Active

2707 W Jefferson Blvd

Los Angeles CA, 90018

$1,485,000


$414.11 per sqft

Active

3 Beds

7 Baths

3,586 sqft

Multi-family

Built in 1912

We are pleased to present 2707 W Jefferson Blvd, a rare FULLY VACANT 6-unit mixed-use property located in the Jefferson Park neighborhood of Los Angeles with a pro forma 7.19% cap rate.Built in 1912/1950, this opportunity is comprised of two separate structures totaling 3,586 rentable square feet that is situated on a 5,001 square foot LAC2 zoned lot with alley access. The unit mix consists of (2) two front commercial units (1st floor), (1) one-bedroom unit (2nd floor), (1) two-bedroom unit (2nd floor), a nonconforming studio (2nd floor), plus a three-bedroom single family freestanding home located in the rear of the property. Being delivered 100% vacant presents the next investor a unique opportunity to immediately reposition the property into a 7.19% pro forma and ultimately provides flexibility for determining unit rehab finishes and new tenant selection to stabilize the property at market rents along with an additional value add component with legalizing the studio unit. 2707 W Jefferson Blvd is situated in a transit-oriented location near numerous bus stops that is realizing tremendous growth and transition due to its proximity to West Adams, Koreatown, USC and Downtown Los Angeles. Local favorite community establishments consist of Harold & Belle's, CAFE5, Highly Likely, and much more throughout this Jefferson Blvd corridor.

24-458823

MLS ID

October 31, 2024

Listed

November 22, 2024

Updated

Map

2707 W Jefferson Blvd
Los Angeles CA, 90018

Interior Features

Total Stories

2


Bedrooms

3


Total Bathrooms

7


Appliances

None


Fireplace

No


Cooling

No


Cooling Description

None


Heating

No


Heating Description

None

Exterior/Building Features

Lot Size

0.11 Acres

Other Property Details

Area Name

Mid Los Angeles


Days on Market

8


Garage

No


Parking

None


Parking Total

0


View

No


County

Los Angeles


Pool

No


Zoning

LAC2

Listed by Casey Lins with Kidder Mathews of California, Inc.
Listing Contact: 714-333-6768 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Aspire Los Angeles shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 11/22/2024

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