Under contract
Active Under Contract
5112 W Jefferson Boulevard
Los Angeles CA, 90016
$5,650,000
$179.14 per sqft
Under contract
Active Under Contract
6 Baths
31,539 sqft
Residential
Built in 1946
Listed by Sam Shakerchi with Compass 310-525-0872
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.
24383424
MLSⓇ ID
January 18, 2024
Listed
November 22, 2024
Updated
Map
5112 W Jefferson Boulevard
Los Angeles CA, 90016
Interior Features
Total Stories
1
Total Bathrooms
6
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.77 Acres
Other Property Details
Area Name
PHHT - Park Hills Heights
Days on Market
291
Garage
No
Parking
Controlled Entrance, Carport, Gated, One Space
Parking Total
14
View
No
County
Los Angeles
Pool
No
Zoning
CM-2D-CPIO/LM
Listing History
Date | Event | Price |
|---|---|---|
9/20/2024 | Price change | $5,650,000 -38% |
9/20/2024 | Under contract | — |
9/11/2024 | Pending | — |
7/25/2024 | Under contract | — |
Listing Contact: 310-230-5478
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/22/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 11/22/2024 at 6:40 PM UTC