5112 W Jefferson BLVD, Los Angeles, CA 90016
5112 W Jefferson BLVD, Los Angeles, CA 90016
5112 W Jefferson BLVD, Los Angeles, CA 90016
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Chris & Michelle Mardelli

Chris & Michelle Mardelli

+1(626) 215-4105
$5,650,000
Est. payment /mo
6 Baths
31,539 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Pending

Purchase Type For Sale

Square Footage 31,539 sqft

Price per Sqft $179

Subdivision West Adams

MLS Listing ID 24383424

HOA Y/N No

Year Built 1946

Lot Size 0.765 Acres

Property Description

In Escrow, non-contingent. Bankruptcy Court OVERBID date is NOVEMBER 19,2024 WITH OVERBID OFFERS DUE NOVEMBER 15, 2024. FIRST OVERBID SHALL BE $200K OVER THE CURRENT $5,650,000. 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.THE $5,650,000 CONTRACT PRICE IS AT AN INCREDIBLY LOW PRICE OF UNDER $200 PER SQUARE FOOT AND IS SUBJECT TO OVERBID IN BANKRUPTCY COURT.

Location

State CA

County Los Angeles

Area Phht - Park Hills Heights

Zoning CM-2D-CPIO/LM

Interior

Fireplace No

Exterior

Parking Features Controlled Entrance, Carport, Gated, One Space

Total Parking Spaces 14

Building

Story 1

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5047001003

Security Features Security Gate

Special Listing Condition Bankruptcy Property

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Listed by Sam Shakerchi Compass #01868195
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Chris & Michelle Mardelli

Broker Associate License ID: 01834969

+1(626) 215-4105 | chris@therealupside.com

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5112 W Jefferson BLVD

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