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Mixed-Use Apartment and Retail

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
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.

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 (±1% cap)
NOI $7,622,095 @ 7.0% cap · market cap 362.96%
Second Best
Retail
$2.04M
$1.79M – $2.38M (±1% cap)
NOI $142,933 @ 7.0% cap · market cap 6.81%
Theoretical Best
Multifamily LT 5
$124.78M
$109.18M – $145.57M (±1% cap)
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

Suggested Use

Law Firm Real Estate Agency Dental Office Spa & Massage Center Restaurant Skin Care Clinic Accounting Firm Pharmacy Gym & Fitness Center Cafe & Coffee Shop

Zoning and permitted uses should be independently verified with local authorities.

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
Contact an agent
More about this property
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