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5665 W Jefferson Blvd, Los Angeles, CA 90016
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5665 W Jefferson Blvd Los Angeles, CA 90016

$5,500,000
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
Pending
$5,500,000 Get Pre-Qualified
Map preview of 5665 W Jefferson Blvd, Los Angeles, CA 90016

Property Overview: 5665 W Jefferson Blvd Los Angeles, CA has -- bedrooms, -- bathrooms, -- living square feet and 14,403 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: INVESTORS DREAM! 5665 W. Jefferson is a 17-unit apt. building in a perfect location. This neighborhood has undergone a major economic boom and the investor outlook is bright, influenced by the ongoing $1 billion redevelopment of 11-acre Cumulus District across street and quick access to Culver City! Streaming Content companies (like Apple/Sony/Netflix/ Hulu/ Yahoo/ Google/and more) are scooping up adjacent neighborhoods for new content creation corporate sites. It's considered the new Silicon Valley South! Local housing demands have great returns for investors providing exceptional housing. This double-lot provides space for a complete rebuild to capture prime rental rates (Cumulus District - across the street averaging $6,500/mo. for 2BD/2BA) Apple building is across the street (building sold in 2022 for $105M). Fantastic location right across the street from the Metro Station, bike path and Corporate shuttle stop for a quick commute. Your commute could be grabbing Starbucks next door and jumping on the Metro for a quick trip to your office! Current Unit mix: (2) studios (11) one bedroom and (4) two bedrooms, all one bath. This building features a central garden courtyard w/ rear alley access! Many of the units have upgrades and/or back door access. www.5665Jefferson.com Views: Downtown

Listed by Susan Bieber | BRE #01883429 | Premier Realty Associates
Last checked: 32 seconds ago | Last updated: March 31st, 2024 | Source CRMLS | DOM: 84
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Home details

Lot Sq. Ft
14,403
HOA Dues
$0/mo
Year built
1955
Garage
--
Property Type:
Multi Family
Status
Pending
MLS#
41046625
City
Los Angeles
County
Los Angeles
Time on Site
116 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 17
  • Total # of Buildings: --
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: $300,688
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --
  • Professional Management: $15,033

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Property Details for 5665 W Jefferson Blvd

Interior Features
Cooling Information
  • Has Cooling
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Included
Kitchen Information
  • Has Appliances
  • Gas Water Heater
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 21
Lot Information
  • Lot Features: Level with Street
Property Information
  • Has View
  • View: Hills
  • Total # of Units: 17
  • Parcel Number: 5048016024
Location / Neighborhood
Location Information
  • Subdivision Name: Other
  • Directions: La Cienega to W. Jefferson Cross Street: La Cienega.
View more facts & features

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Sale History for 5665 W Jefferson Blvd

View property's historical transactions

  • March, 2024

  • Mar 30, 2024

    Date

    Pending

    CRMLS: 41046625

    $5,500,000

    Price

  • Jan 2, 2024

    Date

    Active

    CRMLS: 41046625

    $5,500,000

    Price

  • May, 2021

  • May 25, 2021

    Date

    Active Under Contract

    CRMLS: SR21056844

    $5,500,000

    Price

  • Apr 23, 2021

    Date

    Price Change

    CRMLS: SR21056844

    $5,500,000

    Price

  • Mar 18, 2021

    Date

    Active

    CRMLS: SR21056844

    $6,595,000

    Price

  • Listing provided courtesy of CRMLS

    HUGE PRICE ADJUSTMENT! Same owner since 1963 has taken care of this gem residential income property which is truly located in the center of all Los Angeles highlights! Just minutes away from Santa Monica, Beverly Hills, LAX, Downtown, all sports venues, film studios in Culver City. Located on the border of Culver City and Adams West, walking distance to studios, metro, shopping. Target, Trader Joe's, Sees Candies Warehouse, Starbucks is a short walk away and around the corner from the newly developed luxury ARQ Apartments. The building has had many upgrades including granite kitchen counters, new flooring, and a new roof (10 years) There is an upside in rents as most all tenants have been there for a while and some have rent subsidized by section 8. Maximize your NOI by possible development opportunities in this desirable location. Just a couple blocks south is considered Baldwin Hills and a few steps away to the west is considered Culver City.

