About 5112 W Jefferson Boulevard
In Escrow, non-contingent. Bankruptcy Court OVERBID date is NOVEMBER 19,2024 WITH OVERBID OFFERS DUE NOVEMBER 15, 2024. FIRST OVERBID SHALL BE $200K OVER THE CURRENT $5,650,000. All Tenants are month to month - TOC Tier3 - Enterprise Zone - ED1 Eligible FIVE BUILDINGS (31,539+/-SF) on TWO PARCELS/LOTS of land (33,000+/- SF) located at the corner of W. Jefferson Blvd. and S. La Brea Ave. Perfect development play or for an owner/user. All Tenants are month to month and the price per square foot is insanely low.PHASE 1 & PHASE 2 Environmental completed and no action required. Clean bill of health and ready to sell. Days on market were due to a previous Title issue that has now been cleared. The properties must be purchased together as a portfolio and are subject to the Bankruptcy Court Overbid process.THE $5,650,000 CONTRACT PRICE IS AT AN INCREDIBLY LOW PRICE OF UNDER $200 PER SQUARE FOOT AND IS SUBJECT TO OVERBID IN BANKRUPTCY COURT.
Features of 5112 W Jefferson Boulevard
| MLS® # | 24383424 |
|---|---|
| Price | $5,650,000 |
| Bathrooms | 0.00 |
| Square Footage | 31,539 |
| Lot Size | 33,340 |
| Year Built | 1946 |
| Type | Residential Income |
| Status | Pending |
| # Of Units | 5 |
Community Information
| Address | 5112 W Jefferson Boulevard |
|---|---|
| Area | PHHT - Park Hills Heights |
| Subdivision | West Adams |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90016 |
Amenities
| Parking Spaces | 14 |
|---|---|
| Parking | Controlled Entrance, Carport, Gated, One Space |
| Garages | Controlled Entrance, Carport, Gated, One Space |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
| # of Stories | 1 |
| Stories | Multi/Split |
Additional Information
| Date Listed | January 18th, 2024 |
|---|---|
| Days on Market | 189 |
| Zoning | CM-2D-CPIO/LM |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Sam Shakerchi |
|---|---|
| Office | Compass |