1317 W Jefferson Blvd, Los Angeles, CA 90007
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1317 W Jefferson Blvd Los Angeles, CA 90007

$1,225,000 Sold Price as of 01/19/2022
  • 3 Beds
  • 2 Baths
  • 1,963 Sq.Ft.
Sold
$1,225,000 Sold Price as of 01/19/2022 Refinance Your Mortgage

Map preview of 1317 W Jefferson Blvd, Los Angeles, CA 90007

Property Overview: 1317 W Jefferson Blvd Los Angeles, CA has 3 bedrooms, 2 bathrooms, 1,963 living square feet and 5,355 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: GREAT OPPORTUNITY AND INVESTMENT IN EXPOSITION PARK!!! THIS C-2 ZONED PROPERTY IS RIGHT IN THE HEART OF LOS ANGELES!!! BORDERED BY JEFFERSON PARK, LEIMERT PARK, UNIVERSITY PARK, HYDE PARK, VERMONT SQUARE, AND THE HISTORIC WEST ADAMS DISTRICTS, THIS EQUITY-BUILDING, CASH-FLOWING, TAX-SHELTERING, AND CASH-ON-CASH RETURNING PROPERTY MAY HAVE THE ABILITY TO BUILD ADDITIONAL UNITS [13-21 UNITS DEPENDING ON TRANSIT COMMUNITIES’ ORDINANCE (“TOC”)]. "JUST" BLOCKS AND WALKING DISTANCE TO UNIVERSITY OF SOUTHERN CALIFORNIA ("USC"), THE LOS ANGELES MEMORIAL COLISEUM, CROMWELL FIELD, DEDEAUX FIELD, GALEN CENTER, AND EASILY ACCESSIBLE TO BUS / TRAIN / SUBWAY STATIONS, ETC., THIS PROPERTY RETAINS TREMENDOUS UPSIDE POTENTIAL AND AMPLE ROOM FOR GROWTH! THIS PROPERTY IS AT A COMPETITIVE PRICE, WITH AN EXTRAORDINARY AMOUNT OF UPSIDE IN RENT APPRECIATION--THERE IS A HUGE AMOUNT OF GENTRIFICATION IN THE REGION, PROVIDING AN INFINITE NUMBER OF OPPORTUNITIES. THIS GREAT PROPERTY IS ACROSS THE STREET FROM AN EVEN LARGER LOW-INCOME STUDENT HOUSING PROJECT CONDUCTED BY KANSAS CITY DEVELOPMENT FIRM "THE PRIME COMPANY" AND/OR "ELSEY PARTNERS. IT'S A PERFECT PROPERTY FOR SOMEONE LOOKING TO LIVE, RENT OUT, BUILD OTHER UNITS, OR EVEN HOLD AS A LONG-TERM ASSET!!! LOTS OF UPSIDE POTENTIAL!!! AN EXCELLENT OPPORTUNITY TO CONDUCT A 1031 EXCHANGE!! THIS IS A GROWING MARKET WITH EXPONENTIAL RETURNS!!! DON'T WAIT UNTIL IT'S TOO LATE!!! DO NOT MISS THIS GOLDEN OPPORTUNITY!!! *** Buyer(s) and their agent(s), broker(s), partner(s), and advisor(s) is/are to satisfy themself(ves) with, and determine, the accuracy of the information provided herein on their own volition, including, but not limited to, square footage, room count, permits, plans, and/or any and all other features. ***

Listed by Wilbert Alvarado | BRE #01982771 | Re/Max Top Producers
Co-listed by Alexander Romero | BRE #01836294 | Remax Masters
Last checked: 15 minutes ago | Last updated: January 21st, 2022 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
5,355
HOA Dues
$0/mo
Year built
1895
Garage
--
Property Type:
Mixed Use
Status
Sold
MLS#
DW21261683
City
Los Angeles
County
Los Angeles
Time on Site
1015 days

