Two-Story Mixed-Use
For Sale
$1,195,000
2216 W Jefferson Blvd, Los Angeles, CA 90018
Retail storefronts occupy the ground level, with apartments positioned above on an LAC2 lot.
Property Size5,264 SF
Price / SF$227.01
Days on Market94
Property Features for 2216 W Jefferson Blvd
General Information
Standard status
Active
Size
5,264 SF
Property subtype
MULTI_FAMILY
Zoning
LAC2
Additional Details
Opportunity Zone
Yes
Building Details
Building Size
5,264 SF
Year Built
1908
Buildings
1
Stories
2
Tenancy
Multi
Listing Agency:
Keller Williams Realty Los Feliz
Listed By:
Jerry Hsieh · License #01701809
Source:
Benbelack
Added: May 4
Changed: Aug 5
Last Checked: Aug 5 at 3:57AM
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 Keller Williams Realty Los Feliz
Investment Insights
Based on property information with market context.
Built in 1908, this two-story mixed-use property contains seven units, including three ground-floor retail storefronts and four residential apartments on the upper level. The building is offered in its present condition and sold as-is, with future construction investment identified as part of its repositioning potential.
Located at 2216 W Jefferson Blvd in Los Angeles, the property sits along a commercial corridor connecting USC and Downtown with Culver City. A playground park and early education center are across the street, while the Exposition rail line is nearby. The site is within the HPOZ Jefferson Park neighborhood and carries a Federal Opportunity Zone 1.0 designation; buyers should verify applicable requirements and benefits.
Located at 2216 W Jefferson Blvd in Los Angeles, the property sits along a commercial corridor connecting USC and Downtown with Culver City. A playground park and early education center are across the street, while the Exposition rail line is nearby. The site is within the HPOZ Jefferson Park neighborhood and carries a Federal Opportunity Zone 1.0 designation; buyers should verify applicable requirements and benefits.
Key Highlights
- Seven‑unit configuration with 3 retail storefronts and 4 residential apartments
- Two‑story building constructed in 1908
- LAC2 lot with mixed‑use retail and residential arrangement
Financial Insights For Mixed Use
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 | $189.5k | $36.00 |
| − Vacancy | −$19.0k | −$3.60 |
| EGI | $170.6k | $32.40 |
| − OpEx | −$64.0k | −$12.15 |
| NOI | $106.6k | $20.25 |
5,264 SF · lease $36.00/SF/yr · vacancy 10.00% · expense 37.50%
Alternative Uses
Best Use
Apartment 5plus
$93.06M
$81.43M – $108.57M
NOI $6,514,485 @ 7.0% cap · market cap 545.15%
Second Best
Retail
$1.75M
$1.53M – $2.04M
NOI $122,163 @ 7.0% cap · market cap 10.22%
Theoretical Best
Multifamily LT 5
$106.65M
$93.31M – $124.42M
NOI $7,465,184 @ 7.0% cap · market cap 624.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,113
Businesses Nearby
Explore this area
Business Placement
Demographics for 90018, CA
50,179
Population
17,917
Households
2.8
Avg Household Size
37
Median Age
24%
College-Educated
74%
High-School Grad
3.0 sq mi
ZIP Area
16,726
Density / Sq Mi
$63,671
Median Household Income
$36,845
Median Earnings
$1,512
Median Rent
$886,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Retail storefronts occupy the ground level, with apartments positioned above on an LAC2 lot.
Where is this mixed-use property located?
The property is located at 2216 W Jefferson Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: Seven‑unit configuration with 3 retail storefronts and 4 residential apartments; Two‑story building constructed in 1908; LAC2 lot with mixed‑use retail and residential arrangement
