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$5,500,000
5665 W Jefferson Blvd, Los Angeles, CA 90016
0 Beds
0 Baths
n/a sqft

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HUGE PRICE ADJUSTMENT! Same owner since 1963 has taken care of this gem residential income property which is truly located in the center of all Los Angeles highlights! Just minutes away from Santa Monica, Beverly Hills, LAX, Downtown, all sports venues, film studios in Culver City. Located on the border of Culver City and Adams West, walking distance to studios, metro, shopping. Target, Trader Joe's, Sees Candies Warehouse, Starbucks is a short walk away and around the corner from the newly developed luxury ARQ Apartments. The building has had many upgrades including granite kitchen counters, new flooring, and a new roof (10 years) There is an upside in rents as most all tenants have been there for a while and some have rent subsidized by section 8. Maximize your NOI by possible development opportunities in this desirable location. Just a couple blocks south is considered Baldwin Hills and a few steps away to the west is considered Culver City.
  • Price:
  • $5,500,000
  • Acreage:
  • 0.33
  • Year Built:
  • 1955
  • Listing ID #:
  • SR21056844
  • Street Address:
  • 5665 W Jefferson Blvd
  • City:
  • Los Angeles
  • State:
  • California
  • Postal Code:
  • 90016
  • County:
  • Los Angeles
  • Community:
  • Mid Los Angeles
  • Listing Status:
  • Active Under Contract
  • Listing Type:
  • Commercial Sale
  • Building Security:
  • Carbon Monoxide Detector(s), Fire Detection System, Resident Manager, Smoke Detector(s)
  • Construction Description:
  • Concrete
  • Number Of Units:
  • 17
  • Year Built:
  • 1955
  • Annual Water/Sewer Expenses:
  • 30000
  • Approximate Lot Size Range Source:
  • Assessor
  • Conforms To Zoning:
  • Lar3
  • Lot Features:
  • 16-20 Units/Acre, Level, Near Public Transit, Rectangular Lot, Walkstreet
  • Lot Size:
  • 14403
  • Lot Square Footage:
  • 14403
  • Contingency Type:
  • Seller 1031 Exchange
  • Days On Market:
  • 215
  • On Market Date:
  • 2021-03-18
  • Originating Mls:
  • Crmls
  • Previous Listing Price:
  • 6595000
  • Terms:
  • Cash, Cash To New Loan, Conventional, 1031 Exchange
  • Street Direction Prefix:
  • W
  • Street Type:
  • Boulevard
  • Laundry:
  • Common Area
  • Parking Spaces:
  • 21
  • Existing Water:
  • Public
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Sona Gallatin of Exp Realty Of California Inc
  • CACRMLS

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