5665 W Jefferson Blvd, Los Angeles, CA 90016
Property
Sold June 2024
Listing Agent: Susan Bieber (DRE #01883429) · Listing Office: Premier Realty Associates · Contact: 858-277-6173 · Bought with: OUT OF AREA OUT · OUT OF AREA - NON MEMBER · MLS #41046625 · Source: CRMLS
About this property
INVESTORS DREAM! 5665 W. Jefferson is a 17-unit apt. building in a perfect location. This neighborhood has undergone a major economic boom and the investor outlook is bright, influenced by the ongoing $1 billion redevelopment of 11-acre Cumulus District across street and quick access to Culver City! Streaming Content companies (like Apple/Sony/Netflix/ Hulu/ Yahoo/ Google/and more) are scooping up adjacent neighborhoods for new content creation corporate sites. It's considered the new Silicon Valley South! Local housing demands have great returns for investors providing exceptional housing. This double-lot provides space for a complete rebuild to capture prime rental rates (Cumulus District - across the street averaging $6,500/mo. for 2BD/2BA) Apple building is across the street (building sold in 2022 for $105M). Fantastic location right across the street from the Metro Station, bike path and Corporate shuttle stop for a quick commute. Your commute could be grabbing Starbucks next door and jumping on the Metro for a quick trip to your office! Current Unit mix: (2) studios (11) one bedroom and (4) two bedrooms, all one bath. This building features a central garden courtyard w/ rear alley access! Many of the units have upgrades and/or back door access. www.5665Jefferson.com Views: Downtown
Listing description from the June 2024 sale, as reported to CRMLS.
Sale history