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$ 1,200,000
Est. payment /mo
New
731 E Jefferson BLVD Los Angeles, CA 90011
7 Beds
7 Baths
3,200 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,200 sqft
Price per Sqft $375
MLS Listing ID 25506847
Bedrooms 7
HOA Y/N No
Year Built 1955
Lot Size 5,431 Sqft
Lot Dimensions Assessor
Property Description
This exceptional investment opportunity offers an impressive 8.35% cap rate making it a turnkey, high-yield asset in one of Los Angeles' most dynamic rental markets. Located at 731 E. Jefferson Blvd. Los Angeles, this professionally managed and well-maintained property features seven units all individually metered for gas and electricity allowing tenants to cover their own utilities. The property consists of seven 1 bed +1 bath units in 3,200 square feet of livable space on a 5,428 square foot lot. 2 Units Delivered vacant. Half the units have been remodeled. Building amenities include gated secured entry and on-site large parking court. Conveniently positioned near major employment hubs, this property provides tenants with easy access to Los Angeles International Airport (LAX), Downtown LA, the West Side, and the South Bay, making it an attractive option for working professionals. Additionally, it's close to some of LA's top attractions, including SoFi Stadium, USC, BMO Stadium, LA Memorial Coliseum, Exposition Park, the Lucas Museum of Narrative Art, the Natural History Museum, the California Science Center, and the Kia Forum all within a short commute. Residents also benefit from excellent transportation options, with quick access to major freeways such as the I-110, I-5, and I-405, as well as public transit options just minutes away, providing seamless connectivity throughout Greater Los Angeles and the South Bay. This property offers strong cash flow, modernized units, and an unbeatable location, making it a prime addition to any savvy investor's portfolio. Can be sold as a package with 432 W. 107th. (Also 7 units offered at a high CAP).
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LAM1
Interior
Cooling None
Fireplaces Type None
Fireplace No
Appliance Gas Cooktop, Disposal, Gas Oven
Exterior
Parking Features Controlled Entrance, Gated
Pool None
Community Features Gated
Total Parking Spaces 7
Private Pool No
Building
Story 2
Entry Level Multi/Split
Sewer Other
Architectural Style Contemporary
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5120023019
Security Features Gated Community
Special Listing Condition Standard
Listed by Danny Mahelka • Coldwell Banker Realty