Multi-Family for sale in Southern California — $5,650,000. 0 beds · 6 baths · 31,539 sqft. 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 Ti…
$5,650,000
5112 W Jefferson Boulevard, Los Angeles, CA 90016
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.
Listing updated: July 1, 2025 at 7:03 PM
Listed by: Sam Shakerchi, Compass
Source: CRMLS, MLS#: 24383424, Originating MLS: California Regional MLS
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| Date | Event | Price |
|---|---|---|
9/20/2024 Source: CRMLS, #24383424 | Price change | $5,650,000$179/sqft0.0% |
| 9/20/2024Source: CRMLS, #24383424 | Pending sale | $5,650,000$179/sqft-37.2% |
| 1/18/2024Source: CRMLS, #24383424 | Listed for sale | $8,995,000$285/sqft |
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