1885-1899 W Jefferson Blvd - Apartments FOR SALE


Los Angeles, CA 90018- Leimert Park
$3,395,000 USD
213-225-7223
1885-1899 W Jefferson Blvd, Los Angeles, CA for Sale
$3,395,000 USD
Apartments - FOR SALE
1/21
null | Request Cap Rate

1885-1899 W Jefferson Blvd
Los Angeles, CA 90018
Leimert Park


OVERVIEW

We are pleased to present a mixed-use compound that will be delivered 100% vacant at the close of escrow! With 13,331 SF of building, the property is well positioned for an investor seeking a high-cash-flowing property or a non-profit seeking a 100% vacant property for various government programs. Throughout the past 5 years, the property has gone through recent significant upgrades, which include upgraded plumbing, electrical, interior renovations, and fire sprinklers. With the property being delivered 100% vacant, a new owner has the ability to lease out the units via Section 8, or occupy the building! Located on the corner of Jefferson Blvd and St. Andrews Place within Jefferson Park and just a 5-minute drive from both USC and West Adams, the building caters to a wide range of tenants. The property has approximately 15 parking spaces, giving a new owner the ability to provide much desired parking to the tenant. Contact the listing team for additional information.

FOR SALE DETAILS

PRICE

$3,395,000 USD

PRICE/SF

$255 USD /SF

# OF UNITS

21

PRICE/UNIT

$161,667

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1912

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,906 SF

ZONING

LAC2

APN/PARCEL ID

5053-007-039

ASK ABOUT THIS PROPERTY

Casey LinsKidder MathewsMore Info
213-225-7223

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Casey LinsKidder MathewsMore Info
213-225-7223

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.