Property Attributes
- MLS#24383424
- TypeSingle Family
- Listing Status Pending
- CountyLos Angeles
- CityLos Angeles
- Area Park Hills Heights
- NeighborhoodWest Adams
- Zip90016
- Style
- Year Built1946
- Price$ 5,650,000
- Bedrooms0
- Full Bathrooms6
- Half Bathrooms0
- Sqr Footage31539
- Lot Size0.7654 Acres
Data Source:
California Regional MLS (CRMLS)
Property Description
In Escrow, non-contingent. Bankruptcy Court OVERBID date is NOVEMBER 19,2024 WITH OVERBID OFFERS DUE NOVEMBER 15, 2024. FIRST OVERBID SHALL BE $200K OVER THE CURRENT $5,650,000. All Tenants are month to month - TOC Tier3 - Enterprise Zone - ED1 Eligible FIVE BUILDINGS (31,539+/-SF) on TWO PARCELS/LOTS of land (33,000+/- SF) located at the corner of W. Jefferson Blvd. and S. La Brea Ave. Perfect development play or for an owner/user. All Tenants are month to month and the price per square foot is insanely low.PHASE 1 & PHASE 2 Environmental completed and no action required. Clean bill of health and ready to sell. Days on market were due to a previous Title issue that has now been cleared. The properties must be purchased together as a portfolio and are subject to the Bankruptcy Court Overbid process.THE $5,650,000 CONTRACT PRICE IS AT AN INCREDIBLY LOW PRICE OF UNDER $200 PER SQUARE FOOT AND IS SUBJECT TO OVERBID IN BANKRUPTCY COURT.
| Price History | |
|---|---|
| 1/27/2026 | Listed $5,650,000 |
General Features
| Living Area | 31539 |
|---|---|
| Zoning | CM-2D-CPIO/LM |
| Security Features | SecurityGate |
| Year Built | 1946 |
| Levels | MultiSplit |
| Gross Income | 712860 |
| County | Los Angeles |
| Net Operating Income | 265776 |
| New Construction | false |
| Property Type | ResidentialIncome |
| HOA | false |
| Subdivision Name | West Adams |
| Special Listing Conditions | BankruptcyProperty |
| Status | Pending |
| Directions | BANKRUPTCY SALE - 5 Buildings on 2 Parcels located in West Adams - Jefferson APN/Parcel is on Jefferson just west of La Brea - La Brea properties are on La Brea, just south of Jefferson and a warehouse behind it that also has an entrance on Orange. |
| City | Los Angeles |
| Disclosures | Easements,SellerDisclosure |
| Senior Community Y/N | false |
| Number Of Units Total | 5 |
| MLS Area | PHHT - Park Hills Heights |
| Lot Size Units | SquareFeet |
| Lot Size Square Feet | 33340 |
| Carport Y/N | true |
| Additional Parcels Y/N | true |
| Standard Status | Pending |
| PostalCity | LOS ANGELES |
Interior Features
| Total Stories | 1 |
|---|---|
| LivingAreaSource | Other |
| Total Baths | 6 |
Exterior Features
| Parking Features | ControlledEntrance,Carport,Gated,OneSpace |
|---|---|
| Total Parking | 14 |
| Lot Size Area | 33340 |
| Number of Buildings | 5 |
| Building Area Total | 31539 |
| Lot Size Acres | 0.7654 |
| Lot Size Source | Other |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Based on information from California Regional Multiple Listing Service, Inc. as of September 12, 2026 3:33 AM UTC This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.