Homes for sale - 5112 W Jefferson BLVD, Los Angeles, CA 90016

Los Angeles, CA 90016,5112 W Jefferson BLVD

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Robert Mitchell

robert@robertmitchellgroup.com +1(559) 250-3442

$ 5,650,000

Est. payment | -/mo

6 Baths

31,539 SqFt

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$ 5,650,000

Est. payment | -/mo

Save

6 Baths

31,539 SqFt

Key Details

Property Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 31,539 sqft

Price per Sqft $179

Subdivision West Adams

MLS Listing ID 24383424

HOA Y/N No

Year Built 1946

Lot Size 0.765 Acres

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.

Location

State CA

County Los Angeles

Area Phht - Park Hills Heights

Zoning CM-2D-CPIO/LM

Interior

Fireplace No

Exterior

Garage Controlled Entrance, Carport, Gated, One Space

Total Parking Spaces 14

Building

Story 1

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5047001003

Security Features Security Gate

Special Listing Condition Bankruptcy Property

Listed by Sam Shakerchi • Compass

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

+1(559) 250-3442

robert@robertmitchellgroup.com

5112 W Jefferson BLVD Los Angeles, CA 90016

Robert Mitchell

Key Details

Location

Interior

Exterior

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5112 W Jefferson BLVD