5131 Jefferson BlvdLos Angeles, CA 90016

Property Details for 5131 Jefferson Blvd

Year built

1951

Construction

WOOD

Lot size

0.28 AC

Property size (Sq ft)

11,016 SF

Zone code

LAM1

Property type

Manufacturing properties

APN

5049-021-036

APU

5049021036

Description

This ±9,351 square foot flex/warehouse property in Los Angeles' West Adams neighborhood is available for $4,995,000. Recently renovated, it features new LED lighting, skylights, polished floors, sand-blasted wood-beamed ceilings, three ADA-compliant restrooms, HVAC, and three automatic grade-level loading doors. The property sits on a ±12,133 square foot lot and includes six on-site parking spaces and approximately 3,000 square feet of yard/parking area. Located in a thriving area near popular restaurants, hotels, art galleries, and production studios, this owner-user opportunity is situated within an Opportunity Zone, offering potential financial benefits. The property is zoned CM-2D-CPIO and has a single unit. The asking price is $534.17 per square foot. Three loading docks are present, but no dock-high doors. The property is currently vacant. This turnkey creative compound presents a unique chance to establish a strong presence in a rapidly developing area.

• CAP approach

  CAP return

  Valuation

  6%

  $7,485,880

  6.5%

  $6,910,040

  7%

  $6,416,470

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,351,680

  Geo Method

  $3,351,680

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $3,477,630

  Mixed-Use / Specialty

  $3,413,380

  Hospitality / Lodging

  $2,436,770

  Office

  $3,339,090

  Institutional / Educational

  $3,530,000

  Residential Income

  $4,130,100

  Multifamily

  $5,240,900

  Automotive / Energy

  $3,025,720

  Parking / Income-Based Land

  $1,095,370

  Restaurant / Food Service

  $1,664,650

  Healthcare / Senior Housing

  $3,553,530

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.0258

Longitude

-118.356

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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