1885-1899 W Jefferson Blvd 21 Unit Apartment Building $3,395,000 ($161,667/Unit) Los Angeles, CA 90018

We are pleased to present a mixed-use compound that will be delivered 100% vacant at the close of escrow! With 13,331 SF of building, the property is well positioned for an investor seeking a high-cash-flowing property or a non-profit seeking a 100% vacant property for various government programs. Throughout the past 5 years, the property has gone through recent significant upgrades, which include upgraded plumbing, electrical, interior renovations, and fire sprinklers. With the property being delivered 100% vacant, a new owner has the ability to lease out the units via Section 8, or occupy the building! Located on the corner of Jefferson Blvd and St. Andrews Place within Jefferson Park and just a 5-minute drive from both USC and West Adams, the building caters to a wide range of tenants. The property has approximately 15 parking spaces, giving a new owner the ability to provide much desired parking to the tenant. Contact the listing team for additional information.