1425 W Jefferson Boulevard Los Angeles, CA ^$ 1,599,000

1425 W Jefferson Boulevard

^$ 1,599,000

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Recently Listed

1425 W Jefferson Boulevard

Los Angeles, CA, 90007

^$ 1,599,000

Bedrooms4 Baths7.0 Sq 3,592

Monthly Estimate*

^$ 11,169

Listed by Nohco Real Estate

1425 W Jefferson Boulevard, Los Angeles, CA 90007 - Image 1

1425 W Jefferson Boulevard, Los Angeles, CA 90007 - Image 2

1425 W Jefferson Boulevard, Los Angeles, CA 90007 - Image 3

1425 W Jefferson Boulevard, Los Angeles, CA 90007 - Image 4

1425 W Jefferson Boulevard, Los Angeles, CA 90007 - Image 5

1425 W Jefferson Boulevard, Los Angeles, CA 90007 - Image 6

1425 W Jefferson Boulevard, Los Angeles, CA 90007 - Image 7

1425 W Jefferson Boulevard, Los Angeles, CA 90007 - Image 8

1425 W Jefferson Boulevard, Los Angeles, CA 90007 - Image 9

1425 W Jefferson Boulevard, Los Angeles, CA 90007 - Image 10

1425 W Jefferson Boulevard, Los Angeles, CA 90007 - Image 11

1425 W Jefferson Boulevard, Los Angeles, CA 90007 - Image 12

1425 W Jefferson Boulevard, Los Angeles, CA 90007 - Image 13

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Multi-Family Home for sale in Los Angeles, CA

for $1,599,000 with 4 bedrooms and 7 full baths. This 3,592 square foot home was built in 1922 on a lot size of 0.1161.

Mixed use Retail/Apt building in the USC Patrol Zone in Los Angeles, Ca. Just blocks from the USC campus, this investment opportunity is ideal for a local investor and/or business owner looking to tap into the college rental market. It offers a true value add opportunity to reposition the property and maximize rents. The property is comprised of two structures totaling 3,592 SF with a corner building split into 3 retail units with one retail unit delivered vacant and parking in the rear. The multifamily building is a two story 4 unit property with all 1/1 units, month to month tenants, and Two units delivered vacant, allowing for immediate occupancy. The building was originally built in 1922 and sits on a total lot size of 5,058 SF on C2 zoned land. Prime Location near USC on Jefferson Blvd within the USC Patrol Zone, near Exposition Park, LA Coliseum, West Adams, Leimert Park, DTLA, Freeways, Restaurants & Shops.

Multi-Family Active

Price

^$ 1,599,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

MixedUse

Lot Size

0.1161

Year Built

1922

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

OC24087845

Days on Market

Features

General

Interior Features CeilingFans

Sewer PublicSewer

Heating WallFurnace

Cooling None

Utilities CableAvailable ElectricityAvailable NaturalGasAvailable PhoneAvailable SewerAvailable WaterAvailable

Possession CloseOfEscrow SeeRemarks

Appliances Disposal GasRange Refrigerator WaterHeater

Zoning LAC2

Garage Spaces 0.0

Pool Features None

Construction Materials Stucco

Year Built 1922

Tenant Pays Electricity Gas

View CityLights

Property SubType MixedUse

Gross Income 105535.0

Community Features Curbs StreetLights Sidewalks

County Los Angeles

Net Operating Income 71953.0

Operating Expense 30416.0

Insurance Expense 0.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions On Jefferson Blvd between Normandie & Vermont Ave.

City Los Angeles

Entry Location Front

View Y/N Y

Senior Community Y/N N

Open Parking Spaces 5.0

Total Units 7

MLS Area C16 - Mid Los Angeles

Lot Size Square Feet 5058.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 4

Street Name Jefferson

Listing Terms Cash CashtoNewLoan Item1031Exchange

Property Attached Y/N Y

Land Lease Y/N N

Home Warranty Y/N N

Trash Expense 0.0

Water Sewer Expense 0.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 0

Building Area Units SquareFeet

Standard Status Active

Year Built Source Assessor

Tax Lot 1

Virtual Tour https://youtu.be/DiA5w1m3xF8?si

Property Sub Type Additional MixedUse

Cap Rate 4.5

Interior

Flooring Carpet Laminate Tile

Fireplace Features None

Total Stories 2

Common Walls Item2CommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Street Suffix Boulevard

Laundry Features None

Entry Level 1

Electric On Property Y/N N

Exterior

Parking Features Driveway Uncovered

Lot Features Item610UnitsAcre

Water Source Public

Total Parking 5.0

Lot Size Area 5058.0

Number of Buildings 2

Spa N

Building Area Total 3592.0

Lot Size Acres 0.1161

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 7

Number of Separate Electric Meters 7

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 1425

* Excluded Features

List By

Nohco Real Estate

Broker

(213) 804-7647

Phone

Affordability Calculator

$11,169

Per Month

Monthly Principal & Interest: $11,169
Monthly Property Taxes: --
Monthly Home Insurance: --

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Loan Term

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,979,653

Percent of Sale Price 24%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/2/2024	$1,599,000		Listed Price

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1425 W Jefferson Boulevard, Los Angeles, CA, 90007 is a Multi-Family Home for sale at $1,599,000 with 3,592 sqft and a lot size of 0.1161. 1425 W Jefferson Boulevard has 4 bedrooms, 7.0 baths, and was built in 1922. The property's zip code is 90007 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/19/2024. 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.

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1425 W Jefferson Boulevard

Multi-Family Home for sale in Los Angeles, CA

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