20 days on rocket

2707 W Jefferson Blvd, Los Angeles, CA, 90018

$1,485,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
7 Baths
3,586 SqFt
$414/SqFt
House

Location

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2707 W Jefferson Blvd, Los Angeles$1,485,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingNone
Year Built1912
HeatingNone
CoolingNone
MLS #24458823
Lot Size0.11 Acres
StatusActive

About 2707 W Jefferson Blvd

We are pleased to present 2707 W Jefferson Blvd, a rare FULLY VACANT 6-unit mixed-use property located in the Jefferson Park neighborhood of Los Angeles with a pro forma 7.19% cap rate.Built in 1912/1950, this opportunity is comprised of two separate structures totaling 3,586 rentable square feet that is situated on a 5,001 square foot LAC2 zoned lot with alley access. The unit mix consists of (2) two front commercial units (1st floor), (1) one-bedroom unit (2nd floor), (1) two-bedroom unit (2nd floor), a nonconforming studio (2nd floor), plus a three-bedroom single family freestanding home located in the rear of the property. Being delivered 100% vacant presents the next investor a unique opportunity to immediately reposition the property into a 7.19% pro forma and ultimately provides flexibility for determining unit rehab finishes and new tenant selection to stabilize the property at market rents along with an additional value add component with legalizing the studio unit. 2707 W Jefferson Blvd is situated in a transit-oriented location near numerous bus stops that is realizing tremendous growth and transition due to its proximity to West Adams, Koreatown, USC and Downtown Los Angeles. Local favorite community establishments consist of Harold & Belle's, CAFE5, Highly Likely, and much more throughout this Jefferson Blvd corridor.

Property Details

Property Features

Property Information:

  • Year Built: 1912
  • Stories: 2
  • Living Area: 3,586 SqFt

Listing Office:

  • Office Name: Kidder Mathews of California, Inc.
  • Office Phone: (858) 369-3010
  • Listing Agent: Casey Lins

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

Other

Directions Information:

  • Directions: Google Maps: 2707 W Jefferson Blvd, Los Angeles, CA 90018

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,485,000
  • Price Per SqFt: $414/SqFt

Tax Information:

  • Annual Amount: $9,288
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

2707 W Jefferson Blvd vs Los Angeles

20 DAYS ON ROCKET

-18 Days

$1,485,000

+$461.5K More

$414/SqFt

-$227 Less

KEY TAKEAWAY

This property is $461.5K more than the Median Sold Price and $227/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24458823

Listing Office:

  • Office Name: Kidder Mathews of California, Inc.
  • Office Phone: (858) 369-3010
  • Listing Agent: Casey Lins

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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 or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 8:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 23, 2019Home Sold
$735,000

Tax History

YEARPROP. TAXASSESSMENT
2021$9,288$742,614
2020$2,705$735,000
2019$2,685$182,945
2018$2,538$179,359
2017$2,538$175,843

History based on county public records data.

Payment Calculator

$7,479

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,519

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-239191
3
/10

  • 6th Avenue Elementary School

  • 3109 6th Ave

  • 0.09 miles

  • Public District Grades KG-5

school-card-donut-239192
6
/10

  • Mid-City's Prescott School of Enriched Sciences

  • 3150 W Adams Blvd

  • 0.60 miles

  • Public District Grades 1-5

school-card-donut-239193
6
/10

  • Tom Bradley Global Awareness Magnet

  • 3875 Dublin Ave

  • 0.75 miles

  • Public Magnet Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,053. Typical income of Los Angeles, CA residents is less than $35k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2707 W Jefferson Blvd

What is the listing price of this property?

The listing price of 2707 W Jefferson Blvd property is $1,485,000.

What type of property is this?

The property 2707 W Jefferson Blvd is a house located in Los Angeles, California, 90018.

Is this property for sale now?

Active Listing: 2707 W Jefferson Blvd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $9,288 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 23, 2019 for $735,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2707 W Jefferson Blvd has 3 bedrooms and 7 bathrooms.

What is the square footage of this property?

The property 2707 W Jefferson Blvd is 3,586 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2707 W Jefferson Blvd is 1912.

Rocket Homes›California›Los Angeles County›Los Angeles›90018›2707 W Jefferson Blvd

This home is located at 2707 W Jefferson Blvd in Los Angeles, CA and zip code 90018 in the South LA neighborhood. This 3,586 square foot home, which was built in 1912, sits on a 0.11 acre lot. Features: 3 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since October 31, 2024 and is currently priced at $1,485,000.

Over 598 listings were sold over their listed price in October 2024 in Los Angeles, CA. In the same period over 753 listings were sold below the listed price and 191 listings were sold for the listed price. The number of homes for sale in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. In October 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,023,474.

From Rocket Homes Real Estate and based on county public records data.

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