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    5665 W Jefferson Boulevard

    Los Angeles, CA 90016
    • $5,500,000
    • STATUS: Active Under Contract
    • ON SITE: 55 days
    • ID#: SR21092137
    Under Contract
    UPDATED: 52 min ago
    $5,500,000
    • 0
      BEDS
    • 0.33
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 11,818
      SQFT
    • $465
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1955
    County:

    School Ratings & Info

    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.

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    Based on information from CRISNet MLS as of 2021-06-25T07:55:48.363. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2021-06-25T07:55:48.363. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.sellbuyla.com/homes/116656052
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    5665 W Jefferson Boulevard Los Angeles, CA 90016

    • Price: $5,500,000
    • Status: Active Under Contract
    • Updated: 52 min ago
    • ID#: SR21092137
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.33
    Acres
    11,818
    SQFT
    $465
    $/SQFT
    1955
    Built
    Neighborhood:
    C16 - Mid Los Angeles
    County:
    Los Angeles
    Area:
    C16 - Mid Los Angeles
    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.
    Exterior Features

    Carport Spaces 21.00 Construction Materials Concrete Lot Features 16-20 Units/AcreLot 10000-19999 SqftRectangular LotLevelNear Public TransitWalkstreet Lot Size Area 14403.0000 Parking Total 21.00

    Interior Features

    Common Walls 2+ Common Walls Laundry Features Common AreaCommunity Laundry YN Yes Window Features Double Pane Windows

    Property Features

    Additional Parcels YN No Community Features SidewalksStreet LightsUrban Electric Expense 0.00 Fuel Expense 0.00 Gross Income 325000.00 Gross Scheduled Income 323000.00 Insurance Expense 3000.00 Land Lease YN No Laundry Income 2400.00 Net Operating Income 288000.00 New Construction YN No New Taxes Expense 68750.00 Number Of Separate Electric Meters 17 Number Of Separate Gas Meters 17 Number Of Separate Water Meters 17 Number Of Units Leased 17 Operating Expense 35000.00 Pool Features None Pool Private YN No Professional Management Expense 15000.00 Property Attached YN Yes Rent Control YN Yes Security Features Carbon Monoxide Detector(S)Fire And Smoke Detection SystemResident Manager Senior Community YN No Sewer Public Sewer Special Listing Conditions StandardTrust Tax Annual Amount 4606.00 Tax Year 2020 Tenant Pays All Utilities Total Expenses 55630.58 Trash Expense 0.00 Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 30000.00 Water Source Public Zoning Lar3

    Listing provided courtesy of Sona Gallatin, CA DRE# , of Exp Realty Of California Inc.


    Based on information from CRISNet MLS as of 2021-06-25T07:55:48.363. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2021-06-25T07:55:48.363. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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