5112 Jefferson Boulevard Los Angeles, CA 90016

Cluster Residence

Beds

6 Baths

31,539 Sq. Ft.

0.77 Acre Lot

Property Activity

Time on Site

days

Days on Market

Views

Saves

Last updated on 1/9/2025 1:22 PM

Listing Details

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/LO...TS 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. Continue reading

MLS#

24383424

Property Type

Cluster

Status

Active Under Contract

Bathrooms

Year Built

1946

Square Feet

31,539 sq. ft

Lot Size