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