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$ 1,395,000
Est. payment | /mo
3,586 SqFt
$ 1,395,000
Est. payment | /mo
3,586 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 3,586 sqft
Price per Sqft $389
MLS Listing ID CL25494677
HOA Y/N No
Year Built 1912
Lot Size 5,001 Sqft
Acres 0.11
Property Sub-Type Other
Property Description
MAJOR PRICE REDUCTION! We are pleased to present 2705 W Jefferson Blvd, a rare FULLY VACANT 7-unit mixed-use property located in the Jefferson Park neighborhood of Los Angeles with a pro forma 8.72% cap rate.Built in 1912/1950, this opportunity is comprised of two separate structures totaling 3,586 rentable square feet that is situated on a 5,001 square foot LAC2 zoned lot with alley access. The unit mix consists of (2)front commercial units (1st floor), (3)one-bedroom units (2nd floor), a nonconforming studio unit (first floor), plus a three-bedroom single family freestanding home located in the rear of the property. Being delivered 100% vacant presents the next investor a unique opportunity to immediately reposition the property into a 8.72% pro forma and ultimately provides flexibility for determining unit rehab finishes and new tenant selection to stabilize the property at market rents along with an additional value add component with legalizing the studio unit. 2705 W Jefferson Blvd is situated in a transit-oriented location near numerous bus stops that is realizing tremendous growth and transition due to its proximity to West Adams, Koreatown, USC and Downtown Los Angeles. Local favorite community establishments consist of Harold & Belle's, CAFE5, Highly Likely, and much mo
Location
State CA
County Los Angeles
Zoning LAC2
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Building
New Construction No
Others
Tax ID UNAVAILABLE
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Casey Lins • Kidder Mathews of California, Inc.