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$8,995,000

Beds
Unknown
sq ft
31,539

5112 W Jefferson Blvd, Los Angeles, CA 90016

5112 W Jefferson Blvd

Los Angeles, CA 90016

  • 68 days on market
5-Building Portfolio Bankruptcy Sale - Prime owner-user, investment, or development opportunity in one of the most sought after and fastest growing neighborhoods in Los Angeles. 5 buildings on 2 lots totaling 33,000+/- SF of prime West Adams real estate. 5112-5118 W Jefferson and 3416 S. Orange Dr. are Three (3) warehouse buildings totaling approximately 22,375 +/- SF. All three buildings are currently occupied by month-to-month tenants and the second story of the rear building is vacant. Again - all tenants are month-to-month. 3409-3421 S La Brea is a 10,965+/- SF property comprised of 6,000+/- SF of retail space on La Brea Ave with a separate warehouse building at the rear of the building (3416 1/2 S Orange Dr.) that is 4,965+/- SF. There are currently two tenants occupying 65% of the retail space. Both/ALL tenants are month-to-month as well and the rear warehouse space (3416 1/2 S. Orange Dr) is vacant.PHASE I and PHASE II Reports are complete and CLEAN - NO ACTION REQUIRED. The properties/portfolio must be purchased together and are subject to Bankruptcy Court Overbid process. THIS RARE OPPORTUNITY IS LISTED AN INCREDIBLY LOW PRICE OF $285.00 PER SQUARE FOOT*** All Tenants are Month-to-Month -Tier 3 TOC - Opportunity Zone - Steps to the Metro Expo Line that connects Downtown Los Angeles to Santa Monica. *** Income details are both actual and projected. Income will vary depending on the new owner's usage.

Details

Property type

Lot size

0.7654 acres

Price per sq ft

$286

Year built

1946

Price History

04/23/2024
CLAW

CLAW #24383424

Listed
$8,995,000

Schools & Community

Neighborhood: 

West Adams

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Jbm Family Trust Etal

Loan start date

October 2014

Original loan amount

$300,000

Est. remaining balance

Not provided

Interest rate

4.12%

Loan type

Commercial

Seller

Jefferson La Brea D&J Properties Llc

Lender

Mega Bank

Loan start date

June 2014

Original loan amount

$2,200,000

Est. remaining balance

Not provided

Interest rate

3.05%

Loan type

Commercial, 7 year

Seller

Jefferson La Brea D&J Properties Llc

Lender

Tony Lewis

Loan start date

June 2011

Original loan amount

$50,000

Est. remaining balance

Not provided

Interest rate

4.8%

Loan type

Commercial, 5 year

Seller

Jefferson La Brea D&J Properties Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 07/01/2024 at 8:55 AM

Listing updated: 04/23/2024 at 9:22 PM

Listed by: Sam Shakerchi, Compass Phone #: (310) 230-5478

MLS: CLAW #24383424

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