStyleLight IndustrialYear Built1946ZoningLAM1CountyLOS ANGELESAPN5047-001-003

Schools near 5112 West Jefferson Boulevard

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 5 to 8
Public - 9 to 12
Charter - K to 4
Rating
School
Distance
Cienega Elementary School
PublicK to 5

Stella Middle Charter Academy
Charter5 to 8

Susan Miller Dorsey Senior High School
Public9 to 12

Stella Elementary Charter Academy
CharterK to 4

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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Sam Shakerchi, DRE #01868195

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.