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Mixed Use Retail/Apt in USC Patrol Zone 1425-1429 Jefferson Blvd 3,592 SF 85% Leased Retail Building Los Angeles, CA 90007 $1,499,000 ($417.32/SF)
INVESTMENT HIGHLIGHTS
- Located in USC Patrol Zone!
- Below Market Rents in a Strong Traffic Area.
- Owner/User & Value Add Opportunity.
- Near USC on Jefferson Blvd, Exposition Park, LA Coliseum, DTLA, & Freeways.
EXECUTIVE SUMMARY
1425 W. Jefferson Blvd is a 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 fully occupied.
The building was built in 1922 and sits on a corner 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.
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 fully occupied.
The building was built in 1922 and sits on a corner 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.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
3,592 SF
Building Class
C
Year Built/Renovated
1922/1954
Price
$1,499,000
Price Per SF
$417.32
Percent Leased
85%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.71
Lot Size
0.12 AC
Zoning
LAC2 - LA City Zoned C2 in USC Patrol Zone
Parking
6 Spaces (1.67 Spaces per 1,000 SF Leased)
Frontage
100’ on Jefferson Blvd
AMENITIES
- Corner Lot
- Fenced Lot
- Restaurant
- Balcony
- Smoke Detector
Walk Score®
Very Walkable (82)
Bike Score®
Very Bikeable (74)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 5040-022-001 | Improvements Assessment | $212,241 |
| Land Assessment | $1,061,208 | Total Assessment | $1,273,449 |
PROPERTY TAXES
Parcel Number
5040-022-001
Land Assessment
$1,061,208
Improvements Assessment
$212,241
Total Assessment
$1,273,449
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Mixed Use Retail/Apt in USC Patrol Zone | 1425-1429 Jefferson Blvd
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