We are pleased to present 5131 W Jefferson Blvd, a TURN-KEY creative compound consisting of 9,351 SF on 12,133 SF of land! The building has been recently renovated, with new systems throughout, including new LED lighting, skylights, polished floors, sand-blasted wood-beamed ceilings, 3 ADA compliant restrooms, HVAC, and 3 automatic grade level doors. With 6 on-site parking spaces within 3,000 SF of yard/parking space, the property is well positioned for an owner-user seeking to create a private compound type feeling for their employees and clients. Located in the trending West Adams neighborhood, the property is nearby numerous iconic West Adams restaurants, including Highly Likely, Tartine, Alta, Mizlala, Farmhouse Kitchen, Chulita, and Cento, providing any owner-user multiple options to enjoy. There is immediate opportunity for an owner-user to utilize low-down payment SBA financing and create a demanding presence along a booming corridor that consists of restaurants, new hotels, art galleries, and production studios throughout. With the property being designated within an Opportunity Zone, there are financial benefits available both for owner-users and investors, providing additional motivating factors for a purchase. For more information, please contact the listing broker.
MLS # | 24430585 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1951 |
Days On Site | 303 |
Listing Provided By | Kidder Mathews of California, Inc. | Casey Lins |
SQ Feet | 9,351 |
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Story(s) | 1 |
Building(s) | 1 |
Zoning | CM-2D-CPIO |
Acreage | 0.28 |
State | CA |
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County | Los Angeles |
City | Los Angeles |
Zip Code | 90016 |
Area | C16 Mid Los Angeles |
Listing VS Median (in 90016) | |
Price: $4,275,000 low | high Med: $937,000 SqFt: 9,351 low | high Med: 958 $ / SqFt: $457 low | high Med: $982 On site: 303 low | high Med: 19.500000 |