1425 West Jefferson Boulevard
1425 West Jefferson Boulevard
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Description
USC Patrol Zone in Los Angeles, Ca. Just blocks from the USC
campus, this investment opportunity is ideal for a local investor
and/or business owner looking to tap into the college rental
market. It offers a true value add opportunity to reposition the
property and maximize rents. The property is comprised of two structures totaling 3,592 SF
with a corner building split into 3 retail units with one retail unit
delivered vacant and parking in the rear. The multifamily...Mixed use Retail/Apt building in the
USC Patrol Zone in Los Angeles, Ca. Just blocks from the USC
campus, this investment opportunity is ideal for a local investor
and/or business owner looking to tap into the college rental
market. It offers a true value add opportunity to reposition the
property and maximize rents. The property is comprised of two structures totaling 3,592 SF
with a corner building split into 3 retail units with one retail unit
delivered vacant and parking in the rear. The multifamily
building is a two story 4 unit property with all 1/1 units, month to
month tenants, and Two units delivered vacant, allowing for
immediate occupancy. The building was originally built in 1922 and sits on a total lot
size of 5,058 SF on C2 zoned land. Prime Location near USC on Jefferson Blvd within the USC
Patrol Zone, near Exposition Park, LA Coliseum, West Adams,
Leimert Park, DTLA, Freeways, Restaurants & Shops.
Property Details for 1425 West Jefferson Boulevard
Location
Property Details for 1425 West Jefferson Boulevard
| Status | Active |
|---|---|
| MLS # | OC24087845 |
| Days on Market | 20 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Mixed Use |
| MLS Type | Residential Income |
| Year Built | 1922 |
| Lot Size | 0.12 AC / 5,058 SF |
| County | Los Angeles County |
Location
Virtual Tour
Building Information for 1425 West Jefferson Boulevard
Payment Calculator
$10,000 per month
30 year fixed, 7.25% Interest
$8,726
$1,274
$0
Property Information for 1425 West Jefferson Boulevard
- Tenant Pays: Electricity, Gas
- Gross Income: $105,535
- Gross Scheduled Income: $105,535
- Net Operating Income: $71,953
- Gross Multiplier: 15.2
- Cap Rate: 4.5
- Operating Expense: $30,416
- Insurance Expense: $0
- Professional Management Expense: $0
- Trash Expense: $0
- Water Sewer Expense: $0
- Total Expenses: $30,416
- Tax Block: E
- Tax Tract Number: 0
- Tax Census Tract: 2221.00
- Tax Lot: 1
- Assessments YN: Yes
- Assessments: Unknown
- Community Features: Curbs, Sidewalks, Street Lights
- Appliances: Disposal, Gas Range, Refrigerator, Water Heater
- Equipment: None, Refrigerator
- Interior Features: Ceiling Fan(s)
- Room Type: Kitchen, Living Room
- Laundry: No
- Laundry Features: None
- Fireplace Features: None
- Fireplace Rooms: None
- Cooling: None
- Heating Type: Wall
- Heating: Wall Furnace
- Flooring: Carpet, Laminate, Tile
- Virtual Tour URL Branded: https://youtu.be/DiA5w1m3xF8?si
- Construction Materials: Stucco
- Exterior Construction: Stucco
- Entry Location: Front
- View Description: City Lights
- Pool Features: None
- Pool Description: None
- Lot Features: 6-10 Units/Acre
- Number Of Units: 7
- Land Lease: No
- Land Lease Type: Fee
- Water: Public
- Sewer: Public Sewer
- Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
- Electric: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
- Water Source: Public
- Garage Spaces: 0
- Parking: Yes
- Parking Garage: Driveway, Uncovered
- Uncovered Spaces: 5
- Open Other Spaces Total: 5
- Parking Garage Spaces: 0
- Carport Spaces: 0
- Parking Features: Driveway, Uncovered
- Unit Type Units Total: 1
- Unit Type Beds Total: 0
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $1,100
- Unit Type Total Rent: $1,100
- Unit Type Pro Forma: 1900
- Unit Type Type: 1
- Unit Type Units Total: 1
- Unit Type Beds Total: 0
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $350
- Unit Type Total Rent: $350
- Unit Type Pro Forma: 1500
- Unit Type Type: 2
- Unit Type Units Total: 1
- Unit Type Beds Total: 0
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $0
- Unit Type Total Rent: $0
- Unit Type Pro Forma: 1500
- Unit Type Type: 3
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $914
- Unit Type Total Rent: $914
- Unit Type Pro Forma: 2000
- Unit Type Type: 4
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $0
- Unit Type Total Rent: $0
- Unit Type Pro Forma: 2000
- Unit Type Type: 5
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $0
- Unit Type Total Rent: $0
- Unit Type Pro Forma: 2000
- Unit Type Type: 6
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $931
- Unit Type Total Rent: $931
- Unit Type Pro Forma: 2000
- Unit Type Type: 7
- Number Of Units Leased: 4
- Rent Controlled: Yes
- Number Of Buildings: 2
- Number Of Separate Electric Meters: 7
- Number Of Separate Gas Meters: 7
- Number Of Separate Water Meters: 1
Property History for 1425 West Jefferson Boulevard
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1425 West Jefferson Boulevard
Schools near 1425 West Jefferson Boulevard
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | K to 12 | |||
| Public - | 9 to 12 | |||
| Charter - | K to 5 |
Rating | School | Distance |
|---|---|---|
John W. Mack Elementary School PublicK to 5 | ||
Foshay Learning Center PublicK to 12 | ||
Manual Arts Senior High School Public9 to 12 | ||
Stem Preparatory Academy CharterK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Nohco Real Estate, Brian Noh, DRE #01438155
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.