5112 W Jefferson Blvd, Los Angeles, CA 90016

See all 21 photos

$5,650,000

Est. payment - /mo

Save

6 BA

31,539 SqFt

Active Under Contract

5112 W Jefferson Blvd Los Angeles, CA 90016

Save

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Sun

Dec

Mon

Dec

Tue

Dec

Norma Mardelli

norma@mardellirealestate.com +1(818) 400-3794

UPDATED:

12/19/2024 06:35 AM

Key Details

Property Type Multi-Family

Sub 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 24-383424

Year Built 1946

Lot Size 0.765 Acres

Acres 0.4663

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 Park Hills Heights

Zoning CM-2D-CPIO/LM

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Air Conditioning

Equipment Elevator

Exterior

Parking Features Carport, Controlled Entrance, Gated, Parking Space

Garage Spaces 14.0

Building

Lot Description 2-4 Lots

Story 1

Level or Stories Multi/Split

Others

Special Listing Condition Bankruptcy Property

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Compass