2707 W Jefferson Boulevard

Los Angeles, CA 90018

$1,485,000

List Price

3

bed Beds

7

shower Baths

3,586 sqft

straighten / sqft

1912

calendar_month Built

Property Description

We are pleased to present 2707 W Jefferson Blvd, a rare FULLY VACANT 6-unit mixed-use property located in the Jefferson Park neighborhood of Los Angeles with a pro forma 7.19% 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) two front commercial units (1st floor), (1) one-bedroom unit (2nd floor), (1) two-bedroom unit (2nd floor), a nonconforming studio (2nd 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 7.19% 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. 2707 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 Information

List Price $1,485,000
Status Active
MLS 24458823
Type Residential Income
Year Built 1912
Lot Size 5,001
Structure Size 3,586
DOM 4
Courtesy Of Kidder Mathews of California, Inc.
Listing Agent Casey Lins DRE#01902650
Co-Listing Agent Vincent Cook DRE#02012324

Interior Features

Total Bedroom
Bedrooms 3
Total Bathroom
Bathrooms 7
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Casey Lins, Vincent Cook, Kidder Mathews of California, Inc. 714-333-6768. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 4th, 2024 at 5:25 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.