Address
5665 W Jefferson Boulevard Los Angeles, CA
Price
$ 5,500,000
Property Attributes
  • MLS#SR21092137
  • TypeContingent
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaMid Los Angeles
  • Zip90016
  • Style
  • Year Built1955
  • Taxes$ 4606
  • Price$ 5,500,000
  • Bedrooms17
  • Full Bathrooms17
  • Half Bathrooms0
  • Sqr Footage11818
  • Lot Size0.33 Acres
Listing Provided Courtesy Of:
Sona Gallatin - BRE#01488764 with eXp Realty of California Inc -
Data Source:
Crisnet MLS
Property Description

HUGE PRICE ADJUSTMENT! Same owner since 1963 has taken care of this gem residential income property which is truly located in the center of all Los Angeles highlights! Just minutes away from Santa Monica, Beverly Hills, LAX, Downtown, all sports venues, film studios in Culver City. Located on the border of Culver City and Adams West, walking distance to studios, metro, shopping. Target, Trader Joe's, Sees Candies Warehouse, Starbucks is a short walk away and around the corner from the newly developed luxury ARQ Apartments. The building has had many upgrades including granite kitchen counters, new flooring, and a new roof (10 years) There is an upside in rents as most all tenants have been there for a while and some have rent subsidized by section 8. Maximize your NOI by possible development opportunities in this desirable location. Just a couple blocks south is considered Baldwin Hills and a few steps away to the west is considered Culver City.

Price History
5/1/2021 Listed $5,500,000

General Features

Assessments Unknown
Assessments Y/N Yes
Attached Structure Attached
Building Area Units Square Feet
Carport Spaces 21.00
City Los Angeles
Co-listing Agent Steve Chelebian - BRE#01232921
Community Features Sidewalks, Street Lights, Urban
Construction Materials Concrete
County Los Angeles
Current Financing Conventional
Days on Market 239
Directions LaCienega to W. Jefferson, 3rd building from corner on north side.
Electric Expense 0.00
Fuel Expense 0.00
Garage Spaces 0.00
Grossincome 325000.00
Insurance Expense 3000.00
Listing Agent Sona Gallatin - BRE#01488764
Lot Size Square Feet 14403.00
MLS Area C16 - Mid Los Angeles
Net Operating Income 288000.00
Number of Units Leased 17
Operatingexpense 35000.00
Pool Features None
Price Per Square Foot 465.39
Property Attached Y/N Yes
Property Type Residential Income
Rent Control Y/N Yes
Security Features Carbon Monoxide Detector(s), Fire and Smoke Detection System, Resident Manager
Sewer Public Sewer
Standard Status Active Under Contract
Street Name Jefferson
Tax Annual Amount 4606.00
Tax Lot 22
Tax Year 2020
Tenant Pays All Utilities
Total Units 17
Totalexpenses 55630.58
Trash Expense 0.00
Utilities Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water Sewer Expense 30000.00
Year Built 1955
Yearbuiltsource Assessor
Zoning LAR3

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Common Walls 2+ Common Walls
Laundry Features Common Area, Community
Laundry Y/N Yes
Laundryincome 2400.00
Street Suffix Boulevard
Studio Area Unit Type Square Feet
Window Features Double Pane Windows

Exterior Features

Building Area Total 11818.00
Lot Features 16-20 Units/Acre, Lot 10000-19999 Sqft, Rectangular Lot, Level, Near Public Transit, Walkstreet
Lot Size Acres 0.3306
Lot Size Area 14403.0000
Lot Size Source Assessor
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 17
Number of Separate Gas Meters 17
Number of Separate Water Meters 17
Total Parking 21.00
Water Source Public

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 Contingent Average in 90016

Price
AVG $1.71M
$5.5M
Taxes
AVG $4,606
$4,606
Visits
AVG 76
95
Year Built
AVG 1940
1955
Walkscore
AVG 69
76
Data Provided by Walkscore ® not using MLS data

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