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    850 Jefferson Blvd Los Angeles, CA 90011

    Sponsored
    For Sale
    $4,500,000

    Prime LA location, high visibility, owner-user potential.

    Property size:
    9,756 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional mixed-use property, located at the southeast corner of Griffith Avenue, 36th Street, and Jefferson Boulevard in Los Angeles, CA 90011, presents a compelling owner-user or development opportunity. The property boasts a total of 9,756 square feet of net rentable space across multiple buildings, situated on a sizable 20,296 square foot lot. The buildings include a 3,440 square foot light industrial building (built in 2010), a 4,512 square foot food processing building (built in 1910), and a 1,804 square foot auto repair building (built in 1927). Additionally, there is a 5,896 square foot parking lot providing ample space for 30+ vehicles, secured by a gated entrance. The auto repair facility is currently leased at $6,500 per month with a remaining lease term of two and a half years. The remaining space is vacant, offering significant flexibility for future use. The property benefits from excellent visibility and exposure due to its prominent corner location and features 135 feet of frontage on Griffith Avenue and 138 feet of frontage on 36th Street/Jefferson Boulevard. The property is zoned LA CM1-CPIO and has 400A/480V/3-Phase power. Its strategic location is approximately one mile south of Downtown Los Angeles and the I-10 Freeway, and one mile east of the University of Southern California (USC) and the 110 Freeway. The Assessor's Parcel Numbers are 5114-001-008

    Property Features for 850 Jefferson Blvd

    General Information

    Property type
    Land
    Square Feet
    9,756 SF

    HighLights

    • Owner‑user or development opportunity.
    • Prime location: One mile south of DTLA and the I‑10 Freeway, one mile east of USC and the 110 Freeway.
    • Income producing auto repair facility (6,500/month, 2.5 years remaining); remaining property vacant.
    • High visibility and exposure.
    • Secure gated parking for 30+ vehicles.
    • Exceptional corner location: Griffith Ave, 36th St, and Jefferson Blvd.
    Property Profile Location Intelligence

    Current Use by Public Records

    Muscle Tuner Auto Mechanic Halo Hot Rod Auto Repair Shop Lifesafer Ignition Interlock Safety Equipment Supplier

    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
    -118.2617561
    Latitude
    34.0132888

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    FAQs

    What type of property is this?
    Land - Prime LA location, high visibility, owner-user potential.
    Where is this land located?
    The property is located at 850 Jefferson Blvd Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: Owner-user or development opportunity.; Prime location: One mile south of DTLA and the I-10 Freeway, one mile east of USC and the 110 Freeway.; Income producing auto repair facility (6,500/month, 2.5 years remaining); remaining property vacant.
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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
    850 Jefferson Blvd Los Angeles, CA 90011
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