2216 W Jefferson Blvd, Los Angeles, CA 90018
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2216 W Jefferson Blvd Los Angeles, CA 90018

$1,290,000
  • 4 Beds
  • 7 Baths
  • 5,264 Sq.Ft.
For Sale
$1,290,000 Get Pre-Qualified

Map preview of 2216 W Jefferson Blvd, Los Angeles, CA 90018

Property Overview: 2216 W Jefferson Blvd Los Angeles, CA has 4 bedrooms, 7 bathrooms, 5,264 living square feet and 5,217 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: commercial 3 stores are at the front of Jefferson Blvd. Barber shop, driving school, wood craft. mixed use commercial building with 1 bedroom 4 units upstairs. comfortable structure inside in each 1 bed room unit. total 7 units building. Do not disturb tenants. new electrical panel. NOI is 7.2. Good income property. great potential opportunity. near to USC and downtown and METRO much to be developed area.

Listed by Anna Hae Ran Gee | BRE #01239226 | Bee Investment, Inc.
Last checked: 10 minutes ago | Last updated: May 8th, 2024 | Source CRMLS | DOM: 16
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Home details

Lot Sq. Ft
5,217
HOA Dues
$0/mo
Year built
1908
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24386125
City
Los Angeles
County
Los Angeles
Time on Site
18 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $820
  • Total Rent: $820
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,070
  • Total Rent: $1,070
Unit Breakdown 3
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $3,755
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14
  • Gross Scheduled Income: --
  • Net Operating Income: $66,920
  • Gross Operating Income: $92,940
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 2216 W Jefferson Blvd

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Uncovered, Side by Side
Property Information
  • Total # of Units: 7
  • Parcel Number: 5042002003
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: between Jefferson Blvd & 7th Ave
View more facts & features

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Sale History for 2216 W Jefferson Blvd

View property's historical transactions
  • April, 2024

  • Apr 30, 2024

    Date

    Active

    CRMLS: 24386125

    $1,290,000

    Price

  • October, 2017

  • Oct 11, 2017

    Date

    Expired

    CRMLS: BB17103250

    $1,050,000

    Price

  • Jun 29, 2017

    Date

    Withdrawn

    CRMLS: BB17103250

    $1,050,000

    Price

  • Jun 1, 2017

    Date

    Hold

    CRMLS: BB17103250

    $1,050,000

    Price

  • May 22, 2017

    Date

    Price Change

    CRMLS: BB17103250

    $1,050,000

    Price

  • May 10, 2017

    Date

    Active

    CRMLS: BB17103250

    $950,000

    Price

  • Listing provided courtesy of CRMLS

    Mixed use commercial building in desirable location of LA. 4 one bedroom one bath residential apartment units on second level and 3 commercial units on ground level. Total 7 units building offers great current rental income but even tremendous potential in the future for the new owner. New roof done in 2016 and exterior painting in 2015. Near USC! Leslie N. Shaw Park right across the street. Pleasant environment adds to this property makes perfect investment!

  • October, 2017

  • Oct 11, 2017

    Date

    Expired

    CRMLS: BB17103095

    $1,050,000

    Price

  • Jun 29, 2017

    Date

    Withdrawn

    CRMLS: BB17103095

    $1,050,000

    Price

  • Jun 1, 2017

    Date

    Hold

    CRMLS: BB17103095

    $1,050,000

    Price

  • May 22, 2017

    Date

    Price Change

    CRMLS: BB17103095

    $1,050,000

    Price

  • May 10, 2017

    Date

    Active

    CRMLS: BB17103095

    $950,000

    Price

  • Listing provided courtesy of CRMLS

    Mixed use commercial building in desirable location of LA. 4 one bedroom one bath residential apartment units on second level and 3 commercial units on ground level. Total 7 units building offers great current rental income but even tremendous potential in the future for the new owner. New roof done in 2016 and exterior painting in 2015. Near USC! Leslie N. Shaw Park right across the street. Pleasant environment adds to this property makes perfect investment!

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Tax History for 2216 W Jefferson Blvd

Assessed Value (2020): $565,391
Year Land Value Improved Value Assessed Value
2020 $338,093 $227,298 $565,391

Home Value Compared to the Market

This property vs the competition

2216 W Jefferson Blvd is listed 3.2% 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 $245.06 per/sqft which puts the price per square foot 68.46% lower than the median price per square foot for the city of Los Angeles.

About 2216 W Jefferson Blvd

Detailed summary of property

2216 W Jefferson Blvd is a multi family located in Los Angeles, CA 90018 and is currently for sale. This multi family property offers 4 bedrooms, 7 bathrooms, roughly 5,264 living square feet, and sits on an approximately 5,217 square foot lot. 2216 W Jefferson Blvd was first listed on ArdentRealEstateGroup.com on May 1, 2024. The homeowner is currently asking $1,290,000. 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 3.2% higher than the median priced home. Local competing homes currently for sale include 2954 S Norton Ave, 3968 Arlington Ave and 2015 6th Ave. While the average home in Los Angeles, CA is selling in 92 days, 2216 W Jefferson Blvd has a days on market of 16 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 2216 W Jefferson Blvd Los Angeles, CA 90018 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2216 W Jefferson Blvd

Public county record property details
Beds
--
Baths
--
Year built
1908
Sq. Ft.
5,264
Lot Size
5,215
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
4
APN
5042-002-003

The source for these homes facts are from public records.

90018 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$949,000
Median List Price/Sq.Ft.
$684
Median Sold Price
$950,000
Median Sold Price/Sq.Ft.
$603
Total Inventory
53
Median Sale to List Price %
105.67%
Avg Days on Market
29
Loan Type
Conventional (10%), FHA (0%), VA (0%), Cash (0%), Other (20%)

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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.