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1425 W Jefferson Blvd, Los Angeles, CA 90007
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1425 W Jefferson Blvd Los Angeles, CA 90007

$1,599,000
  • 4 Beds
  • 7 Baths
  • 3,592 Sq.Ft.
For Sale
$1,599,000 Get Pre-Qualified
Map preview of 1425 W Jefferson Blvd, Los Angeles, CA 90007

Property Overview: 1425 W Jefferson Blvd Los Angeles, CA has 4 bedrooms, 7 bathrooms, 3,592 living square feet and 5,058 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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.

Listed by Brian Noh | BRE #01438155 | Nohco Real Estate
Last checked: 7 minutes ago | Last updated: May 3rd, 2024 | Source CRMLS | DOM: 11
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Home details

Lot Sq. Ft
5,058
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Mixed Use
Status
Active
MLS#
OC24087845
City
Los Angeles
County
Los Angeles
Time on Site
15 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 2
  • # of Leased Units: 4
  • # of Electric Meters: 7
  • # of Gas Meters: 7
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $350
  • Total Rent: $350
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $914
  • Total Rent: $914
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $931
  • Total Rent: $931
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.5%
  • Gross Rent Multiplier: 15.2
  • Gross Scheduled Income: $105,535
  • Net Operating Income: $71,953
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $30,416
  • Trash: $0
  • Insurance: $0
  • Professional Management: $0
  • Water/Sewer: $0

Open Houses for 1425 W Jefferson Blvd

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Property Details for 1425 W Jefferson Blvd

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Laminate, Tile
  • Kitchen, Living Room
Kitchen Information
  • Has Appliances
  • Disposal, Gas Range, Refrigerator, Water Heater
Interior Features
  • Ceiling Fan(s)
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Driveway, Uncovered
Lot Information
  • Lot Features: 6-10 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: City Lights
  • Common Walls: 2+ Common Walls
  • Total # of Units: 7
  • Parcel Number: 5040022001
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: On Jefferson Blvd between Normandie & Vermont Ave.
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 1425 W Jefferson Blvd

Last leased for $1,595 on June 26th, 2020

  • May, 2024

  • May 2, 2024

    Date

    Active

    CRMLS: OC24087845

    $1,599,000

    Price

  • June, 2020

  • Jun 26, 2020

    Date

    Leased

    CRMLS: 20582050

    $1,595

    Price

  • May 22, 2020

    Date

    Active

    CRMLS: 20582050

    $1,595

    Price

  • Listing provided courtesy of CRMLS

    NEWLY REMODELED ONE BEDROOM! The kitchen has been upgraded with new cabinetry, quartz countertops and a large amount of storage. The kitchen is equipped with new refrigerator, microwave and stove! The bathroom has been finished with new tile and a new vanity! Laminate flooring in living room and bedroom.

  • September, 2018

  • Sep 21, 2018

    Date

    Sold

    CRMLS: SR18206797

    $1,050,000

    Price

  • Aug 30, 2018

    Date

    Pending

    CRMLS: SR18206797

    $1,050,000

    Price

  • Aug 24, 2018

    Date

    Active

    CRMLS: SR18206797

    $1,050,000

    Price

  • Listing provided courtesy of CRMLS

    Mixed use property located close to University of Southern California (USC), of two building of four two story residential apartment units, and three commercial units all rented with long term tenants. This is a beautiful property located in the heart of prestige college community, close to Staples Center, and Live Los Angeles Downtown. The building are 1,600 Sq ft commercial on first floor, and 1,936 sq ft two story residential building. Rectangular.

  • September, 2018

  • Sep 20, 2018

    Date

    Sold (Public Records)

    Public Records

    $1,050,000

    Price

  • December, 2010

  • Dec 13, 2010

    Date

    Active

    CRMLS: CC291285

    --

    Price

  • Listing provided courtesy of CRMLS

  • November, 2010

  • Nov 12, 2010

    Date

    Active

    CRMLS: CC290738

    --

    Price

  • Listing provided courtesy of CRMLS

    Large retail/apartment property located in Los Angeles, 4-5 Blocks from USC University. Great location! 4 residential units and 3 retail stores. Residential apartments are on a Month-to-Month lease agreement. Commercial Units renew lease contract every 3 months. Make an offer or tell your friends and family about this great deal! Call Robert at 323-574-6090. Comments Title: 7 Units for Sale in Los Angeles.

  • April, 2008

  • Apr 2, 2008

    Date

    Active

    CRMLS: CC276855

    --

    Price

  • Listing provided courtesy of CRMLS

    Don't miss out on this great mixed-use investment property near USC. 4 apartment units, and 3 retail units are currently being rented. The property is located in a very busy Jefferson Blvd, There lots of visibility, property has parking in the rear, and storage space in the back. Many more details so come bring your investors and make an offer..

  • February, 2006

  • Feb 3, 2006

    Date

    Sold (Public Records)

    Public Records

    $525,000

    Price

Show More

Tax History for 1425 W Jefferson Blvd

Assessed Value (2020): $1,071,000
Year Land Value Improved Value Assessed Value
2020 $754,800 $316,200 $1,071,000

Home Value Compared to the Market

This property vs the competition

1425 W Jefferson Blvd is listed 27.92% higher than the median list price for the city of Los Angeles which has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $777 and this home is listed at $445.16 per/sqft which puts the price per square foot 42.71% lower than the median price per square foot for the city of Los Angeles.

About 1425 W Jefferson Blvd

Detailed summary of property

1425 W Jefferson Blvd is a mixed use located in Los Angeles, CA 90007 and is currently for sale. This mixed use property offers 4 bedrooms, 7 bathrooms, roughly 3,592 living square feet, and sits on an approximately 5,058 square foot lot. 1425 W Jefferson Blvd was first listed on ArdentRealEstateGroup.com on May 2, 2024. The homeowner is currently asking $1,599,000. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $777. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 27.92% higher than the median priced home. Local competing homes currently for sale include 957 N St Andrews Pl, 1645 Vine St #406 and 2015 Pennsylvania Ave. While the average home in Los Angeles, CA is selling in 92 days, 1425 W Jefferson Blvd has a days on market of 11 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1425 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 1425 W Jefferson Blvd

Public county record property details
Beds
4
Baths
4
Year built
1922
Sq. Ft.
3,592
Lot Size
5,058
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5040-022-001

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
$1,199,999
Median List Price/Sq.Ft.
$616
Median Sold Price
$710,000
Median Sold Price/Sq.Ft.
$645
Total Inventory
13
Median Sale to List Price %
94.79%
Avg Days on Market
63
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Buy this home with Ardent Real Estate Group and get $5,996 back.

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Recently Sold Homes Near 1425 W Jefferson Blvd

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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.

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