Address
5665 W Jefferson Boulevard Los Angeles, CA
Price
$ 5,500,000
Property Attributes
  • MLS#SR21056844
  • TypeContingent
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaMid Los Angeles
  • Zip90016
  • StyleMulti Family
  • Price$ 5,500,000
  • Bedrooms19
  • Full Bathrooms17
  • Half Bathrooms0
  • Lot Size0.33 Acres
Listing Provided Courtesy Of:
Sona Gallatin - BRE#01488764 with eXp Realty of California Inc
Data Source:
Crisnet
Property Description

HUGE PRICE ADJUSTMENT! Same owner since 1963 has taken care of this gem residential income property which is truly located in the center of all Los Angeles highlights! Just minutes away from Santa Monica, Beverly Hills, LAX, Downtown, all sports venues, film studios in Culver City. Located on the border of Culver City and Adams West, walking distance to studios, metro, shopping. Target, Trader Joe's, Sees Candies Warehouse, Starbucks is a short walk away and around the corner from the newly developed luxury ARQ Apartments. The building has had many upgrades including granite kitchen counters, new flooring, and a new roof (10 years) There is an upside in rents as most all tenants have been there for a while and some have rent subsidized by section 8. Maximize your NOI by possible development opportunities in this desirable location. Just a couple blocks south is considered Baldwin Hills and a few steps away to the west is considered Culver City.

Price History
3/18/2021 Listed $6,595,000
4/23/2021 17% - $5,500,000

General Features

Co-Listing Agent State License # 01232921
Construction Materials Concrete
Listing Agent Sona Gallatin - BRE#01488764
Listing Agent State License 01488764
MLS Area C16 - Mid Los Angeles
Property Sub Type Additional Multi Family
Property SubType Multi Family
Property Type Commercial Sale
Security Features Carbon Monoxide Detector(s), Fire Detection System, Resident Manager, Smoke Detector(s)
Special Listing Conditions Standard, Trust
Status Active Under Contract
Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Total Units 17
Utilities Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water Sewer Expense 30000
Zoning LAR3

Interior Features

Laundry Features Common Area

Exterior Features

Lot Features 16-20 Units/Acre, Level, Near Public Transit, Rectangular Lot, Walkstreet
Lot Size Acres 0.33
Lot Size Area 14403
Lot Size Source Assessor
Lot Size Square Feet 14403
Lot Size Units Square Feet
Total Parking 21
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 90016

Price
AVG $1.69M
$5.5M
Visits
AVG 49
20
Year Built
AVG 1948
1955
Walkscore
AVG 75
76
Data Provided by Walkscore ® not using MLS data

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