5112 Jefferson Boulevard, Los Angeles, CA 90016
Contact Silva Babaian
Schedule A Showing
Request more information
- MLS#: 24383424 ( Multi-Family )
- Street Address: 5112 Jefferson Boulevard
- Viewed: 16
- Price: $5,650,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1946
- Bldg sqft: 0
- Days On Market: 403
- Additional Information
- County: LOS ANGELES
- City: Los Angeles
- Zipcode: 90016
- Subdivision: West Adams
- Provided by: Compass
- Contact: Sam Sam
- DMCA Notice
-
DescriptionIn 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.
Property Location and Similar Properties
Features
Property Type
- Multi-Family
Views
- 16