5112 W Jefferson Blvd, Los Angeles, CA 90016
- $5,650,000
- 6
- BA
- 31,539
- SqFt
- List Price
- $5,650,000
- Price Change
- ▼ $3,345,000 1726877316
- MLS#
- 24-383424
- Year Built
- 1946
- Bathrooms
- 6
- Living Sq. Ft
- 31,539
- Lot Size
- 33,340
- Days on Market
- 189
- Property Type
- Multifamily
- Stories
- 1
Property Description
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.
Additional Information
- Lot Description
- 2-4 Lots
- Other Buildings
- Other
- Heat
- Other
- Cooling
- Air Conditioning
- Number of Cars in Garage
- Carport, Controlled Entrance, Gated, Parking Space
Mortgage Calculator
Courtesy of Compass, Sam Shakerchi - CA DRE#01868195
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