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$ 4,675,000
Est. payment /mo
Price Dropped by $320K
5131 W Jefferson BLVD Los Angeles, CA 90016
0.28 Acres Lot
UPDATED:
12/10/2024 05:25 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24430585
HOA Y/N No
Year Built 1951
Lot Size 0.278 Acres
Property Description
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.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning CM-2D-CPIO
Interior
Fireplace No
Exterior
Total Parking Spaces 6
Building
Story 1
Others
Tax ID 5049021036
Special Listing Condition Standard
Listed by Casey Lins • Kidder Mathews of California, Inc.