Listed By:
Sam Shakerchi with Compass;
Address
5112 W Jefferson Boulevard, Los Angeles, CA
Price
$ 5,650,000
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

Property vs Single Family Average in 90016

Price
AVG $1.3M
$5.65M
Year Built
AVG 1939
1946

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