$5,500,000

5665 W Jefferson Boulevard

Los Angeles CA, 90016

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.

Details

MLS#SR21056844
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1955
Days On Site59

Features

SQ Feet11,818
Units17
Water FrontNo
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Area Information
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90016
AreaC16 - Mid Los Angeles
Listing VS Median (in 90016)
Price:
$5,500,000
low | high
Med:
$832,500
100% of Average
SqFt:
11,818
low | high
Med:
1,137
100% of Average
$ / SqFt:
$465
low | high
Med:
$825
27.28481130938% of Average
On Site:
59
low | high
Med:
65.500000
90.076335877863% of Average
Sourced by Back At You
Listing Updated: May 13, 2021 7:16:12 PM PDT
Sona Gallatin LogoMLS Number: SR21056844
Listing Provided By:
Sona Gallatin  of  eXp Realty of California Inc
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