Active

5131 W Jefferson Boulevard

Los Angeles CA, 90016

$4,675,000


$499.95 per sqft

Active

9,351 sqft

Commercial

Built in 1951

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

We are pleased to present 5131 W Jefferson Blvd, a TURN-KEY creative compound consisting of 9,351 SF on 12,133 SF of land! The building has been recently renovated, with new systems throughout, including new LED lighting, skylights, polished floors, sand-blasted wood-beamed ceilings, 3 ADA compliant restrooms, HVAC, and 3 automatic grade level doors. With 6 on-site parking spaces within 3,000 SF of yard/parking space, the property is well positioned for an owner-user seeking to create a private compound type feeling for their employees and clients. Located in the trending West Adams neighborhood, the property is nearby numerous iconic West Adams restaurants, including Highly Likely, Tartine, Alta, Mizlala, Farmhouse Kitchen, Chulita, and Cento, providing any owner-user multiple options to enjoy. There is immediate opportunity for an owner-user to utilize low-down payment SBA financing and create a demanding presence along a booming corridor that consists of restaurants, new hotels, art galleries, and production studios throughout. With the property being designated within an Opportunity Zone, there are financial benefits available both for owner-users and investors, providing additional motivating factors for a purchase. For more information, please contact the listing broker.

24430585

MLS ID

August 21, 2024

Listed

December 10, 2024

Updated

Map

5131 W Jefferson Boulevard
Los Angeles CA, 90016

Interior Features

Total Stories

1


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.28 Acres

Other Property Details

Area Name

C16 - Mid Los Angeles


Days on Market

110


Garage

No


Parking Total

6


View

No


County

Los Angeles


Pool

No


Zoning

CM-2D-CPIO

Listing History

Date

Event

Price

12/10/2024

Price change

$4,675,000

-7%

10/24/2024

Price change

$4,995,000

-3%

Listing Contact: 858-369-3010 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/10/2024. 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.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 12/10/2024 at 6:05 PM UTC

 

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