Single Family Home $ 1,195,000

2216 W Jefferson BLVD

Los Angeles, CA 90018

  • 7 Beds
  • 7 Baths
  • 5,264 SqFt
  • 5,218 Lot Size
  • 1908 Year Built
***Prime Jefferson Blvd Opportunity!*** Classic 2-story mixed-use building comprised of 7 Units. Retail beneath and 4 residential units on 2nd story. Lovingly cared-for by current owners, with stable, long-term tenants. 3 storefront retail units + 4 residential apartments on an LAC2 lot. This property needs some vision and a new owner can maximize their return by improving the building in the future. For now it is sold as-it-looks and sold as-it-is (as-is). Tremendous future potential in an upcoming area, on a prominent commercial corridor, in the heart of the city. Jefferson Blvd is a major thoroughfare that links USC/Downtown (east) to Culver City (west). Along Jefferson Blvd, there are many popular businesses already, including SOUTH LA CAFE, Harold and Belle's and Highly Likely. Great prominent visibility for businesses that want storefront visibility. Great Playground Park and early education center across the street. Property maximum potential will require some construction investment, so please make your offer assuming an as-is purchase (seller will not offer repair concessions during escrow). Convenient access to exposition rail line nearby. Located in HPOZ Jefferson Park neighborhood, which is a very close knit community featuring some of the most classic examples of historic Craftsman homes in the city. With popular neighborhoods in all directions, this property is a perfect investment if you are looking for a mixed-use property to revamp and maximize. Priced with strong ACTUAL cap rates, even with existing under-market lease prices. Pro-forma future potential is even better.
Listed by Jerry Hsieh of Keller Williams Realty Los Feliz

PROPERTY DETAIL

  • Key Details

    Property Type Single Family Home

    Listing Status Active

    Purchase Type For Sale

    Square Footage 5, 264 sqft

    Price per Sqft $227

    Subdivision Jefferson Park

    MLS Listing ID 26829003

    Bedrooms 7

    HOA Y/N No

    Year Built 1908

    Lot Size 5,218 Sqft

  • Location

    State CA

    County Los Angeles

    Area Jfpk - Jefferson Park

    Zoning LAC2

  • Building

    Faces North

    Entry Level Two,Multi/Split

    Architectural Style Colonial

    Level or Stories Two, Multi/Split

    New Construction No

  • Interior

    Fireplace No

  • Exterior

    Parking Features One Space

    View Y/N No

    View None

    Total Parking Spaces 6

  • Others

    Senior Community No

    Tax ID 5042002003

    Special Listing Condition Standard

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CONTACT

Jerry And Rachel Team Hsieh
Jerry And Rachel Team Hsieh

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