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Jefferson & La Brea Portfolio 2 Properties Offered at $5,650,000 in Los Angeles, CA
INVESTMENT HIGHLIGHTS
- 5 Buildings on 2 Lots of Irreplaceble Real Estate
- Over 30,000 SF
- Opportunity Zone
- Development Opportunity
- TOC 3
- Directly Next Door to Metro Station
EXECUTIVE SUMMARY
***OFFERS DUE NO LATER THAN NOVEMBER 14,2024***
***BANKRUPTCY COURT OVERBID DATE is NOVEMBER 19, 2024***
NOTION of HEARING ON MOTION SALE ATTACHED
First Overbid Shall be at $5,850,000 - PLEASE CONTACT LISTING AGENT FOR THE DETAILS.
Prime West Adams Location - All Tenants are month to month - TOC Tier3 - Enterprise Zone - ED1 Eligible
FIVE BUILDINGS (31,539+/-SF) on TWO PARCELS/LOTS of land (33,000+/- SF) located at the corner of W. Jefferson Blvd. and S. La Brea Ave. Perfect development play or for an owner/user. All Tenants are month to month and the price per square foot is insanely low.
PHASE 1 & PHASE 2 Environmental completed and no action required. Clean bill of health and ready to sell.
Days on market were due to a previous Title issue that has now been cleared.
The properties must be purchased together as a portfolio and are subject to the Bankruptcy Court Overbid process.
THIS RARE OPPORTUNITY IS UNDER CONTRACT AT AN INCREDIBLY LOW PRICE OF $178.97 PER SQUARE FOOT.
***BANKRUPTCY COURT OVERBID DATE is NOVEMBER 19, 2024***
NOTION of HEARING ON MOTION SALE ATTACHED
First Overbid Shall be at $5,850,000 - PLEASE CONTACT LISTING AGENT FOR THE DETAILS.
Prime West Adams Location - All Tenants are month to month - TOC Tier3 - Enterprise Zone - ED1 Eligible
FIVE BUILDINGS (31,539+/-SF) on TWO PARCELS/LOTS of land (33,000+/- SF) located at the corner of W. Jefferson Blvd. and S. La Brea Ave. Perfect development play or for an owner/user. All Tenants are month to month and the price per square foot is insanely low.
PHASE 1 & PHASE 2 Environmental completed and no action required. Clean bill of health and ready to sell.
Days on market were due to a previous Title issue that has now been cleared.
The properties must be purchased together as a portfolio and are subject to the Bankruptcy Court Overbid process.
THIS RARE OPPORTUNITY IS UNDER CONTRACT AT AN INCREDIBLY LOW PRICE OF $178.97 PER SQUARE FOOT.
PROPERTY FACTS
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 5112-5118 W Jefferson Blvd, Los Angeles, CA 90016 | Industrial | 31,539 SF | 1946 | - |
|
Jefferson/La Brea Bldgs
3409-3421 S La Brea Ave, Los Angeles, CA 90016 |
Retail | 10,965 SF | 1994 | - |
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Jefferson & La Brea Portfolio
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