1885 W Jefferson Boulevard

    Los Angeles (City), CA 90018
    • $2,495,000
    • STATUS: Active Under Contract
    • ON SITE: 49 days
    • MLS #: 18407030
    Under Contract
    UPDATED: 153 min ago
    $2,495,000
    • 12
      BEDS
    • 0.39
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 13,331
      SQFT
    • $187
      $/SQFT
    Type:
    Multi-Family
    Built:
    1912
    County:

    School Ratings & Info

    Description

    Probate sale subject to Court confirmation, and overbidding in Court. FOR SALE after 44 years. Great mixed-use property in Jefferson Park HPOZ, only 1.4 miles from USC. 5 commercial (street retail) units and 2 office spaces. Property has had un-permitted conversions done over the years. Total number of legal/permitted units is Unknown. 6 gas meters and 12 electric meters. Court appointed fiduciary and their agents cannot make any representations as to which units are permitted, and which units are not-permitted. Buyer to investigate. 16 of 20 current units will be delivered vacant at COE. Only 2 of the residential units, and 2 of the commercial units will remain occupied at COE. All tenancy are month to month. No known open code violations on the subject property as of 11/15/18. Buyer to conduct their own due diligence. Sold AS IS and Where Is. Only offers with no loan and/or appraisal contingencies will be considered. Income and expenses are projected based on current unit-mix.

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    ©2019 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Wasserman. Based on information from the California Desert Association of Realtors as of 2019-01-16T23:36:25.343. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

    Licensed in the State of California, USA
    www.teamwasserman.com/homes/89691023

    1885 W Jefferson Boulevard Los Angeles (City), CA 90018

    • Price: $2,495,000
    • Status: Active Under Contract
    • Updated: 153 min ago
    • MLS #: 18407030
    12
    Beds
    0
    Baths
    0
    ½ Baths
    0.39
    Acres
    13,331
    SQFT
    $187
    $/SQFT
    1912
    Built
    County:
    Los Angeles
    Property Description
    Probate sale subject to Court confirmation, and overbidding in Court. FOR SALE after 44 years. Great mixed-use property in Jefferson Park HPOZ, only 1.4 miles from USC. 5 commercial (street retail) units and 2 office spaces. Property has had un-permitted conversions done over the years. Total number of legal/permitted units is Unknown. 6 gas meters and 12 electric meters. Court appointed fiduciary and their agents cannot make any representations as to which units are permitted, and which units are not-permitted. Buyer to investigate. 16 of 20 current units will be delivered vacant at COE. Only 2 of the residential units, and 2 of the commercial units will remain occupied at COE. All tenancy are month to month. No known open code violations on the subject property as of 11/15/18. Buyer to conduct their own due diligence. Sold AS IS and Where Is. Only offers with no loan and/or appraisal contingencies will be considered. Income and expenses are projected based on current unit-mix.
    Exterior Features

    Carport Or Covered Spaces 0 Pool No Total Other Spaces 0 Total Parking Spaces 12

    Interior Features

    Avg Sq Ft Studio 0 Avg Sq Ft1 Bedroom 0 Avg Sq Ft2 Bedroom 0 Avg Sq Ft3 Bedroom 0 Bathrooms 21.00 Entry Level 0

    Property Features

    Act Total Rent 0.00 Adj Gross Income 262956.00 Annual Gross Rent 0.00 Annual Land Lease Amount 0.00 Cross Street Address St. Andrews Pl. And Jefferson Disclosures Historical DesigProperty As IsRent ControlTrust/Conservator Green Year Certified 0 Gross Annual Income 0.00 Gross Operating Inc 249808.00 Gross Schedule Inc 0.00 Land Fee Lot Size Source (Assessor) MLS Claw Mls Monthly Gross Income 0.00 Net Operating Inc 151203.00 Number Of Buildings 2 Operating Expenses 0.00 Property Subtype Residential Income Realtor Association Palm Springs Assocation Of Realtors Sale Type Probate Square Footage Source Assessor Tax Rate 0.00 Total Annual Op Exp 98605.00 Total Taxes 0.00

    Listing information © 2019 California Desert Association of Realtors.
    Listing provided courtesy of Vineendra Jain of Ingenious Asset Group, Inc..
    ©2019 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Wasserman. Based on information from the California Desert Association of Realtors as of 2019-01-16T23:36:25.343. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

    Licensed in the State of California, USA
     
    Team Wasserman
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