  • May, 2021

  • May 25, 2021

    Date

    Active Under Contract

    CRMLS: SR21092137

    $5,500,000

    Price

  • Apr 30, 2021

    Date

    Active

    CRMLS: SR21092137

    $5,500,000

    Price

  • Listing provided courtesy of CRMLS

    HUGE PRICE ADJUSTMENT! Same owner since 1963 has taken care of this gem residential income property which is truly located in the center of all Los Angeles highlights! Just minutes away from Santa Monica, Beverly Hills, LAX, Downtown, all sports venues, film studios in Culver City. Located on the border of Culver City and Adams West, walking distance to studios, metro, shopping. Target, Trader Joe's, Sees Candies Warehouse, Starbucks is a short walk away and around the corner from the newly developed luxury ARQ Apartments. The building has had many upgrades including granite kitchen counters, new flooring, and a new roof (10 years) There is an upside in rents as most all tenants have been there for a while and some have rent subsidized by section 8. Maximize your NOI by possible development opportunities in this desirable location. Just a couple blocks south is considered Baldwin Hills and a few steps away to the west is considered Culver City.

  • March, 2020

  • Mar 16, 2020

    Date

    Expired

    CRMLS: 20548228

    $5,000,000

    Price

  • Feb 6, 2020

    Date

    Active

    CRMLS: 20548228

    $5,000,000

    Price

  • Listing provided courtesy of CRMLS

    CLICK ON DOC . FOR FINANCIALS!! GREAT LOCATION / PRIDE OF OWNERSHIP!! Property is located across the street from the La Cienega Metro-Link train station. Most units have been completely upgraded with granite countertops, new ceramic tile, hardwood floors, mirrored closet doors, and new bath fixtures. On-site laundry room; $100.000.00 in soft-story retrofit work just completed; New 100gal 270btu central water heater just installed; Two million square feet of residential and commercial space being developed right across the street; Near-by bike paths, hiking trail, and great Culver City restaurants and shops. ALL OFFERS CONSIDERED ! ! SEE ATTACHED BROKER/CLIENT DATA SHEET AND VIDEO.

  • February, 2020

  • Feb 5, 2020

    Date

    Expired

    CRMLS: 19535006

    $5,250,000

    Price

  • Dec 6, 2019

    Date

    Active

    CRMLS: 19535006

    $5,250,000

    Price

  • Listing provided courtesy of CRMLS

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Tax History for 5665 W Jefferson Blvd

Assessed Value (2020): $207,541
Year Land Value Improved Value Assessed Value
2020 $61,849 $145,692 $207,541

Home Value Compared to the Market

This property vs the competition

5665 W Jefferson Blvd is listed 340.35% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000.

About 5665 W Jefferson Blvd

Detailed summary of property

5665 W Jefferson Blvd is a multi family located in Los Angeles, CA 90016 and is currently in escrow to be sold. This multi family property offers -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 14,403 square foot lot. 5665 W Jefferson Blvd was first listed on ArdentRealEstateGroup.com on January 3, 2024. The homeowner is currently asking $5,500,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 340.35% higher than the median priced home. Local competing homes currently for sale include 7815 Melrose Ave, 955 N Croft Ave and 1005 N Croft Ave. While the average home in Los Angeles, CA is selling in 97 days, 5665 W Jefferson Blvd has a days on market of 84 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 5665 W Jefferson Blvd Los Angeles, CA 90016 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5665 W Jefferson Blvd

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
11,818
Lot Size
14,403
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
22,23
APN
5048-016-024

The source for these homes facts are from public records.

90016 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,150,000
Median List Price/Sq.Ft.
$774
Median Sold Price
$955,000
Median Sold Price/Sq.Ft.
$651
Total Inventory
73
Median Sale to List Price %
100%
Avg Days on Market
28
Loan Type
Conventional (26.67%), FHA (0%), VA (0%), Cash (13.33%), Other (33.33%)

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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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