Mixed-Use Apartment and
2021 W Jefferson Boulevard Los Angeles, CA 90018
New
2021 W Jefferson Boulevard, Los Angeles, CA, 90018
$2,100,000
For Sale
$2,100,000
Mixed-use building with three commercial units and five 1+1 apartments, each with in-unit washer/dryer.
Property Size6,159 SF
Price / SF$340.96
Days on Market7
Property Features for 2021 W Jefferson Boulevard
General Information
- Standard status
- Active
- Size
- 6,159 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1953
Listing Agency
(310) 979-0800
Listed by
Sperry Van Ness
Source
Xome
Added: Jul 12 Checked: Jul 18 at 3:13 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sperry Van Ness
Investment Insights
Based on property information with market context.
This mixed-use property contains three commercial units and five residential 1+1 apartments, and each apartment includes an in-unit washer/dryer. The building is approximately 6,159 square feet and has been reported to have undergone roughly $500,000 in capital expenditures, supporting above-average condition.
The property is positioned minutes from USC, Exposition Park, and Downtown Los Angeles, offering convenient access to major employment and entertainment destinations. Seller financing is also available up to 80% LTV for qualified buyers.
The current configuration supports both income-generating residential units and commercial space within the same building, providing a practical live-and-work style setup for tenants and straightforward oversight for owners.
The property is positioned minutes from USC, Exposition Park, and Downtown Los Angeles, offering convenient access to major employment and entertainment destinations. Seller financing is also available up to 80% LTV for qualified buyers.
The current configuration supports both income-generating residential units and commercial space within the same building, providing a practical live-and-work style setup for tenants and straightforward oversight for owners.
Key Highlights
- Mixed‑use building with 3 commercial units and 5 residential 1+1 apartments
- All 1+1 apartments include in‑unit washer/dryer
- 2021‑2027 W. Jefferson Boulevard totals approximately 6,159 SF
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $227.6k | $36.96 |
| − Vacancy | −$23.4k | −$3.81 |
| EGI | $204.2k | $33.15 |
| − OpEx | −$61.3k | −$9.95 |
| NOI | $142.9k | $23.21 |
6,159 SF · lease $36.96/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Apartment 5plus
$108.89M
$95.28M – $127.03M
NOI $7,622,095 @ 7.0% cap · market cap 362.96%
Second Best
Retail
$2.04M
$1.79M – $2.38M
NOI $142,933 @ 7.0% cap · market cap 6.81%
Theoretical Best
Multifamily LT 5
$124.78M
$109.18M – $145.57M
NOI $8,734,435 @ 7.0% cap · market cap 415.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Los Angeles Nomadic ...
Theater & Performing Art Venue
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FAQs
What type of property is this?
Apartment building - Mixed-use building with three commercial units and five 1+1 apartments, each with in-unit washer/dryer.
Where is this apartment building located?
The property is located at 2021 W Jefferson Boulevard Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Mixed‑use building with 3 commercial units and 5 residential 1+1 apartments; All 1+1 apartments include in‑unit washer/dryer; 2021‑2027 W. Jefferson Boulevard totals approximately 6,159 SF