5161 W JEFFERSON BLVD, Los Angeles, CA 90016, photo 1 of 5
24
5161 W JEFFERSON BLVD, Los Angeles, CA 90016, photo 2 of 5
5161 W JEFFERSON BLVD, Los Angeles, CA 90016, photo 3 of 5
5161 W JEFFERSON BLVD, Los Angeles, CA 90016, photo 4 of 5
5161 W JEFFERSON BLVD, Los Angeles, CA 90016, photo 5 of 5

Listed By Pacific Playa Realty, Obie Nwabuzor

Favorite

5161 W JEFFERSON BLVD Los Angeles, CA 90016

$999,000

8

Bedrooms

8

Total Baths

Full Baths

2,886

Square Feet

0.13

Acres

1949

Year Built

Active

Status

MLS#

24-379601

Welcome to an exceptional investment opportunity in the heart of West Adams! This fully occupied one-level 8-unit building, formerly a motel, presents a rare chance for investors, end-users and developers alike to capitalize on its unlimited development potential. Comprising seven generously sized single units and one 1-bedroom unit, each equipped with separate kitchen and bathroom, this property is meticulously maintained and ready for its next chapter. Situated on a corner lot in a mixed-use zone in the Archbishop Carl Bean Square, the building offers ample parking directly in front, as well as yard space behind. This property enjoys close proximity to a myriad of amenities, including dining options, the new Costco, light rail public transportation, and more which provides easy access for potential occupants, making it a highly desirable rental destination. With room for rental growth and promising returns on investment, this property presents a lucrative opportunity for savvy buyers. Additionally, its Tier 3 classification and CM-2D-CPIO zoning unlock a world of development possibilities, including potential use as Airbnb units. Pro forma rent is available, showcasing the lucrative potential of this investment. Please note that occupants should not be disturbed, and viewings are drive-by only. Buyers are encouraged to conduct their due diligence and verify all information. Other addresses to look up this property 5163 W Jefferson, 3029 S Sycamore or 3039 S Sycamore.

Details for 5161 W JEFFERSON BLVD

Year Built
1949
Parking
4
Price / Sq Ft
$346
HOA
No Info
Cooling
No
Heating
Yes
On Website
21 Days
Acres
0.1295

Price per square foot and days on website are not provided values and are calculated by RE/MAX.

Listing Office Pacific Playa Realty, 310-256-3040

MLS# 24-379601

Updated 7:47AM - 5/3/2024

Listing Agent Obie Nwabuzor, 310-200-4649

The multiple listings information is provided by The MLS/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 The MLS/CLAW. All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Area Information for 5161 W JEFFERSON BLVD

© Google

My Commute for 5161 W JEFFERSON BLVD

Find commute times from this listing to your favorite locations.

Data Provided by Google Maps

Presented By

I'm Interested

Schedule a showing

Your browser is out of date or unsupported. Some features of this website may not work until you update to a supported browser. More Info

Your browser is not currently supported. We recommend viewing REMAX.com and it's affiliated sites on one of the following browsers: