Los Angele, CA 90016,5665 W Jefferson Blvd
Los Angele, CA 90016,5665 W Jefferson Blvd
Los Angele, CA 90016,5665 W Jefferson Blvd
38
$3,300,000
$5,500,000
40.0%
Est.Price: ?

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3 BD
3 BA
11,818 SqFt

5665 W Jefferson Blvd Los Angele, CA 90016

Est. payment /mo
SOLD DATE : 06/11/2024

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Key Details

Sold Price $3,300,000

Property Type Multi-Family

Sub Type Five or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 11,818 sqft

Price per Sqft $279

MLS Listing ID CC41046625

Sold Date 06/11/24

Bedrooms 3

Originating Board Contra Costa Association of Realtors

Year Built 1955

Lot Size 0.331 Acres

Property Sub-Type Five or More Units

Property Description

INVESTORS DREAM! 5665 W. Jefferson is a 17-unit apt. building in a perfect location. This neighborhood has undergone a major economic boom and the investor outlook is bright, influenced by the ongoing $1 billion redevelopment of 11-acre Cumulus District across street and quick access to Culver City! Streaming Content companies (like Apple/Sony/Netflix/ Hulu/ Yahoo/ Google/and more) are scooping up adjacent neighborhoods for new content creation corporate sites. It's considered the new Silicon Valley South! Local housing demands have great returns for investors providing exceptional housing. This double-lot provides space for a complete rebuild to capture prime rental rates (Cumulus District - across the street averaging $6,500/mo. for 2BD/2BA) Apple building is across the street (building sold in 2022 for $105M). Fantastic location right across the street from the Metro Station, bike path and Corporate shuttle stop for a quick commute. Your commute could be grabbing Starbucks next door and jumping on the Metro for a quick trip to your office! Current Unit mix: (2) studios (11) one bedroom and (4) two bedrooms, all one bath. This building features a central garden courtyard w/ rear alley access! Many of the units have upgrades and/or back door access. www.5665Jefferson.com

Location

State CA

County Los Angeles

Area Other Area

Zoning LAR3

Interior

Heating Wall Furnace

Flooring Laminate, Tile, Carpet - Wall to Wall

Laundry In Laundry Room, Laundry Facility - Coin-Op, Washer, Washer/Dryer - Leased, Community Facility, Dryer

Exterior

Exterior Feature Concrete, Stucco

Parking Features Assigned Spaces, Parking Area

Garage Spaces 21.0

View Hills, Downtown

Roof Type 30

Building

Lot Description Grade - Level, Other

Sewer Sewer - Public

Others

Tax ID 504-801-6024

Special Listing Condition Not Applicable

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MLS Listing IDX PLUS
Listed by Susan Bieber • Premier Realty Associates
Bought with OUT OF AREA OUT • OUT OF AREA - NON MEMBER

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agent

Madhu Sarkar

Agent | License ID: 01702931

+1(650) 504-7768

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