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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

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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!!

PROPERTY FACTS

Price $1,249,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Apartment Units - Condo
  • Loft or Creative Space
Total Lot Size 0.13 AC
Opportunity Zone Yes
Zoning LACM - Commercial Manufacturing

1 LOT AVAILABLE

Lot

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.

Walk Score®
Very Walkable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5046-006-002
Land Assessment
$1,629,530
Improvements Assessment
$10,935
Total Assessment
$1,640,465
  • Listing ID: 28165373

  • Date on Market: 4/6/2023

  • Last Updated:

  • Address: 4120 W Jefferson Blvd, Los Angeles, CA 90016

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