Property Details for 1317 W Jefferson Blvd

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup, Individual Room
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 0
  • Downstairs Bathrooms: 0
  • Eating Area: Dining Room
  • Flooring: Laminate, Tile, Vinyl, Wood
  • All Bedrooms Up, Kitchen, Laundry, Living Room, Master Bedroom, Office
Kitchen Information
  • Has Appliances
  • Disposal, Gas & Electric Range, Gas Oven, Gas Water Heater, Range Hood
  • Tile Counters
Bathroom Information
  • # of Baths (Full): 2
Interior Features
  • Block Walls, Built-in Features, Ceiling Fan(s), Ceramic Counters, Crown Molding, Pantry, Storage
  • Levels: One
  • Window Features: Double Pane Windows, Drapes
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • Lighting, Rain Gutters
  • Has Fence
  • Average Condition, Block, Brick, Masonry, Privacy, Wrought Iron
  • Other Structures: Guest House, Outbuilding, Shed(s), Storage
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Concrete, Slab
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Covered, Driveway, Concrete, Paved, On Site, Parking Space, Tandem Uncovered, Uncovered
Lot Information
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Level, Near Public Transit, Park Nearby, Patio Home, Paved, Value In Land
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5040024023
  • Year Built Source: Assessor
  • Architectural Style: Custom Built, Modern
  • Entry Level: 1
  • Foundation Details: Combination, Raised, Slab
  • Property is not Attached
  • Accessibility Features: None
  • Property Condition: Additions/Alterations, Fixer
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer, Unknown
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • High School District: Los Angeles Unified
Location / Neighborhood
Location Information
  • Directions: CA-10, Exit Normandie Ave.. South on Normandie Ave., West on Jefferson, 2nd Property on Northeast Side, Facing South, 1317 W. Jefferson Dr., Los Angeles, CA 90007
Neighborhood Information
  • Community Features: Curbs, Gutters, Park, Sidewalks, Storm Drains, Street Lights, Urban
View more facts & features

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Sale History for 1317 W Jefferson Blvd

Last sold for $1,225,000 on January 19th, 2022
  • January, 2022

  • Jan 19, 2022

    Date

    Sold

    CRMLS: DW21261683

    $1,225,000

    Price

  • Dec 8, 2021

    Date

    Active

    CRMLS: DW21261683

    $1,500,000

    Price

  • June, 2011

  • Jun 23, 2011

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • June, 2011

  • Jun 2, 2011

    Date

    Sold (Public Records)

    Public Records

    $232,500

    Price

Show More

Tax History for 1317 W Jefferson Blvd

Assessed Value (2020): $205,001
Year Land Value Improved Value Assessed Value
2020 $134,716 $70,285 $205,001

Home Value Compared to the Market

This property vs the competition

1317 W Jefferson Blvd sold on January 19, 2022 for 33.93% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $764.14 per/sqft which puts the price per square foot 5.54% higher than the current median sale per square foot for the city of Los Angeles.

About 1317 W Jefferson Blvd

Detailed summary of property

1317 W Jefferson Blvd is a mixed use that recently sold in Los Angeles, CA 90007. This mixed use property offered 3 bedrooms, 2 bathrooms, roughly 1,963 living square feet, and sits on an approximately 5,355 square foot lot. 1317 W Jefferson Blvd was first listed on ArdentRealEstateGroup.com on December 9, 2021. The homeowner sold the property for $1,225,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 33.93% higher than the current median priced home. Local homes that are currently for sale include 2007 Pennsylvania Ave, 2015 Pennsylvania Ave and 2016 Pennsylvania Ave. While the average home in Los Angeles, CA is selling in 106 days, 1317 W Jefferson Blvd has a days on market of 8 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1317 W Jefferson Blvd Los Angeles, CA 90007 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1317 W Jefferson Blvd

Public county record property details
Beds
--
Baths
--
Year built
1895
Sq. Ft.
1,963
Lot Size
5,354
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
Yes
Spa
No
County
Los Angeles
Lot#
113
APN
5040-024-023

The source for these homes facts are from public records.

90007 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,495,000
Median List Price/Sq.Ft.
$610
Median Sold Price
$1,025,000
Median Sold Price/Sq.Ft.
$777
Total Inventory
16
Median Sale to List Price %
100%
Avg Days on Market
0
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.