2705 W Jefferson Boulevard, Los Angeles, CA 90018 - Berkshire Hathaway HomeServices California Properties

2705 W Jefferson Boulevard, Los Angeles, CA 90018

$1,395,000 Approx. USD 0 beds, 7 baths
3,586 sqft

Listing Agent


Casey Lins | Casey.Lins@kidder.com
Lic#: 01902650
Broker: Courtesy of Kidder Mathews of California, Inc.

Co Listing Agent


Vincent Cook | vincent.cook@kidder.com
Lic#: 02012324
Broker: Courtesy of Kidder Mathews of California, Inc

Agent Remarks

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 more throughout this Jefferson Blvd corridor.

Listing Details

Property type: (Multi-Family)
Status: Pending
MLS# 25494677
Price: $1,395,000
Beds: 0
Baths: 7
Built in 1912
3,586 sqft
2 stories
0.11 acres
Lot size: 0.1148
County: Los Angeles
Zoning: LAC2-HPOZ
Parking description: Gated
Heating/cooling: None
Heating description: Wall Furnace
MLS area: C16 - Mid Los Angeles

Last Updated: 4/17/2025

 Days On Market (DOM): 70

 Find more Los Angeles homes and real estate

 Find more homes in 90018 zip code

This listing belongs to the C16 - Mid Los Angeles MLS area

Lat/Long: 34.025772, -118.325127.
Find nearby listings

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

90018 Area Map

Demographics

Schools

Near by

Similar Listings