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5665 W Jefferson Blvd

Los Angeles, CA 90016
  • $3,300,000
  • STATUS: Closed
  • ON SITE: 167 Days
  • ID#: CC41046625
Sold - 06/11/2024
$3,300,000
SOLD - 06/11/2024
  • 0
    BEDS
  • 0.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1955
County:
Area:

School Ratings & Info

Listing provided courtesy of Susan Bieber of Premier Realty Associates: (925) 550-7770.

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

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© 2024 MLSListings Inc. Based on information from MLSListings MLS as of 2024-06-18T06:52:59.747. Data is updated hourly. 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. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Gibson Portfolio Sales Inc..

Licensed in the State of California.
Website powered by BoomTown.
www.gibsonportfoliosales.com/homes/146339915
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5665 W Jefferson Blvd Los Angeles, CA 90016

  • Price: $5,500,000
  • Status: Closed
  • On Site: 167 Days
  • Updated: 93 min ago
  • ID#: CC41046625
0
Beds
0
Baths
0
½ Baths
0.33
Acres
1955
Built
Neighborhood:
Other
County:
Los Angeles
Area:
Other Area
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
Exterior Features

Exterior ConcreteStucco Garage Parking Assigned SpacesParking Area Lot Description Grade - LevelOther Parking Spaces 21 Roof 30 Units In Complex Max 17 View HillsDowntown

Interior Features

Baths Unit1 1.00 Baths Unit2 1.00 Baths Unit3 1.00 Beds Unit1 2 Beds Unit2 1 Beds Unit3 0 Flooring LaminateTileCarpet - Wall to Wall Heating Wall Furnace Laundry In Laundry RoomLaundry Facility - Coin-OpWasherWasher/Dryer - LeasedCommunity FacilityDryer Sq Ft Unit1 856 Sq Ft Unit2 672 Sq Ft Unit3 353 Structure Sq Ft 11818

Property Features

Additional Listing Info Not Applicable Amenities Storage Area(s)Balcony/Patio City Name LOS ANGELE Cross Street La Cienega Hoa YN No Lot Size Area Maximum 14403.00 Meters Separate ElectricSeparate Gas Rent Unit2 1600 Rent Unit3 1450 Security Features Security Building Sewer Septic Sewer - Public Zoning LAR3

Listing provided courtesy of Susan Bieber of Premier Realty Associates: (925) 550-7770.



© 2024 MLSListings Inc. Based on information from MLSListings MLS as of 2024-06-18T06:52:59.747. Data is updated hourly. 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. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Gibson Portfolio Sales Inc..

Licensed in the State of California.
Website powered by BoomTown.
 
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Gibson Portfolio Sales Inc.
P.O. Box 279
San Carlos CA, 97040

Listing provided courtesy of Susan Bieber of Premier Realty Associates: (925) 550-7770.