5112 W Jefferson Boulevard,Los Angeles, CA 90016
Los Angeles, CA 90016
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.
Details
| MLS # | 24383424 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1946 |
| Days On Site | 861 |
| Listing Provided By | Compass | Sam Shakerchi |
Features
| Bath(s) | 6 |
|---|---|
| SQ Feet | 31,539 |
| Car Port | Yes |
| Story(s) | 1 |
| Units | 5 |
| Building(s) | 5 |
| Zoning | CM-2D-CPIO/LM |
| Acreage | 0.77 |
Exterior
| Security Features | Security Gate |
|---|
Parking
| Parking Features | Controlled Entrance, Carport, Gated, One Space |
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Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90016 |
| Area | PHHT Park Hills Heights |
| Community Name | West Adams |
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90016 |
| Area | PHHT Park Hills Heights |
| Community Name | West Adams |