5161 W Jefferson Blvd Los Angeles, CA 90016

Price
Not For Sale
Last Update
Mar 31st, 2024
Type
Off Market
Status
Off Market
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8 Beds
2886 sqft
Off Market

Snapshot

Property Type
Other
Lot Size
0.13 acres
Property Sqft
2,886
MLS Number
23-312021
Year Built
1949
Days On Market

Description

Welcome to this West Adams Jewel with Unlimited Development Potential! This exceptional and fully occupied one level 8-unit building that used to be a MOTEL is a golden opportunity for investors and developers seeking a strategic location, or end users looking to invest in a multi-unit. There are seven well sized singles and one 1 bed units all with their separate kitchens and bathrooms. These units are in great condition and located on a corner lot in a mixed-use zone. There is parking directly in front of the building and yard space behind. One of the standout features of this property is its close proximity to eateries, development including the new COSTCO, the light rail public transportation and more. This building is perfectly located on the corner of Sycamore and Jefferson in the Archbishop Carl Bean Square, offering potential occupants easy commute access. There is room for growth in the rent and great potential returns on investment. More photos available. DO NOT DISTURB OCCUPANTS! Drive by only Pro Forma rent available and lots of added value for the buyer. This can be turned into a world of development possibilities including Airbnb etc as it is Tier 3 and zoned CM-2D-CPIO. Additional details and info available upon request. Buyers to do their due diligence and verify all info. Other addresses to look up this property 5163 W Jefferson, 3029 S Sycamore or 3039 S Sycamore

More Details

Provider
Westchester Playa Realty Alliance, Inc.
MLS ID
CLAWCA
MLS Name
TheMLSCLAW
MLS Number
23-312021
Source
listhub
PARTICIPANT
Name
Obie Nwabuzor
Primary Phone
(310) 256-3040
Key
3YD-CLAWCA-C126333
Email
bimaxhomes@gmail.com
BROKER
Name
Westchester Playa Realty Alliance, Inc.
Phone
(310) 256-3040
OFFICE
Name
Pacific Playa Realty
Phone
(310) 256-3040
Copyright © 2023 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

History

DateEventPrice$/SqftSource
Listing Removed For Sale$1,249,000 $433Pacific Playa Realty
Listed For Sale$1,249,000 $433Pacific Playa Realty
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Nearby Schools

Elementary School

Cienega Elementary

0.5 miles awayKG - 05

Middle School

Stella Middle Charter Academy

0.5 miles away05 - 08

Junior & Senior High School

Bright Star Secondary Charter Academy

0.5 miles away07 - 12
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