5112 W Jefferson Boulevard
Los Angeles, CA, 90016
$5,650,000
Beds
0 Baths
SqFt
0.77 Acres
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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.

Property Details

Price:
$5,650,000
MLS #:
24383424
Status:
Pending
Baths:
0
Address:
5112 W Jefferson Boulevard
Type:
Residential Income
Subdivision:
West Adams
Neighborhood:
phhtparkhillsheights
City:
Los Angeles
Listed Date:
Jan 18, 2024
State:
CA
ZIP:
90016
Lot Size:
33,340 sqft / 0.77 acres (approx)
Year Built:
1946
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Carport, Controlled Entrance, Gated, Parking Space
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5112 W Jefferson Boulevard
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