2707 Jefferson Blvd Los Angeles, CA 90018-3322
- Investment properties
- 3,586 SF
- 0.11 lot acres
Mar 02, 2025
Current Use by Public Records
- Shaddai Adonai Beauty Shop / Beauty Salon
Property Details for 2707 Jefferson Blvd
- Year built
- 1912
- Construction
- WOOD
- Lot size
- 0.11 lot acres
- Property size
- 3,586 SF
- Zone code
- LAC2
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 5051-037-016
- APU
- 5051037016
Description
This exceptional mixed-use investment opportunity presents a fully vacant, six-unit building situated at 2707 W Jefferson Blvd, Los Angeles, CA 90018. The property, built in 1912/1950, comprises two structures totaling 3,586 rentable square feet on a 5,001 square foot lot zoned LAC2. The property features a mix of commercial and residential units: two street-level commercial units, one one-bedroom unit, one two-bedroom unit, a non-conforming studio, and a three-bedroom single-family home. Currently vacant, this presents a unique value-add opportunity to reposition the property and maximize its potential. The pro forma cap rate is 7.19%, with a pro forma NOI of $106,830 and an asking price of $1,485,000 ($414.11/sq ft and $247,500/unit). The property's location in the Jefferson Park neighborhood offers convenient access to public transportation and is experiencing significant growth due to its proximity to West Adams, Koreatown, USC, and Downtown Los Angeles. Nearby amenities include popular establishments such as Harold & Belle's and CAFE5. This property offers significant upside potential for the savvy investor seeking to capitalize on the area's revitalization. Alley access is also available.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.325
- Latitude
- 34.0259
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA