$8,995,000 Price Analysis 5112 W Jefferson BlvdLos Angeles, CA 90016 0 bed 6 bath 31,539 SqFt ($285/SqFt) 0.77 acre lot. Built 1946 Listed 2024-04-23, Taxes $37,969 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
Investment or development opportunity in one of the most sought after and fastest growing neighborhoods in Ls Angeles. 5 buildings on 2 lots totaling 33, 000+/- SF of prime West Adams real estate. 5112-5118 W Jefferson a nd 3416 S. Orange Dr. are Three (3) warehouse buildings totaling approximately 22, 375 +/- SF. All three buildings are currently occupied by month-to-month tenants and the second story of the rear building is vacant. Again - all tenants are month-to-month. 3409-3421 S La Brea is a 10, 965+/- SF property comprised of 6, 000+/- SF of retail space on La Brea Ave with a separate warehouse building at the rear of the building (3416 1/2 S Orange Dr.) that is 4, 965+/- SF.
There are currently two tenants occupying 65% of the retail space. Both/ALL tenants are month-to-month as well and the rear warehouse space (3416 1/2 S. Orange Dr) is vacant.PHASE I and PHASE II Reports are complete and CLEAN - NO ACTION REQUIRED. The properties/portfolio must be purchased together and are subject to Bankruptcy Court Overbid process. THIS RARE OPPORTUNITY IS LISTED AN INCREDIBLY LOW PRICE OF $285.00 PER SQUARE FOOT All Tenants are Month-to-Month -Tier 3 TOC - Opportunity Zone - Steps to the Metro Expo Line that connects Downtown Los Angeles to Santa Monica. Income details are both actual and projected. Income will vary depending on the new owner's usage.
Presented by Sam Shakerchi at
COMPASS.
Property MLS #24-383424 from TheMLSCLAW
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $1,557,044 + $1,473,762 $3,030,806 | $37,969 |
2021 | $1,526,514 + $1,444,865 $2,971,379 | $37,390 |
2020 | $1,510,862 + $1,430,050 $2,940,912 | $37,739 |
2019 | $1,481,238 + $1,402,010 $2,883,248 | $36,296 |
2018 | $1,452,195 + $1,374,520 $2,826,715 | $35,774 |
2017 | $1,423,721 + $1,347,569 $2,771,290 | $35,023 |
2016 | $1,395,805 + $1,321,147 $2,716,952 | $34,016 |
2015 | $1,110,716 + $1,301,303 $2,412,019 | $30,138 |
2014 | $1,088,959 + $1,275,813 $2,364,772 | $30,270 |
2013 | $1,084,038 + $1,270,047 $2,354,085 | $30,263 |
2012 | $1,062,783 + $1,245,145 $2,307,928 | $30,668 |
2010 | $1,041,945 + $1,220,731 $2,262,676 | $24,441 |
2009 | $607,243 + $1,214,487 $1,821,730 | $23,543 |
2009 | $605,803 + $1,211,608 $1,817,411 | $23,543 |
2008 | $595,337 + $1,190,674 $1,786,011 | $22,562 |
2007 | $583,664 + $1,167,328 $1,750,992 | $21,769 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.