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5112 W Jefferson Blvd, Los Angeles, CA, 90016

$5,650,000

6 Baths
31,539 SqFt
$179/SqFt
House

Location

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Property Highlights

Home TypeOther
ParkingControlled Entrance, Carport, Gated, One Space
Year Built1946
MLS #24383424
Lot Size0.77 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 5112 W Jefferson Blvd

In Escrow, non-contingent. Bankruptcy Court OVERBID date is NOVEMBER 19,2024 WITH OVERBID OFFERS DUE NOVEMBER 15, 2024. FIRST OVERBID SHALL BE $200K OVER THE CURRENT $5,650,000. All Tenants are month to month - TOC Tier3 - Enterprise Zone - ED1 Eligible FIVE BUILDINGS (31,539+/-SF) on TWO PARCELS/LOTS of land (33,000+/- SF) located at the corner of W. Jefferson Blvd. and S. La Brea Ave. Perfect development play or for an owner/user. All Tenants are month to month and the price per square foot is insanely low.PHASE 1 & PHASE 2 Environmental completed and no action required. Clean bill of health and ready to sell. Days on market were due to a previous Title issue that has now been cleared. The properties must be purchased together as a portfolio and are subject to the Bankruptcy Court Overbid process.THE $5,650,000 CONTRACT PRICE IS AT AN INCREDIBLY LOW PRICE OF UNDER $200 PER SQUARE FOOT AND IS SUBJECT TO OVERBID IN BANKRUPTCY COURT.

Property Details

Property Features

Property Information:

  • Year Built: 1946
  • Stories: 1
  • Living Area: 31,539 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 230-5478
  • Listing Agent: Sam Shakerchi

Exterior Features

Parking Information:

  • Parking: Controlled Entrance, Carport, Gated, One Space

Lot Features

Lot Information:

  • Lot Size: 0.77 Acres

Other

Directions Information:

  • Directions: BANKRUPTCY SALE - 5 Buildings on 2 Parcels located in West Adams - Jefferson APN/Parcel is on Jefferson just west of La Brea - La Brea properties are on La Brea, just south of Jefferson and a warehouse behind it that also has an entrance on Orange.

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,650,000
  • Price Per SqFt: $179/SqFt

Tax Information:

  • Annual Amount: $37,390
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

5112 W Jefferson Blvd vs Los Angeles

212 DAYS ON ROCKET

+174 Days

$5,650,000

+$4.6M More

$179/SqFt

-$462 Less

KEY TAKEAWAY

This property is $4.6M more than the Median Sold Price and $462/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: #24383424

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 230-5478
  • Listing Agent: Sam Shakerchi

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: 11/22/2024, 3:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 25, 2004Home Sold
$2,470,000
Aug 31, 1999Home Sold
$1,600,000

Tax History

YEARPROP. TAXASSESSMENT
2021$37,390$2,971,379
2020$36,296$2,940,912
2019$35,774$2,883,248
2018$35,023$2,826,715
2017$35,023$2,771,290

History based on county public records data.

Payment Calculator

$28.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$17K

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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-655315
3
/10
  • Cienega Elementary School

  • 2611 S Orange Dr

  • 0.46 miles

  • Public District Grades KG-5

school-card-donut-655316
4
/10
  • Stella Elementary Charter Academy

  • 2636 S Mansfield Ave

  • 0.47 miles

  • Public Charter Grades KG-3

school-card-donut-655317
5
/10
  • Baldwin Hills Elementary School

  • 5421 Obama Blvd

  • 0.59 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $19,868. The majority of Los Angeles, CA residents have income less than $35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5112 W Jefferson Blvd

What is the listing price of this property?

The listing price of 5112 W Jefferson Blvd property is $5,650,000.

What type of property is this?

The property 5112 W Jefferson Blvd is a house located in Los Angeles, California, 90016.

Is this property for sale now?

Accepting Backup Offers: 5112 W Jefferson Blvd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $37,390 (source: MLS/based on county public records data).

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

The last sale was on February 25, 2004 for $2,470,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5112 W Jefferson Blvd has 6 bathrooms..

What is the square footage of this property?

The property 5112 W Jefferson Blvd is 31,539 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5112 W Jefferson Blvd is 1946.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles900165112 W Jefferson Blvd

This home is located at 5112 W Jefferson Blvd in Los Angeles, CA and zip code 90016 in the South LA neighborhood. This 31,539 square foot home, which was built in 1946, sits on a 0.77 acre lot. Features: 6 bathrooms. It has been listed on Rocket Homes since April 24, 2024 and is currently priced at $5,650,000.

In October 2024, from all listings sold in Los Angeles, CA there were more than 598 sold above asking price, over 753 sold below and more than 191 were sold right at the asked price. Between September 2024 and October 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 11.2%. The median list price of listings available in October 2024 was $1,023,474, while the average time on the real estate market was 38 days.

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

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