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4120 W Jefferson Blvd - JUST REDUCED $250,000! 0.13 Acres of Commercial Land Offered at $1,249,000 in Los Angeles, CA 90016
Investment Highlights
- JUST REDUCED $250,000 TO $1,249,000.
- OPPORTUNITY ZONE LOCATION.
- 5,490 sq. ft. lot in Jefferson Blvd.'s Artist District.
- Many permitted uses...lots of options.
- Tier 3 Density Bonus eligible.
Executive Summary
SELLER WILL FINANCE 70%-80% LTV
Build in a "hip" Opportunity Zone near Culver
CM (R3) Zoning allows for many permitted uses.
CREATIVE/OFFICE, FLEX SPACE, RESTAURANT/BAR, APARTMENTS, CONDOS. "You name it..."
Highly-visible, "heart of LA" location - minutes to Mid Wilshire, Beverly Hills, Culver City, Santa Monica, K-Town and DTLA.
5,490 SQ. FT. LOT - it goes street-to-alley, facilitating development AND immediately ready to be reimagined.
The CM zoning allows for many commercial uses and also allows for R3-zoned product aka apartments a/o condos. Tier 3 Density Bonus eligible - you get a 70% density bonus when building apartments/condos/townhomes.
APN: 5046-006-002
EXCLUSIVELY LISTED AT $1,499,000
REDUCED $250,000
NEW PRICE OF $1,249,000
BRING ALL OFFERS - SELLER WANTS QUICK CLOSE.
SELLER WILL FINANCE!!
Build in a "hip" Opportunity Zone near Culver
CM (R3) Zoning allows for many permitted uses.
CREATIVE/OFFICE, FLEX SPACE, RESTAURANT/BAR, APARTMENTS, CONDOS. "You name it..."
Highly-visible, "heart of LA" location - minutes to Mid Wilshire, Beverly Hills, Culver City, Santa Monica, K-Town and DTLA.
5,490 SQ. FT. LOT - it goes street-to-alley, facilitating development AND immediately ready to be reimagined.
The CM zoning allows for many commercial uses and also allows for R3-zoned product aka apartments a/o condos. Tier 3 Density Bonus eligible - you get a 70% density bonus when building apartments/condos/townhomes.
APN: 5046-006-002
EXCLUSIVELY LISTED AT $1,499,000
REDUCED $250,000
NEW PRICE OF $1,249,000
BRING ALL OFFERS - SELLER WANTS QUICK CLOSE.
SELLER WILL FINANCE!!
Property Facts
| Price | $1,249,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.13 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | LACM - Commercial Manufacturing | ||
| Price | $1,249,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.13 AC |
| Opportunity Zone |
Yes |
| Zoning | LACM - Commercial Manufacturing |
1 Lot Available
Lot
| Price | $1,249,000 | Lot Size | 0.13 AC |
| Price Per AC | $9,910,102.91 |
| Price | $1,249,000 |
| Price Per AC | $9,910,102.91 |
| Lot Size | 0.13 AC |
Description
Creative Office, Medical Office, Event Space, Gallery Space, Flex Space, Sound Stage, Post Production, Apartments, Condos...you name it. Highly-visible, "heart of LA" location - minutes to Mid Wilshire, Beverly Hills, Culver City, Santa Monica, K-Town and DTLA. The lot is empty and ready to be reimagined. The CM zoning allows for many commercial uses and also allows for R3 uses aka apartments a/o condos. Buyer to verify any height restrictions or community overlays that may be applicable.
1 1
Walk Score®
Very Walkable (85)
Property Taxes
| Parcel Number | 5046-006-002 | Improvements Assessment | $10,935 |
| Land Assessment | $1,629,530 | Total Assessment | $1,640,465 |
Property Taxes
Parcel Number
5046-006-002
Land Assessment
$1,629,530
Improvements Assessment
$10,935
Total Assessment
$1,640,465
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4120 W Jefferson Blvd - JUST REDUCED $250,000!
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