4120 Jefferson Blvd Los Angeles, CA 90016
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 4120 Jefferson Blvd
- Property type
- Commercial real estate
Description
This exceptional 5,490 square foot commercial lot, located at 4120 W Jefferson Blvd in Los Angeles, CA 90016, presents a unique development opportunity. Situated in the vibrant Artist District, this flat, vacant lot extends from street to alley, offering significant flexibility for various projects. The LACM zoning permits a wide range of commercial uses, including creative office space, medical offices, event spaces, galleries, flex spaces, sound stages, post-production facilities, and even residential development such as apartments or condos (R3). Its highly visible location provides easy access to Mid Wilshire, Beverly Hills, Culver City, Santa Monica, Koreatown, and Downtown Los Angeles. The property's flat and vacant nature allows for immediate reimagining and development, eliminating lengthy permitting processes. Furthermore, this property is located in an Opportunity Zone, offering potential tax advantages. The asking price is $1,499,000, and the seller may offer financing options with up to 60% LTV or more, with negotiable rates and terms. This is a rare chance to acquire a prime commercial lot in a thriving Los Angeles neighborhood with diverse development potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.3414331
- Latitude
- 34.0254485
