$1,500,000
Sold Price1317 Jefferson Boulevard, Los Angeles, CA 90007
About this home
GREAT OPPORTUNITY AND INVESTMENT IN EXPOSITION PARK!!! THIS C-2 ZONED PROPERTY IS RIGHT IN THE HEART OF LOS ANGELES!!! BORDERED BY JEFFERSON PARK, LEIMERT PARK, UNIVERSITY PARK, HYDE PARK, VERMONT SQUARE, AND THE HISTORIC WEST ADAMS DISTRICTS, THIS EQUITY-BUILDING, CASH-FLOWING, TAX-SHELTERING, AND CASH-ON-CASH RETURNING PROPERTY MAY HAVE THE ABILITY TO BUILD ADDITIONAL UNITS [13-21 UNITS DEPENDING ON TRANSIT COMMUNITIES’ ORDINANCE (“TOC”)]. "JUST" BLOCKS AND WALKING DISTANCE TO UNIVERSITY OF SOUTHERN CALIFORNIA ("USC"), THE LOS ANGELES MEMORIAL COLISEUM, CROMWELL FIELD, DEDEAUX FIELD, GALEN CENTER, AND EASILY ACCESSIBLE TO BUS / TRAIN / SUBWAY STATIONS, ETC., THIS PROPERTY RETAINS TREMENDOUS UPSIDE POTENTIAL AND AMPLE ROOM FOR GROWTH! THIS PROPERTY IS AT A COMPETITIVE PRICE, WITH AN EXTRAORDINARY AMOUNT OF UPSIDE IN RENT APPRECIATION--THERE IS A HUGE AMOUNT OF GENTRIFICATION IN THE REGION, PROVIDING AN INFINITE NUMBER OF OPPORTUNITIES. THIS GREAT PROPERTY IS ACROSS THE STREET FROM AN EVEN LARGER LOW-INCOME STUDENT HOUSING PROJECT CONDUCTED BY KANSAS CITY DEVELOPMENT FIRM "THE PRIME COMPANY" AND/OR "ELSEY PARTNERS. IT'S A PERFECT PROPERTY FOR SOMEONE LOOKING TO LIVE, RENT OUT, BUILD OTHER UNITS, OR EVEN HOLD AS A LONG-TERM ASSET!!! LOTS OF UPSIDE POTENTIAL!!! AN EXCELLENT OPPORTUNITY TO CONDUCT A 1031 EXCHANGE!! THIS IS A GROWING MARKET WITH EXPONENTIAL RETURNS!!! DON'T WAIT UNTIL IT'S TOO LATE!!! DO NOT MISS THIS GOLDEN OPPORTUNITY!!! *** Buyer(s) and their agent(s), broker(s), partner(s), and advisor(s) is/are to satisfy themself(ves) with, and determine, the accuracy of the information provided herein on their own volition, including, but not limited to, square footage, room count, permits, plans, and/or any and all other features. ***
infoProperty Facts
Bedrooms
3
Bathrooms
2
Square Feet
1,963
Property Type
Mixed Use
Days on Market
8
HOA Fee
N/A
Garage Total
0
MLS #
DW21261683
chairInterior Details
General Interior
Interior Features
Built In Features, Block Walls, Ceiling Fans, Ceramic Counters, Crown Molding, Separate Formal Dining Room, Pantry, Storage, All Bedrooms Up
Flooring
Laminate, Tile, Vinyl, Wood
Kitchen & Appliances
Appliances
Electric Range, Disposal, Gas Oven, Gas Range, Gas Water Heater, Range Hood
Laundry
Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room
deckExterior & Lot
Building & Construction
Fencing
Average Condition, Block, Brick, Masonry, Privacy, Wrought Iron
Security
Carbon Monoxide Detectors, Smoke Detectors
Construction
Brick, Drywall, Concrete, Plaster, Stucco, Unknown
Foundation
Combination, Raised, Slab
Roof
Composition, Shingle
Direction Faced
South
Nearby Schools
| Rating | School Name |
|---|---|
| 9 | GreatSchools High (Demo) public |
| 7 | Valley View Elementary (Demo) public |
| 6 | Lincoln Middle School (Demo) public |
| NR | St. Mary Example Academy (Demo) private |
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