731 E Jefferson Boulevard Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90011
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 3,200 sqft
Price per Sqft $375
MLS Listing ID CL25506847
HOA Y/N No
Year Built 1955
Lot Size 5,430 Sqft
Acres 0.12
Property Sub-Type Other
Property Description
This exceptional investment opportunity offers an impressive 8.35% cap rate making it a turnkey, high-yield asset in one of Los Angeles' most dynamic rental markets. Located at 731 E. Jefferson Blvd. Los Angeles, this professionally managed and well-maintained property features seven units all individually metered for gas and electricity allowing tenants to cover their own utilities. The property consists of seven 1 bed +1 bath units in 3,200 square feet of livable space on a 5,428 square foot lot. 2 Units Delivered vacant. Half the units have been remodeled. Building amenities include gated secured entry and on-site large parking court. Conveniently positioned near major employment hubs, this property provides tenants with easy access to Los Angeles International Airport (LAX), Downtown LA, the West Side, and the South Bay, making it an attractive option for working professionals. Additionally, it's close to some of LA's top attractions, including SoFi Stadium, USC, BMO Stadium, LA Memorial Coliseum, Exposition Park, the Lucas Museum of Narrative Art, the Natural History Museum, the California Science Center, and the Kia Forum all within a short commute. Residents also benefit from excellent transportation options, with quick access to major freeways such as the I-110, I-5, and
Location
State CA
County Los Angeles
Zoning LAM1
Interior
Cooling None
Fireplace No
Exterior
Utilities Available Other Water/Sewer
Building
Water Other
New Construction No
Others
Tax ID 5120023019