2707 Jefferson BlvdLos Angeles, CA 90018

This exceptional mixed-use investment opportunity presents a fully vacant, six-unit building situated at 2707 W Jefferson Blvd, Los Angeles, CA 90018. The property, built in 1912/1950, comprises two structures totaling 3,586 rentable square feet on a 5,001 square foot lot zoned LAC2. The property features a mix of commercial and residential units: two street-level commercial units, one one-bedroom unit, one two-bedroom unit, a non-conforming studio, and a three-bedroom single-family home. Currently vacant, this presents a unique value-add opportunity to reposition the property and maximize its potential. The pro forma cap rate is 7.19%, with a pro forma NOI of $106,830 and an asking price of $1,485,000 ($414.11/sq ft and $247,500/unit). The property's location in the Jefferson Park neighborhood offers convenient access to public transportation and is experiencing significant growth due to its proximity to West Adams, Koreatown, USC, and Downtown Los Angeles. Nearby amenities include popular establishments such as Harold & Belle's and CAFE5. This property offers significant upside potential for the savvy investor seeking to capitalize on the area's revitalization. Alley access is also available.