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    827-831 Jefferson Blvd Los Angeles, CA 90011

    Sponsored
    For Sale
    $4,700,000

    Prime LA location, 7,864 SF, high potential.

    Property size:
    7,864 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    Exceptional mixed-use investment opportunity in Los Angeles, California, encompassing two adjacent properties totaling 7,864 square feet on a 10,566 square foot lot. This offering includes three buildings constructed in 1903 and 1909, with renovations in 1912 and 1948. The property boasts 80 feet of frontage on Jefferson Boulevard, situated mid-block between Stanford and Griffith Avenues. Secure, gated parking is accessible via a rear alley. Zoned LA M1, this versatile property presents numerous development possibilities. Its prime location offers easy access to major transportation arteries, including proximity to the Harbor (110) Freeway, placing it within one mile of the Los Angeles Coliseum, Exposition Park, Banc of California Stadium, and the USC campus. Downtown Los Angeles is also conveniently located just one mile to the north. The asking price is $4,700,000, translating to $597.66 per square foot. APN numbers are 5120-028-022 and 5120-028-023. This owner/user or investor opportunity is ideal for those seeking a high-return property in a thriving Los Angeles neighborhood.

    Property Features for 827-831 Jefferson Blvd

    General Information

    Property type
    Land
    Square Feet
    7,864 SF

    HighLights

    • Owner‑user or investor opportunity.
    • Two adjacent properties with secure, gated rear parking and alley access.
    • Three buildings on a 10,566± SF lot.
    • Versatile property with multiple potential uses.
    • Mid‑block location between Stanford and Griffith Avenues.
    • 80‑foot frontage on Jefferson Boulevard.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.2624153
    Latitude
    34.0144675

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    FAQs

    What type of property is this?
    Land - Prime LA location, 7,864 SF, high potential.
    Where is this land located?
    The property is located at 827-831 Jefferson Blvd Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $4,700,000.
    What are key features of this property?
    This property features: Owner-user or investor opportunity.; Two adjacent properties with secure, gated rear parking and alley access.; Three buildings on a 10,566± SF lot.
    Request Owner's contact information
    827-831 Jefferson Blvd Los Angeles, CA 90011
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    827-831 Jefferson Blvd Los Angeles, CA 90011
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