Mixed Use Retail/Apt in USC Patrol Zone

Los Angeles, Ca

1425 W Jefferson Blvd, Los Angeles, CA

Property Description

1425 W. Jefferson Blvd. is a 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 in a strong rental market.

The property is comprised of two structures totaling 3,592 SF with a corner building split into 3 retail units currently occupied.  The side building is a two story 4 unit multifamily property with all 1/1 units, month to month tenants, and one unit currently 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.

* Multifamily units subject to city of Los Angeles rent stabilization.

Features and Highlights

  • Located in USC Patrol Zone!
  • Month to Month Tenancy and One Unit Delivered Vacant.
  • Below Market Rents in a Strong Traffic Area.
  • 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

  • Price:$1,100,000
  • APN:5040-022-001
  • Units:Retail + 4 Apt
  • Zoning:C2
  • Building Size:3,592 SF
  • Lot Size:5,058 SF
  • Year Built:1922

Listing Agent: Brian Noh, CCIM DRE: 01438115

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