Los Angeles, CA 90016,5131 W Jefferson BLVD
Los Angeles, CA 90016,5131 W Jefferson BLVD
Los Angeles, CA 90016,5131 W Jefferson BLVD
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$4,995,000
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0.28 Acres Lot
Price Dropped by $154K

5131 W Jefferson BLVD Los Angeles, CA 90016

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UPDATED:

10/24/2024 05:28 PM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 24430585

HOA Y/N No

Year Built 1951

Lot Size 0.278 Acres

Property Description

We are pleased to present 5131 W Jefferson Blvd, a TURN-KEY creative compound consisting of 9,351 SF on 12,133 SF of land! The building has been recently renovated, with new systems throughout, including new LED lighting, skylights, polished floors, sand-blasted wood-beamed ceilings, 3 ADA compliant restrooms, HVAC, and 3 automatic grade level doors. With 6 on-site parking spaces within 3,000 SF of yard/parking space, the property is well positioned for an owner-user seeking to create a private compound type feeling for their employees and clients. Located in the trending West Adams neighborhood, the property is nearby numerous iconic West Adams restaurants, including Highly Likely, Tartine, Alta, Mizlala, Farmhouse Kitchen, Chulita, and Cento, providing any owner-user multiple options to enjoy. There is immediate opportunity for an owner-user to utilize low-down payment SBA financing and create a demanding presence along a booming corridor that consists of restaurants, new hotels, art galleries, and production studios throughout. With the property being designated within an Opportunity Zone, there are financial benefits available both for owner-users and investors, providing additional motivating factors for a purchase. For more information, please contact the listing broker.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning CM-2D-CPIO

Interior

Fireplace No

Exterior

Total Parking Spaces 6

Building

Story 1

Others

Tax ID 5049021036

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by Casey Lins • Kidder Mathews of California, Inc.

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Jennifer Stuart

Agent | RE.56321

+1(702) 265-4498

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5131 W Jefferson BLVD